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{{Use dmy dates|date=April 2022}}
Introduction
{{Infobox company
Mitie Total Security is a comprehensive security solution that protects your home and business. It offers 24/7 monitoring, professional response to emergencies and access to an experienced team of experts who can help you with any issue.
| name = Mitie Group PLC
Mitie Total Security includes:Mitie Total Security includes:
| logo = Mitie logo.svg
| type = [[Public company|Public]]
| traded_as = {{ubl|{{lse|MTO}}|[[FTSE 250 Index|FTSE 250]] component}}
| key_people = Derek Mapp, [[Chair (official)|Chairman]] <br> [[Phil Bentley]], [[CEO]]
| industry = Facilities Management
| products =
| revenue = {{increase}} [[Pound sterling|£]]3,996.8 million (2022)<ref name=AR>{{cite web|url=https://www.mitie.com/wp-content/uploads/2022/06/Annual-Report-2022.pdf|title=Annual Report and Accounts 2022|publisher=Mitie|access-date=17 February 2023}}</ref>
| operating_income = {{increase}} [[Pound sterling|£]]166.9 million (2022)<ref name=AR/>
| net_income ={{increase}} [[Pound sterling|£]]50.7 million (2022)<ref name=AR/>
| num_employees = 68,000 (2023)<ref>{{cite web|url=https://www.mitie.com/about-mitie/|title=About us|publisher=Mitie|access-date=17 February 2023}}</ref>
| parent =
| subsid =
| footnotes =
| foundation = 1987
| location = [[London]], United Kingdom
| homepage = [http://www.mitie.com www.mitie.com/]
}}


'''Mitie Group PLC''' (pronounced "mighty") is a British strategic [[outsourcing]] and energy services company. It provides infrastructure consultancy, facilities management, [[property management]], energy and healthcare services. It has a head office at [[The Shard]] in [[London]] and more than 200 smaller offices throughout the [[United Kingdom]] and [[Ireland]]. It is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].
Monitoring of all alarm systems in your property, including CCTV cameras and intruder alarms


==History==
A team of fully trained engineers who will respond when you need them most - day or night
Mitie was founded by [[David Telling]] and Ian Stewart as ''MESL'' in 1987.<ref name=history>[http://www.mitie.co.uk/file.axd?pointerid=370f8e8d530b4094a014369ff0f465be&versionid=40bb2167b502434fbcc12c0aed5abc94 MITIE: History]{{Dead link|date=April 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> It was first listed on the [[London Stock Exchange]] in 1988.<ref name=history/> It merged with ''Highgate & Job'' in 1989 and was renamed the ''Mitie Group''.<ref>[https://web.archive.org/web/20101126132846/http://www.independent.co.uk/news/business/news/david-telling-the-high-and-the-mitie-688278.html David Telling: The High and MITIE] The Independent, 21 March 2001</ref>


