Pareto FM has entered into a new investment partnership with Pictet which supplements early investment capital provided by NVM Private Equity.
Pareto supplies technical facilities management services to blue chip clients globally including Flutter, Deliveroo, London Zoo, King.com, Cross Country Trains and Amnesty International.
Founded in 2014, the company has won multiple awards for service delivery and its ESG centric approach to innovation with a core focus on customer advocacy across technical services.
David Richards, Pareto FM CEO, says: "With our new investment partner, Pareto is committed to expanding its portfolio of esteemed clients and creating more amazing opportunities for our team members.
The senior leadership team of Pareto are all as excited as I am as we embark on our next stage of growth.
"I would like to say a huge thank you to NVM for their investment, trust and guidance over the last 3 years.
Furthermore, I am happy to announce that Andrew Hulbert will remain in his role as Vice Chair with a continued focus on enhancing our service offering and serving as a valuable brand ambassador for Pareto.
Nine years ago we had the vision to create a technically led Facilities Management provider that would disrupt the market and be at the forefront of diversity and inclusion.
"Today, I am incredibly proud of what Pareto has achieved and am so excited for this next phase.
Dave Richards has transformed Pareto since joining and with his competence, professionalism, governance focus and technical expertise he will continue to lead an incredible business.
"I’d like to extend my thanks to NVM and extend a warm welcome to Pictet.
We look forward to changing the world together”.
