LONDON–(BUSINESS WIRE)–Fantastic Services co-founder Rune Sovndahl says he’s’ given rival outfit Pimlico Plumbers—London’s biggest unbiased plumbing company—in his attractions as he targets plumbing income well worth £40 million a year.
Mr. Sovndahl says: “Demand for accurate, dependable plumbers has never been higher.
“We’re thrilled to add My Plumber to our growing portfolio and to provide our customers with plumbing services for the first time.
“In My Plumber, we’ve bought the exceptional-rated plumbing organization in London.
“We want to build on that existing experience-properly component in terms of purchaser delight, using our Fantastic Services structures to provide an incredible, professional experience at a fantastic fee.
“We also trust we will eclipse the fundamental alternative players in the London plumbing market, such as Pimlico Plumbers inside the Destiny, which is certainly one of our important marketplace rivals. For me, it’s’ time London indeed got excellent plumbing.”
The acquisition’s monetary information has not been disclosed.
Fantastic Services, which processed customer orders worth £32.5m in the last 12 months, already specializes in cleansing, gardening, landscaping, waste removal, pest management, and handyman offerings.
All current My Plumber workers—comprising an experienced team of Gas Safe accredited technicians, electricians, and handypersons, plus a management and estimating group—can be retained.
My Plumber, established in 2005, offers information on fashionable plumbing upkeep and installations and heating and gas services, including the installation of boilers and central heating systems.
It additionally operates electric offerings under the My Electrician call and a handyman operation called My Handyman.
My Plumber gives a bespoke design and installs carriers for toilets, kitchens, and wetroom refurbishments.
Mr. Sovndahl states, “We are motivated to construct a patron-targeted role in the plumbing and heating offerings marketplace, to severely challenge established players such as British Gas and Dyno.”
According to figures from IBISWorld, the UK plumbing and heating market is worth £ 17.2 billion, and it has experienced a 4.3% annual boom during the last five years.
My Plumber consistently achieves excessive scores on the general public comments website Checkatrade (nine.7) and has gained several customer support awards.
Angie Lyons-Redman, the proprietor of My Plumber, says she is delighted to be in a role to sell My Plumber to Fantastic Services, a business enterprise that ardor my ardor for consumer offerings. I accepted that the staff and clients will gain massively from the investment that Fantastic Services c can provide, and I look forward to seeing the subsequent chapter for the enterprise.”
The purchase of My Plumber marks another expansion for Fantastic Services, which expects to manage customer orders worth £40m in 2019.
Formed in 2009, Fantastic Services already has more than 300 hit franchising partners, supplying more than 25 special expert services throughout the United Kingdom.
Customers can ebook any Fantastic provider via their cellular tool, 24/7, using the Fantastic app available for iOS and Android.
Fantastic Services currently connects more than 15,000 UK clients with 2,000 experts monthly.
By the stop of the 12 months, it expects its patron base 12 months to have risen through nearly two hundred 000 as new ventures in 10 areas, including Manchester, Chester, Birmingham, Sheffield, and the South West, come to be established. The number of monthly active customers of the fantastic app within the UK grew to forty-five. Five percent between August 2017 and August 2018.