Its strategy of growth through acquisition has seen Mitie acquire several businesses over the past few years. In March 2006 it acquired Initial Security, a leading [[security]] business.<ref>{{cite web|url=http://www.ukbusinesspark.co.uk/mitieaaa.htm|title=UK Business Park - B2B Sales Leads & Company News|work=ukbusinesspark.co.uk|access-date=31 March 2015|archive-url=https://web.archive.org/web/20140303154214/http://www.ukbusinesspark.co.uk/mitieaaa.htm|archive-date=3 March 2014|url-status=dead}}</ref> In 2007 Mitie acquired Robert Prettie & Co. Ltd for £32.7m and incorporated the specialist plumbing, heating and mechanical services business into their Property Services division.<ref>{{cite web|url=http://www.lse.co.uk/ShareNews.asp?shareprice=MTO&ArticleCode=sbi17alecxefbhf&ArticleHeadline=Mitie_Group_buys_Robert_Prettie__Co_for_86327_mln_stg_plus_debt|title=Mitie Group buys Robert Prettie & Co for 8.6-32.7 mln stg plus debt|date=2 April 2007|publisher=AFX News|access-date=20 June 2018}}</ref> In 2008 Mitie continued its strategy through the acquisition of Catering Partnership<ref>{{cite web|url=https://www.constructionnews.co.uk/archive/mitie-confident-despite-softer-economy-27-03-2008/|title=Mitie confident despite softer economy|work=Construction News|access-date=31 March 2015}}</ref> and DW Tilley. The purchase of DW Tilley allowed Mitie to extend their roofing services nationwide.<ref>{{cite web|url=http://www.nebusiness.co.uk/business-news/latest-business-news/journal-business-news/2008/07/03/small-mid-size-company-deal-of-the-year-51140-21218762/|title=Small/mid-size Company Deal of the Year|author=journallive Administrator|date=2 July 2008|work=journallive|access-date=31 March 2015}}</ref> 2009 saw the acquisition of Dalkia Facilities Management for £130m<ref>{{cite web|url=http://www.proactiveinvestors.co.uk/companies/news/7232/mitie-to-buy-uk-arm-of-dalkia-for-130-mln-to-raise-40-mln-via-placing-7232.html|title=MITIE to buy UK arm of Dalkia for £130 mln, to raise £40 mln via placing|work=Proactiveinvestors UK|access-date=31 March 2015}}</ref> to bolster its Technical Facilities Management capability, and an expansion into [[social housing]] with the purchase of Environmental Property Services (EPS) for £38.5m.<ref>{{cite web|url=http://www.building.co.uk/mitie-buys-environmental-property-services-for-%C2%A3385m/3153784.article|title=Mitie buys Environmental Property Services for £38.5m|work=Building|access-date=31 March 2015}}</ref> In 2010, Mitie acquired the integrated facilities management business of Dalkia in Ireland.<ref>{{cite web|url=http://www.fm-world.co.uk/news/business-news/mitie-acquires-irish-fm-businesses-from-dalkia/|title=Mitie acquires Irish FM businesses from Dalkia|work=fm-world.co.uk|access-date=31 March 2015}}</ref>
Access to an expert team who are on hand for advice on how best to protect your home or business


Mitie made its first acquisition in the health and social care sector in October 2012, when it spent £111 million on homecare firm Enara.<ref>{{cite news| url=http://uk.reuters.com/article/us-mitie-idUKBRE8980DH20121009| title=Mitie moves into home care with Enara buy | author=Neil Maidment | publisher=Reuters | date=9 October 2012|access-date=31 March 2015}}</ref> In April 2013 Mitie's chief executive, [[Ruby McGregor-Smith, Baroness McGregor-Smith|Ruby McGregor-Smith]], was made non-executive director to the board of the [[Department for Culture, Media and Sport]].<ref>{{cite web|url=https://www.gov.uk/government/news/new-non-executive-directors-appointed-to-the-dcms-board|title=New non-executive directors appointed to the DCMS board|work=www.gov.uk|access-date=18 September 2015}}</ref> In February 2014, Mitie introduced its new visual identity.<ref>{{cite web|url=http://www.fm-world.co.uk/news/business-news/mitie-unveils-a-new-brand-logo/|title=Mitie unveils a new brand logo|work=fm-world.co.uk|access-date=31 March 2015}}</ref>
Enhanced Protection


Mitie cleaners at the [[Royal Opera House]], the [[Palace of Westminster|Houses of Parliament]], the law firm [[Clifford Chance]], [[Great Western Railway (train operating company)|First Great Western]] train services, and NHS hospitals have all held demonstrations against low pay between 2013 and 2015.<ref name="ft.com"/><ref>{{cite web|url=http://www.ibtimes.co.uk/fairness-uk-inequality-working-pay-502372|title=Migrant Cleaners Protest Against Conditions at Top Law Firm Clifford Chance|author=Dominic Gover|work=International Business Times UK|access-date=9 April 2016}}</ref><ref>{{cite web|url=http://www.morningstaronline.co.uk/a-f700-Mitie-cleaners-occupy-First-Great-Western-HQ#.VwkgHEf1KVA|title=Morning Star :: Mitie cleaners occupy First Great Western HQ - The Peoples Daily|access-date=9 April 2016}}</ref>
Enhanced Protection
Mitie Total Security offers multi-layered security, automated threat detection and 24/7 monitoring. Our experts are dedicated to protecting your business from cybercrime by using the latest technology to monitor your network 24 hours a day. We'll also alert you if there is suspicious activity on your computer or network so that you can take action before it becomes a problem for your business.Cost-Effective Security Solutions


In February 2014 Mitie announced an eight-year contract with the [[Home Office]], making it the largest provider of immigration removal centres in the United Kingdom.<ref>{{cite web|url=http://www.mitie.com/news-centre/regulatory_announcements/2014/1898898|title=Mitie awarded £180m contract with the Home Office|access-date=9 April 2016}}</ref><ref name="ft.com">{{cite web|url=https://next.ft.com/content/f70e23c0-65c4-11e5-9846-de406ccb37f2|title=Ruby McGregor-Smith, Mitie CEO: Outsourcing's prickly peer|work=Financial Times|access-date=9 April 2016}}</ref>
Cost-effective security solutions are available to you and your business. Mitie Total Security provides you with a range of affordable and scalable solutions that can be tailored to your needs.


