Mitie

London, United Kingdom Founded: 1987 • Age: 39 yrs
Facilities management, consulting, and engineering services are provided globally.
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About Mitie

Mitie is a company based in London (United Kingdom) founded in 1987. It operates as a Managed Services, and Professional Services. The company has 65,360 employees as of March 31, 2024. Mitie has completed 19 acquisitions, including 8point8 Support, Argus Fire and Biservicus. Mitie offers products and services including Integrated Facilities Management, Cleaning and Hygiene, Engineering Maintenance, Security and Intelligence, and Decarbonisation and Energy. Mitie operates in a competitive market with competitors including HomeServe, CBRE, Clearway, OCS and Mears Group, among others.

  • Headquarter London, United Kingdom
  • Employees 65360 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mitie Group Plc
Operational Areas
Business Services → Professional & Consulting Services
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
    $6.36 B (USD)
    14.34
    as on Mar 31, 2024
  • Net Profit
    $127.05 M (USD)
    -19.71
    as on Mar 31, 2024
  • EBITDA
    $372.75 M (USD)
    22.63
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    65360

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Mitie

Mitie is a publicly listed company on the LSE with ticker symbol MTO in UK, operating in the Commercial services 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: MTO . Sector: Commercial services · UK

Products & Services of Mitie

Mitie offers a comprehensive portfolio of products and services, including Integrated Facilities Management, Cleaning and Hygiene, Engineering Maintenance, Security and Intelligence, and Decarbonisation and Energy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Facilities are managed with integrated, innovative, data-driven solutions.

Cleaning efficiency is enhanced using real-time data automation.

Maintenance services are provided with AI and data insights.

Security risks are mitigated with real-time intelligence technologies.

Energy strategies are developed for net zero sustainability goals.

People of Mitie
Headcount 10000+
Employee Profiles 525
Board Members and Advisors 8
Employee Profiles
People
Liane Thornton
Human Resources Manager
People
Francis Woods
Regional Manager
People
Andrew Tiplady
Head Of UAV
People
Stephen Swanborough
Customer Experience Manager

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Board Members and Advisors
people
Jennifer Duvalier
Independent Non-Executive Director
people
Roger Yates
Senior Independent Director
people
Philippa Couttie
Independent Non-Executive Director
people
Mary Reilly
Independent Non-Executive Director

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Funding Insights of Mitie

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Mitie

Mitie has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include 8point8 Support, Argus Fire and Biservicus. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Compliance support and risk management services are provided.
2015
Power transmission-based energy projects are developed and managed.
2012
Business support services are offered to telecommunication and broadcast sectors.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Mitie

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mitie Comparisons

Employees
+
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Competitors of Mitie

Mitie 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 HomeServe, CBRE, Clearway, OCS and Mears Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Home emergency insurance and repair services are provided to customers.
domain founded_year HQ Location
Property management, brokerage, and asset services are provided globally.
domain founded_year HQ Location
Provider of property management, temporary CCTV installations and alarm response monitoring
domain founded_year HQ Location
Facilities management services are provided by OCS since 1900.
domain founded_year HQ Location
Housing and care services are provided across the UK.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mitie

REG - MITIE Group PLC - Transaction in Own Shares
London Stock Exchange1 day ago
REG - MITIE Group PLC - Transaction in Own Shares
London Stock Exchange7 days ago
REG - MITIE Group PLC - Director/PDMR Shareholding
London Stock Exchange8 days ago

Frequently Asked Questions about Mitie

When was Mitie founded?

Mitie was founded in 1987.

Where is Mitie located?

Mitie is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Mitie?

Phil Bentley is the current CEO of Mitie.

How many employees does Mitie have?

As of Mar 31, 2024, the latest employee count at Mitie is 65,360.

What is the annual revenue of Mitie?

Annual revenue of Mitie is $6.36B as on Mar 31, 2024.

What does Mitie do?

Mitie is established as the UKs leading facilities management and transformation company, offering integrated services across various sectors. Services are provided in facilities management, cleaning, engineering maintenance, security, and energy solutions. Operations are focused on creating high-performing, sustainable workplaces for public and private sector clients. Expertise is applied in industries such as financial services, manufacturing, retail, transport, and government environments. Innovative technologies, including AI and data analytics, are utilized to enhance service delivery and efficiency. Social value is prioritized through initiatives aimed at uplifting communities.

Who are the top competitors of Mitie?

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

What products or services does Mitie offer?

Mitie offers Integrated Facilities Management, Cleaning and Hygiene, Engineering Maintenance, Security and Intelligence, and Decarbonisation and Energy.

Is Mitie publicly traded?

Yes, Mitie is publicly traded on LSE under the ticker symbol MTO.

How many acquisitions has Mitie made?

Mitie has made 19 acquisitions, including 8point8 Support, Argus Fire, and Biservicus.

What is Mitie's ticker symbol?

The ticker symbol of Mitie is MTO on LSE.

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