Approved · Waiver · decided in 26 days, 9 Sept 2026
US private equity fund adviser Veritas Capital Fund Management, through Naples Bidco Limited, proposes to indirectly acquire control of the BGIS Group (BIFM Jersey Topco Limited). The BGIS Group provides global integrated facilities management services for large-scale built environments. This is a share acquisition.
Funds managed (directly or indirectly) by Veritas Capital Fund Management, L.L.C. ( Veritas ), through Naples Bidco Limited, propose to indirectly acquire control of BIFM Jersey Topco Limited and its subsidiaries (the BGIS Group ) (the Acquisition ). Veritas is a private equity fund adviser incorporated and based in the United States. It invests in companies that provide products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. The BGIS Group is headquartered in Ontario, Canada, and is a global provider of integrated facilities management services, offering end-to-end outsourced facility management, engineering, and advisory services to commercial and government customers. This involves managing the day-to-day operations, maintenance, and sustainability of large-scale built environments, including complex infrastructure, such as data centres, hospitals and high-security government facilities.