NuGen Properties

Mitie acquires M&E contractor

Mitie acquires M&E contractor

Based in Stevenage, JCA has 20 years of experience in delivering complex mechanical and electrical works, specialising in consulting, design, build and maintenance, with a particular focus on critical environments such as data centres, life sciences and healthcare sectors. 

JCA also holds design patents for cooling systems in data centres.

Mitie said that the acquisition enhance its own “growing projects capabilities as a principal contractor to its clients”. 

JCA turned over £71.8m in 2022(17% up on 2021) and delivered EBITDA of £5.1m.

Mitie has agreed to pay an initial £21m and deferred payments of up to £10.5m over three years, linked to performance.

Mitie chief executive Phil Bentley said: “The acquisition of JCA Engineering follows the group’s strategy to invest in high growth, high margin companies, enhancing our projects capabilities in the growth areas of energy efficiency, office fitouts and critical environments.”  

Ian Hodges-Jackson, founder and chairman of JCA Engineering, said: “I am proud of my team and the capabilities we have built at JCA Engineering over the past 20 years, alongside our reputation for delivering as principal contractor in critical environments. Given Mitie’s access to a wide range of clients and its ability to finance faster growth, I’m very excited about the next phase of JCA Engineering’s development.”

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Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

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