The firm secured a cleaning contract with [[Royal Cornwall Hospitals NHS Trust]] in June 2014 worth £90m over seven years. Sick pay cost £1.2m in its first eight months, compared with £280,000 for the NHS in the previous financial year. [[UNISON]] blamed the rise on staff stress, which it claimed had been caused by mistakes on pay.<ref>{{cite news|title=Sick pay costs rise for Cornwall NHS hospitals private cleaners Mitie|url=https://www.bbc.co.uk/news/uk-england-cornwall-33237665|access-date=25 June 2015|publisher=BBC News|date=24 June 2015}}</ref> The firm admitted in November 2014 that its homecare business was less profitable than expected, and that it was struggling to recruit and retain sufficient numbers of care workers.<ref>{{cite news|title=NHS trust financing woes expected to boost private sector openings|url=http://www.ft.com/cms/s/0/77d7fc00-73c3-11e4-92bc-00144feabdc0.html?ftcamp=crm/email/20141125/nbe/CompaniesBySector/product&siteedition=uk#axzz3K4cfG7uj|access-date=25 November 2014|publisher=Financial Times|date=24 November 2014}}</ref>
Affordable Solutions - You'll have access to a wide range of cost-effective options, including monthly contracts and pay-as-you go plans.


In March 2016 Mitie came under fire for its management of the immigration centres after the prison inspectorate said the facilities were “dirty”, “rundown” and “insanitary”.<ref>{{cite web|url=https://next.ft.com/content/a6d3dd74-df03-11e5-b67f-a61732c1d025|title=Mitie criticised for 'insanitary' immigration centre|work=Financial Times|access-date=9 April 2016}}</ref>
Scalable Solutions - You can scale up or down as needed, depending on the size of your premises or workforce at any given time.


In 2016 shares in Mitie fell to a four-year low after the company warned that an expected boom in outsourced services wasn’t happening. In 2015 and 2016 it was reported that Mitie was one of the most shorted stocks in the FTSE 250.<ref>{{cite web|url=http://www.thetimes.co.uk/tto/business/markets/article4440771.ece|title=Analyst twists the knife as Mitie feels heat on pay|work=The Times|access-date=9 April 2016}}</ref><ref>{{cite web|url=http://www.thetimes.co.uk/tto/business/industries/supportservices/article4721123.ece|title='Prickly peer' Baroness McGregor-Smith smoothes over Mitie's problems|work=The Times|access-date=9 April 2016}}</ref> McGregor-Smith announced in November 2016 that it was withdrawing from the healthcare business, providing home care for the elderly, because spending cuts and rising employment costs had made it unviable.<ref>{{cite news|title=Mitie withdraws from healthcare as it issues second profit warning|url=https://www.theguardian.com/business/2016/nov/21/mitie-withdraws-healthcare-second-profit-warning-shares|access-date=15 December 2016|publisher=Guardian|date=21 November 2016}}</ref>
Flexible Payment Options - We offer flexible payment terms so that you can choose an option that works for you; whether this means paying upfront for an annual contract or making monthly payments over several months, we'll work with our customers to find a solution that suits them best!


In November 2017 the [[Financial Reporting Council]] (FRC) announced an investigation into the financial statements for the year ended 31 March 2016. This led to the disclosure in the Annual Report for 2017 that there had been errors in the impairment testing of healthcare goodwill and that, if certain judgements had instead been treated as errors, the amount of the prior year adjustment disclosed in the 2016 results would have increased by £44.0 million. This disclosure had addressed the FRC's concerns.<ref>{{cite web|url=https://www.frc.org.uk/news/november-2017/frc-announcements-in-connection-with-mitie-group-p|title=FRC announcements in connection with Mitie Group plc's 2016 annual report and accounts|date=20 November 2017|publisher=Financial Reporting Council}}</ref>
Reduced Risk of Cyber Attacks


