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29/11/2023

Clarke Facades Secures £57m Of New Contracts In 2023

Clarke Facades has announced that its secured £57 million of new contracts in the 12 months since BGF invested in the business.

The new contracts for the Ballymena based business are located across the UK and Ireland.

The family-owned business was founded in 1996 and specialises in innovative design-led façade projects, providing an end-to-end service from pre-construction to project handover to blue-chip construction industry clients including Morgan Sindall, John Sisk, Berkeley Group and Balfour Beatty.

The company provides bespoke offsite architectural services, rain-screen cladding, external envelope, unitised façade, glazing and lightweight steel framing.

BGF backed Clarke with a £5m investment in November 2022. Since receiving the investment, the company has experienced a material increase on the previous year, which puts it on course to grow revenue to close to £50m in 2023, up from £30m in 2022.

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Eugene Clarke, CEO at Clarke Facades, said: "We are pleased that the business has gone from strength to strength over the past year and we are thankful for both the investment support and expertise which BGF has provided.

"This year we have been able to further develop our strong portfolio of projects for Tier 1 clients, delivering large-scale construction projects right across the UK and Ireland. Clarke now employs over 130 people and in the past year have seen our team achieve new milestones, such as winning one of our largest contracts to date as part of the team delivering Unilever’s new London HQ."

Chris Nixon, Investor at BGF, said: "We are really pleased to see Clarke further accelerating what was already an impressive growth trajectory following BGF’s investment in the company.

"Eugene and the team at Clarke Facades continue to invest in their people and to enhance their offering, which has helped them to secure new clients and move into new segments of the market with fantastic clients. We look forward to supporting the business and helping it to build momentum into the future.

"BGF is keen to hear from ambitious businesses in Northern Ireland who like Clarke have aspirations to grow and expand into new markets and require funding support to achieve their goals."

This year Clarke has won the contract to work on Unilever's Eden Campus in Kingston Upon Thames, which will become the new headquarters of the British-Dutch multinational. The project involves four key buildings which incorporate 363,000 square foot of offices, a high-rise residential building and a flexible building providing parking for 354 cars (30 per cent electric charging facility) and 450 cycle spaces. Clarke is providing full end-to-end design for the scheme that is intended to be carbon net zero once in operation.

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