SouthBridge Europe Mezzanine SCA SICAR announces its investment in Manifest Services, a fast growing company providing a full range of facility management solutions to enterprises and organizations in Greece. The investment will support Manifest to expand business and accelerate growth.
Manifest (www.manifest.gr) has an expanding top-tier client base, across all sectors of the Greek economy, providing a full set of facility management services including, cleaning services, maintenance of E/M Installations, security services, sanitary applications, catering, renovation projects, green projects, waste management and consumables management. Demand for facility management services is growing as a result of an increasing trend to outsource such services in an effort to reduce costs and improve quality.
SouthBridge Europe Mezzanine (www.southbridge–partners.com) is a €50m investment fund that supports Lower-Mid market companies in Greece and the region to achieve sustainable growth and long-term value. SouthBridge is backed by prime private and institutional investors such as the European Investment Fund (EIF). SouthBridge seeks to support proven management teams and invest in attractive investee companies to finance organic growth, expansion in new products/markets, and/or acquisition of complementary businesses that can provide an additional opportunity to improve competitiveness.