Wates acquires leading property services business, Liberty
We are excited to announce that we have completed the acquisition of property services business, Liberty from social housing provider, ForHousing.
- Some 1,100 people to join Wates, taking its employee base to a high of over 6,000
- Supports Wates’s expansion into the heating and compliance market, as well renewable energy services
As a specialist in domestic property repair and maintenance, as well as heating and compliance, Liberty will be joining our Property Services business.
We’ve been actively seeking a specialist property support business to expand and strengthen our existing expertise in the social housing sector, and extend our range of services into the areas of heating and compliance, as well as renewable energy services. In Liberty, we’ve found the strategic fit we were looking for, so I’m delighted to be able to make this announcement.”
David Morgan
Executive Managing Director, Wates Property Services
Most importantly, Wates and Liberty are both purpose-driven businesses. At Wates, we reimagine places for people to thrive, ensuring all our work brings positive benefit to people, places, and planet. We are pleased to be bringing together companies that share these values, as well as a successful track record in this sector. We look forward to welcoming our new colleagues as we take this exciting step into the future together.”
Eoghan O’Lionaird
Chief Executive Officer, Wates Group
By joining Wates, we enter the next stage of our growth and development. Our combined service provision brings a stronger offer to both existing and potential clients, especially in property and renewable energy decarbonisation; services to which Liberty and Wates are strongly connected. This new step forward will ensure continued high-quality services for Liberty’s current clients and their tenants, as well as an exciting future for Liberty and Wates and our people.”
Ray Jones
Group Managing Director, Liberty
Liberty will continue to trade under its own name as part of Wates Property Services, whilst also ensuring high-quality service delivery for its clients and their customers, covering property repairs, maintenance, heating and compliance services, as well as construction and decarbonisation projects.
