Eltizam Asset Management Group acquires Inspire Integrated for AED37 million

ABU DHABI, september 8th, 2021 (WAM) — Eltizam Asset Management Group, subsidiary of Abu Dhabi-based International Holding Company, and the region’s largest physical asset management investor and company in to the built asset environment, today the acquisition of Inspire Integrated to expand its property has announced, infrastructure property management, facilities management, and project delivery services within its expansion strategy.

Inspire Integrated, that will continue to operate beneath the same name, focuses on infrastructure and property solutions, facilities management, and project delivery services. Their degree of experience has led to highly complex contracts because of their robust life and asset cycle plans, regulated compliance-based settings highly, service resilience structure, and HSE performance record. Also, the Inspire project delivery services can offer cost-effective, low-risk, high-quality solutions from design and conception to planning, completion, and move-in.

Commenting on the acquisition, Chris Roberts, Group CEO of Eltizam, said: “This strategic move will further enhance our position in the region’s property and infrastructure sectors in both property and facilities management services. With this combined capabilities and portfolios, in addition to our IoT and AI-enabled solutions, it shall ensure service excellence and consistent results that benefit our stakeholders.”

The Group’s expansion strategy aligns with the UAE property market, that is likely to grow at a CAGR of 7.4 percent between 2021 to 2025 due to foreign investment in property, and events such as for example Expo 2020. In accordance with Arabian Business, the facility management market in the UAE is predicted to cultivate at an 8.72 percent CAGR between 2021 to 2026. With the Abu Dhabi market securing $3.13 billion in the initial quarter of 2021, distributed among 3,847 land, building, and unit agreements, Eltizam will undoubtedly be aiming to be a part of this growth with regards to offering their complimentary services.

“We have been confident that through this acquisition Inspire Integrated could have usage of a wider breadth of talent, expertise and support to advance our service capability. We think that being area of the Eltizam Group will enable us to accelerate our business growth and invite us to offer less expensive for the money to both our existing and future clients,” said Andrew Law, Executive Director, Inspire Integrated.

With strong values culture embedded in to the Inspire workplace already, it will be a smooth transition to include the Get Wonky corporate culture of Eltizam, regarded as a key alignment through the acquisition process for both ongoing companies.

Within Eltizam Group, Inspire Integrated is put to accelerate its technique to provide seamless integrated infrastructure and property management and facilities management services and project delivery services to its clients and community, joining a diverse group of companies including Tafawuq Facilities Management, Fixis Facilities Management, Three60 Community Management, Omnius PROPERTY Services, 800TEK Maintenance Company, and OrionTEK Innovations.