Property & Built Environment

Deep Expertise

The built environment is entering a period of structural change. Buildings are at the centre of major environmental, technological, and societal shifts: from decarbonisation and regulatory pressure to hybrid working, cost efficiency, and the adoption of data-led operations. At the same time, the sector remains highly fragmented, creating opportunities for regional champions, specialist platforms, and technology-enabled service providers to scale.

What differentiates the most attractive platforms is the ability to navigate these sector trends: improving sustainability performance, addressing workforce and productivity challenges, integrating technology into operations, and adapting to new patterns in how people live and work. Our work helps investors understand which models have the resilience and capability to grow in a sector undergoing long-term transformation.

What We Cover

Our Expertise

We help build conviction in businesses reshaping the built environment:

1

Facilities Management

Hard and soft FM models across commercial, residential, and public sectors
2

Advisory Services

Surveying, property management, cost consultancy, and data-driven advisory
3

Sector-Specific Software & Data

CAFM, BMS, BIM, workflow tools, cost management, analytics, and automation
4

Compliance-Driven Services

Fire safety, water, asbestos, M&E, H&S, and regulatory assurance
5

Energy & Net Zero

Retrofit solutions, energy efficiency, utilities procurement, and renewables
6

Building Products & Infrastructure

Smart systems, access control, IoT, lifts, and transport/infra services

Deal Spotlight

Pareto Facilities Management

Vendor Commercial Due Diligence for NVM's Exit to Pictet

Pareto is a fast-growing FM provider that has differentiated itself through a culture-led operating model, strong ESG credentials, and the ability to win and retain complex national accounts. During NVM’s ownership, the business tripled revenue and scaled its team to more than 500 people.

We supported NVM Private Equity and Pareto Facilities Management across two phases: first by helping management articulate a clear, data-backed equity story ahead of a sale process, and subsequently by delivering Vendor Commercial Due Diligence for the successful transaction with Pictet Alternative Advisors.

What we did

Our work combined strategic equity story development with rigorous sell-side diligence:

Equity Story Development

Shaped and structured the equity narrative, aligning management around the core drivers of value and embedding key themes across the business

Market Definition & Sizing

Quantified Pareto’s “sweetspot” addressable market, including segmentation, growth drivers, and current share

Customer Sentiment

Conducted extensive customer referencing to evidence satisfaction, retention, differentiation, and account expansion potential

Competitive Landscape

Mapped the competitive landscape, highlighting Pareto’s ability to outperform larger incumbents through agility, culture, and ESG-led delivery

Business Plan Validation

Assessed the feasibility of the business plan, validating near-term priorities and longer-term blue-sky opportunities

Buyer Engagement Support

Equipped potential buyers with investor-grade insights, helping to drive strong engagement and a highly competitive process

GCS provided essential support to us on this investment, delivering strategic market insights that helped to make the deal a success. The team were able to back up their logical findings with detailed research and thoughtful recommendations.

James and the team have a strong understanding of our business and the facilities management market and a great track record for delivering exceptional commercial work.”

Andrew Hulbert, Vice Chair & Founder, Pareto Facilities Management

Industry recognition

This transaction went on to win Large Deal of the Year at the Thames Valley Deal Awards 2024 and was shortlisted for UK Small-Cap Deal of the Year at the Real Deals Private Equity Awards 2024.