In December 2017, following a string of three profit warnings in the space of four months,<ref>{{Cite web|url=https://www.ft.com/content/ac05244a-dd60-11e6-86ac-f253db7791c6|title=Mitie hit by third profit warning in 4 months|website=www.ft.com|access-date=13 May 2020}}</ref> McGregor-Smith stepped down from her role with the outsourcing group, and was replaced by former managing director of [[British Gas]] and current Chief Executive [[Phil Bentley]].<ref>{{Cite web|url=https://www.ft.com/content/057abb3c-8eb2-11e6-a72e-b428cb934b78|title=Ruby McGregor-Smith quits as boss of Mitie|website=www.ft.com|access-date=13 May 2020}}</ref>
Reduced Risk of Cyber Attacks


In June 2020, Mitie announced it was to buy [[Interserve]]'s 40,000-strong facilities management business in a cash and shares deal worth £271m, later revised downwards to £190m. The deal had to be ratified by Mitie's shareholders<ref name="Morby-25Jun2020">{{cite news |last1=Morby |first1=Aaron |title=Mitie to buy Interserve FM business for £271m |url=https://www.constructionenquirer.com/2020/06/25/mitie-to-buy-interserve-fm-business-for-271m/ |access-date=25 June 2020 |work=Construction Enquirer |date=25 June 2020}}</ref> and was completed on 1 December 2020.<ref name="ifm-01Dec2020">{{cite news |title=Mitie seals Interserve deal |url=https://www.i-fm.net/news/Mitie-seals-Interserve-deal |access-date=1 December 2020 |work=i-fm.net |date=1 December 2020}}</ref>
Protection Against Known and Unknown Threats


In January 2021, the firm ran into criticism over the management of a Covid-19 testing site it was contracted to run in Inverness, after several workers contracted the virus.<ref>{{Cite web|title=Mitie workers claim 'failures' led to Covid 19 outbreak|url=https://theferret.scot/mitie-workers-claim-failures-led-to-covid-outbreak/|access-date=2021-03-13|website=theferret.scot|language=en-GB}}</ref>
Automated Response to Attacks
Mitie Total Security helps you protect against known and unknown threats, including:


During the COVID pandemic, Mitie added a wide range of services, including running Covid-19 testing sites, cleaning offices and major transport services, and providing security for new quarantine hotels.<ref>{{Cite news|last=Reporter|first=Times Business|title=Covid contracts help Mitie revenues double to £930m|newspaper=[[The Times]] |language=en|url=https://www.thetimes.co.uk/article/covid-contracts-help-mitie-revenues-double-to-930m-wg02lsb9h|access-date=2021-12-02|issn=0140-0460}}</ref> The firm continued to work with Government departments such as the [[National Health Service]], [[Department for Work and Pensions]], the [[Ministry of Defence (United Kingdom)|Ministry of Defence]], and education providers.<ref>{{Cite web|date=2021-09-24|title=Mitie ups guidance as it counts benefit from Covid contracts|url=https://www.independent.co.uk/business/mitie-ups-guidance-as-it-counts-benefit-from-covid-contracts-b1926118.html |archive-url=https://ghostarchive.org/archive/20220515/https://www.independent.co.uk/business/mitie-ups-guidance-as-it-counts-benefit-from-covid-contracts-b1926118.html |archive-date=15 May 2022 |url-access=subscription |url-status=live|access-date=2021-12-02|website=The Independent|language=en}}</ref>
Malicious software (malware) that can infect your computer or mobile device. Phishing scams that try to trick you into sharing sensitive information. Ransomware, which holds files hostage until a ransom is paid in bitcoin or other cryptocurrency.


==Operations==
Data Security and Privacy
[[File:Mitie bus stop maintenance van.JPG|thumb|240px|A Mitie maintenance van]]
Mitie stands for '''Management Incentive Through Investment Equity'''. Mitie's business model was originally about taking 51% [[Ownership equity|equity]] stakes in [[startup company|startup businesses]] that fell into its broad fields of activity. The management of the new business typically invested the remaining capital, and if targets were met it was able to sell the balance of the business to Mitie after a fixed period for a sum based on the profits achieved (an [[earn out]]). Payment was made in a mixture of cash and Mitie shares. The managers usually remained with Mitie after the [[earnout]].<ref>{{cite web|url=http://business.timesonline.co.uk/tol/business/industry_sectors/support_services/article1321021.ece|title=Mighty job ahead for new boss at MITIE|work=timesonline.co.uk|access-date=31 March 2015}}</ref>


