Mears Group

Gloucester, United Kingdom Founded: 1988 • Age: 38 yrs
Housing and care services are provided across the UK.
Annual revenue $1.4B Latest available
Total funding - Funding intelligence
Employees 5500 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Mears Group

Mears Group is a company based in Gloucester (United Kingdom) founded in 1988 by Tim Carpenter. It operates as a Professional Services and Managed Services. The company has 5,500 employees as of December 31, 2024. Mears Group has completed 3 acquisitions, including IRT, Independent Living Services and Morrison PLC. Mears Group offers products and services including Housing Maintenance, Housing with Care, Housing Management, Facilities Management, and Planned Maintenance. Mears Group operates in a competitive market with competitors including CBRE, HomeServe, OCS, Clearway and Air Partner, among others.

  • Headquarter Gloucester, United Kingdom
  • Employees 5500 as on 31 Dec, 2024
  • Founders Tim Carpenter
  • Stage Public
  • Sectors
    Business Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mears Group Plc
Operational Areas
Business Services → Professional & Consulting Services Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.42 B (USD)
    3.96
    as on Dec 31, 2024
  • Net Profit
    $58.3 M (USD)
    32.16
    as on Dec 31, 2024
  • EBITDA
    $180.53 M (USD)
    20.58
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    5500

    as on Dec 31, 2024

  • Investments & Acquisitions
    IRT

    & 2 more

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IPO & Listings of Mears Group

Mears Group is a publicly listed company on the LSE with ticker symbol MER in UK, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: MER · Sector: Consumer durables · UK

Products & Services of Mears Group

Mears Group offers a comprehensive portfolio of products and services, including Housing Maintenance, Housing with Care, Housing Management, Facilities Management, and Planned Maintenance.

Product name locked
Category locked
Primary

Repairs are delivered daily to over 1,000,000 homes.

Product name locked
Category locked
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Care is provided in 21 extra care schemes.

Product name locked
Category locked
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Homes are managed for vulnerable people across UK.

Product name locked
Category locked
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Comprehensive services are offered to public and private sectors.

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Category locked
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Maintenance is planned for social housing across UK.

People of Mears Group

Headcount 1000-5000
Employee Profiles 70
Board Members and Advisors 4
Employee Profiles
People
Dawn Kidd
Regional Director
People
Darren Bevis
General Manager
People
Paul Adams
Operations Director- Mears New Homes
People
Hardev Singh
Group Customer Success Manager

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Board Members and Advisors
people
Nick Wharton
Non Executive Director
people
Jim Clarke
Chairman
people
Angela Lockwood
Non-Executive Director

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Funding Insights of Mears Group

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Detailed funding history for Mears Group

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Investments & Acquisitions by Mears Group

Mears Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include IRT, Independent Living Services and Morrison PLC.

Investments
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Investment portfolio details for Mears Group

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified facility management services are provided across sectors.
Locked Locked 2003 Locked
Cloud-based thermal surveying solutions are provided for building optimization.
Locked Locked 2002 Locked
Operator of senior living homes
Locked Locked 1970 Locked
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Complete acquisition details for Mears Group

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Financial Statements - Mears Group

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Detailed financials for Mears Group

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Mears Group Comparisons

Mears Group Primary company
Description
Housing and care services are provided across the UK.
Location
Gloucester, United Kingdom
Founded Year
1988
Annual Revenue
$1.42 B (USD)
Net Profit
$58.3 M (USD)
EBITDA
$180.53 M (USD)
Employees
5,500
As of 2024
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Peer comparison for Mears Group

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Competitors of Mears Group

Mears Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CBRE, HomeServe, OCS, Clearway and Air Partner, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Property management, brokerage, and asset services are provided globally.
Locked Locked Locked
Home emergency insurance and repair services are provided to customers.
Locked Locked Locked
Facilities management services are provided by OCS since 1900.
Locked Locked Locked
Provider of property management, temporary CCTV installations and alarm response monitoring
Locked Locked Locked
Private aircraft charter and aviation support services are provided.
Locked Locked Locked
Provider of cleaning, security, catering, and environmental services
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Detailed competitors of Mears Group

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Latest news on Mears Group

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Complete news archive for Mears Group

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Frequently Asked Questions about Mears Group

Mears Group was founded in 1988.

Mears Group is headquartered in Gloucester, United Kingdom. It is registered at Gloucester, England, United Kingdom.

As of Dec 31, 2024, the latest employee count at Mears Group is 5,500.

Annual revenue of Mears Group is $1.42B as on Dec 31, 2024.

Housing maintenance, care, and management services are delivered by Mears Group across the UK. Over 1,000,000 homes are repaired daily, and 17,000 homes are managed for local and central government. Care and support are provided in 21 extra care schemes. Facilities management is offered to public and private sectors, including defence, education, and healthcare. Solutions focus on social housing, decarbonisation, and energy efficiency. Partnerships are formed with government bodies, landlords, and investors to create funding and delivery models.

Mears Group's top competitors include HomeServe, Air Partner and OCS.

Mears Group offers Housing Maintenance, Housing with Care, Housing Management, Facilities Management, and Planned Maintenance.

Yes, Mears Group is publicly traded on LSE under the ticker symbol MER.

Mears Group has made 3 acquisitions, including IRT, Independent Living Services, and Morrison PLC.

The ticker symbol of Mears Group is MER on LSE.

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