Mitie is now split into: Facilities Management, Property Management, Energy Solutions and Healthcare.<ref>{{cite web|url=http://www.mitie.com/about-us/at-a-glance|title=At A Glance - Mitie|work=mitie.com|access-date=31 March 2015}}</ref>
Our data security and privacy services ensure that your sensitive information is kept safe. We have the expertise to ensure compliance with regulations, such as GDPR and ISO27001. Our experts can also help you to develop a robust data protection policy that meets your needs, whether you're looking for advice on how best to store or dispose of documents securely or need an audit report on how well your current processes are working.
With Mitie Total Security, you'll have peace of mind knowing that all of your sensitive data will be protected from both internal and external threats.


==Controversy==
User-Friendly Security Solutions
In February 2022, The Sunday Mirror revealed a Mitie [[WhatsApp]] group relating to immigration management paid by the [[Home Office]] that exchanged racist and offensive messages amongst colleagues since March 2020.<ref>{{Cite web|date=2022-02-20|title=Home Office probes immigration contractor Mitie over racist text claims|url=https://www.bbc.co.uk/news/uk-60455935|access-date=2022-02-20|website=BBC|language=en}}</ref>


==References==
Intuitive Dashboard
{{reflist|30em}}


==External links==
Easy-to-Use Tools
*{{Official website|http://www.mitie.com}}


{{Construction industry in the United Kingdom}}
Training and Support
{{FTSE 250 Index constituents}}
{{Authority control}}


[[Category:Business services companies of the United Kingdom]]
Integration with Other Security Solutions
[[Category:Outsourcing companies]]

[[Category:Companies listed on the London Stock Exchange]]
Seamless Integration
[[Category:Construction and civil engineering companies of the United Kingdom]]
Mitie Total Security is designed to integrate seamlessly with other security solutions, including access control, CCTV and fire alarm systems. This means that you can ensure your business has comprehensive security across all areas of the business.
[[Category:British companies established in 1987]]

[[Category:Companies based in Bristol]]
Improved Efficiency
[[Category:Private providers of NHS services]]
By integrating our systems with those of other providers, we can help you reduce costs by reducing false alarms or unnecessary calls for service. Our team will also be able to monitor your existing CCTV cameras in real time using our online portal - which means that if something does go wrong it's easy for us to spot it and fix it before any damage is done!Conclusion<pre></pre>
[[Category:Construction and civil engineering companies established in 1987]]

[[Category:Business services companies established in 1987]]
Mitie Total Security is a smart choice for businesses, especially those that are looking for a comprehensive security solution. It provides you with the protection of an onsite team and access to remote monitoring services that allow you to keep an eye on your property from anywhere in the world.
Mitie Total Security can also help reduce costs by eliminating the need for additional equipment or software because it offers everything in one package at a reasonable price. If you're looking for peace of mind when it comes to protecting your business and its assets, Mitie Total Security is definitely worth considering.#REDIRECT [[]]

Revision as of 23:54, 19 March 2023

Mitie Group PLC
Company typePublic
IndustryFacilities Management
Founded1987
HeadquartersLondon, United Kingdom
Key people
Derek Mapp, Chairman
Phil Bentley, CEO
RevenueIncrease £3,996.8 million (2022)[1]
Increase £166.9 million (2022)[1]
Increase £50.7 million (2022)[1]
Number of employees
68,000 (2023)[2]
Websitewww.mitie.com/

Mitie Group PLC (pronounced "mighty") is a British strategic outsourcing and energy services company. It provides infrastructure consultancy, facilities management, property management, energy and healthcare services. It has a head office at The Shard in London and more than 200 smaller offices throughout the United Kingdom and Ireland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

Mitie was founded by David Telling and Ian Stewart as MESL in 1987.[3] It was first listed on the London Stock Exchange in 1988.[3] It merged with Highgate & Job in 1989 and was renamed the Mitie Group.[4]

Its strategy of growth through acquisition has seen Mitie acquire several businesses over the past few years. In March 2006 it acquired Initial Security, a leading security business.[5] In 2007 Mitie acquired Robert Prettie & Co. Ltd for £32.7m and incorporated the specialist plumbing, heating and mechanical services business into their Property Services division.[6] In 2008 Mitie continued its strategy through the acquisition of Catering Partnership[7] and DW Tilley. The purchase of DW Tilley allowed Mitie to extend their roofing services nationwide.[8] 2009 saw the acquisition of Dalkia Facilities Management for £130m[9] to bolster its Technical Facilities Management capability, and an expansion into social housing with the purchase of Environmental Property Services (EPS) for £38.5m.[10] In 2010, Mitie acquired the integrated facilities management business of Dalkia in Ireland.[11]

Mitie made its first acquisition in the health and social care sector in October 2012, when it spent £111 million on homecare firm Enara.[12] In April 2013 Mitie's chief executive, Ruby McGregor-Smith, was made non-executive director to the board of the Department for Culture, Media and Sport.[13] In February 2014, Mitie introduced its new visual identity.[14]

Mitie cleaners at the Royal Opera House, the Houses of Parliament, the law firm Clifford Chance, First Great Western train services, and NHS hospitals have all held demonstrations against low pay between 2013 and 2015.[15][16][17]

In February 2014 Mitie announced an eight-year contract with the Home Office, making it the largest provider of immigration removal centres in the United Kingdom.[18][15]

The firm secured a cleaning contract with Royal Cornwall Hospitals NHS Trust in June 2014 worth £90m over seven years. Sick pay cost £1.2m in its first eight months, compared with £280,000 for the NHS in the previous financial year. UNISON blamed the rise on staff stress, which it claimed had been caused by mistakes on pay.[19] The firm admitted in November 2014 that its homecare business was less profitable than expected, and that it was struggling to recruit and retain sufficient numbers of care workers.[20]

In March 2016 Mitie came under fire for its management of the immigration centres after the prison inspectorate said the facilities were “dirty”, “rundown” and “insanitary”.[21]

In 2016 shares in Mitie fell to a four-year low after the company warned that an expected boom in outsourced services wasn’t happening. In 2015 and 2016 it was reported that Mitie was one of the most shorted stocks in the FTSE 250.[22][23] McGregor-Smith announced in November 2016 that it was withdrawing from the healthcare business, providing home care for the elderly, because spending cuts and rising employment costs had made it unviable.[24]

In November 2017 the Financial Reporting Council (FRC) announced an investigation into the financial statements for the year ended 31 March 2016. This led to the disclosure in the Annual Report for 2017 that there had been errors in the impairment testing of healthcare goodwill and that, if certain judgements had instead been treated as errors, the amount of the prior year adjustment disclosed in the 2016 results would have increased by £44.0 million. This disclosure had addressed the FRC's concerns.[25]

In December 2017, following a string of three profit warnings in the space of four months,[26] McGregor-Smith stepped down from her role with the outsourcing group, and was replaced by former managing director of British Gas and current Chief Executive Phil Bentley.[27]

In June 2020, Mitie announced it was to buy Interserve's 40,000-strong facilities management business in a cash and shares deal worth £271m, later revised downwards to £190m. The deal had to be ratified by Mitie's shareholders[28] and was completed on 1 December 2020.[29]

In January 2021, the firm ran into criticism over the management of a Covid-19 testing site it was contracted to run in Inverness, after several workers contracted the virus.[30]

During the COVID pandemic, Mitie added a wide range of services, including running Covid-19 testing sites, cleaning offices and major transport services, and providing security for new quarantine hotels.[31] The firm continued to work with Government departments such as the National Health Service, Department for Work and Pensions, the Ministry of Defence, and education providers.[32]

Operations

A Mitie maintenance van

Mitie stands for Management Incentive Through Investment Equity. Mitie's business model was originally about taking 51% equity stakes in startup businesses that fell into its broad fields of activity. The management of the new business typically invested the remaining capital, and if targets were met it was able to sell the balance of the business to Mitie after a fixed period for a sum based on the profits achieved (an earn out). Payment was made in a mixture of cash and Mitie shares. The managers usually remained with Mitie after the earnout.[33]

Mitie is now split into: Facilities Management, Property Management, Energy Solutions and Healthcare.[34]

Controversy

In February 2022, The Sunday Mirror revealed a Mitie WhatsApp group relating to immigration management paid by the Home Office that exchanged racist and offensive messages amongst colleagues since March 2020.[35]

References

  1. ^ a b c "Annual Report and Accounts 2022" (PDF). Mitie. Retrieved 17 February 2023.
  2. ^ "About us". Mitie. Retrieved 17 February 2023.
  3. ^ a b MITIE: History[permanent dead link]
  4. ^ David Telling: The High and MITIE The Independent, 21 March 2001
  5. ^ "UK Business Park - B2B Sales Leads & Company News". ukbusinesspark.co.uk. Archived from the original on 3 March 2014. Retrieved 31 March 2015.
  6. ^ "Mitie Group buys Robert Prettie & Co for 8.6-32.7 mln stg plus debt". AFX News. 2 April 2007. Retrieved 20 June 2018.
  7. ^ "Mitie confident despite softer economy". Construction News. Retrieved 31 March 2015.
  8. ^ journallive Administrator (2 July 2008). "Small/mid-size Company Deal of the Year". journallive. Retrieved 31 March 2015.
  9. ^ "MITIE to buy UK arm of Dalkia for £130 mln, to raise £40 mln via placing". Proactiveinvestors UK. Retrieved 31 March 2015.
  10. ^ "Mitie buys Environmental Property Services for £38.5m". Building. Retrieved 31 March 2015.
  11. ^ "Mitie acquires Irish FM businesses from Dalkia". fm-world.co.uk. Retrieved 31 March 2015.
  12. ^ Neil Maidment (9 October 2012). "Mitie moves into home care with Enara buy". Reuters. Retrieved 31 March 2015.
  13. ^ "New non-executive directors appointed to the DCMS board". www.gov.uk. Retrieved 18 September 2015.
  14. ^ "Mitie unveils a new brand logo". fm-world.co.uk. Retrieved 31 March 2015.
  15. ^ a b "Ruby McGregor-Smith, Mitie CEO: Outsourcing's prickly peer". Financial Times. Retrieved 9 April 2016.
  16. ^ Dominic Gover. "Migrant Cleaners Protest Against Conditions at Top Law Firm Clifford Chance". International Business Times UK. Retrieved 9 April 2016.
  17. ^ "Morning Star :: Mitie cleaners occupy First Great Western HQ - The Peoples Daily". Retrieved 9 April 2016.
  18. ^ "Mitie awarded £180m contract with the Home Office". Retrieved 9 April 2016.
  19. ^ "Sick pay costs rise for Cornwall NHS hospitals private cleaners Mitie". BBC News. 24 June 2015. Retrieved 25 June 2015.
  20. ^ "NHS trust financing woes expected to boost private sector openings". Financial Times. 24 November 2014. Retrieved 25 November 2014.
  21. ^ "Mitie criticised for 'insanitary' immigration centre". Financial Times. Retrieved 9 April 2016.
  22. ^ "Analyst twists the knife as Mitie feels heat on pay". The Times. Retrieved 9 April 2016.
  23. ^ "'Prickly peer' Baroness McGregor-Smith smoothes over Mitie's problems". The Times. Retrieved 9 April 2016.
  24. ^ "Mitie withdraws from healthcare as it issues second profit warning". Guardian. 21 November 2016. Retrieved 15 December 2016.
  25. ^ "FRC announcements in connection with Mitie Group plc's 2016 annual report and accounts". Financial Reporting Council. 20 November 2017.
  26. ^ "Mitie hit by third profit warning in 4 months". www.ft.com. Retrieved 13 May 2020.
  27. ^ "Ruby McGregor-Smith quits as boss of Mitie". www.ft.com. Retrieved 13 May 2020.
  28. ^ Morby, Aaron (25 June 2020). "Mitie to buy Interserve FM business for £271m". Construction Enquirer. Retrieved 25 June 2020.
  29. ^ "Mitie seals Interserve deal". i-fm.net. 1 December 2020. Retrieved 1 December 2020.
  30. ^ "Mitie workers claim 'failures' led to Covid 19 outbreak". theferret.scot. Retrieved 13 March 2021.
  31. ^ Reporter, Times Business. "Covid contracts help Mitie revenues double to £930m". The Times. ISSN 0140-0460. Retrieved 2 December 2021. {{cite news}}: |first= has generic name (help)
  32. ^ "Mitie ups guidance as it counts benefit from Covid contracts". The Independent. 24 September 2021. Archived from the original on 15 May 2022. Retrieved 2 December 2021.
  33. ^ "Mighty job ahead for new boss at MITIE". timesonline.co.uk. Retrieved 31 March 2015.
  34. ^ "At A Glance - Mitie". mitie.com. Retrieved 31 March 2015.
  35. ^ "Home Office probes immigration contractor Mitie over racist text claims". BBC. 20 February 2022. Retrieved 20 February 2022.

External links

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