Eltizam Asset Management Group acquires Dubai real estate and FM services firm
Inspire Integrated has experience in highly complex contracts and will continue to operate under its own name
Eltizam Asset Management Group (EAMG) has acquired Inspire Integrated (formerly Multiplex Services), a real estate and facilities management company in Dubai for US $10 million.
EAMG is a subsidiary of Abu Dhabi-based International Holding Company and said that the move is part of its strategy to expand the group’s real estate, infrastructure property management, facilities management and project delivery services.
According to a statement, Inspire Integrated will continue to operate under the same name and specialises in infrastructure and real estate solutions, facilities management, and project delivery services. The Dubai group’s level of experience has resulted in highly complex contracts due to its robust asset and life cycle plans, highly regulated compliance-based settings, service resilience structure, and HSE performance record, EAMG noted.
Inspire’s project delivery services can provide cost-effective, low-risk, high-quality solutions from conception and design to planning, completion, and move-in, the statement added.
“This strategic move will further enhance our position in the region’s real estate and infrastructure sectors in both property and facilities management services. With our combined portfolios and capabilities, as well as our IoT and AI-enabled solutions, it will ensure service excellence and consistent results that benefit all of our stakeholders,” said EAMG group CEO Chris Roberts.
As part of Eltizam Group, Inspire Integrated will be providing seamless integrated infrastructure and real estate property management and FM services and project delivery services to its clients and community. It joins a diverse set of companies including Tafawuq and Fixis FM in addition to Three60 Community Management, Omnius Real Estate Services, 800TEK Maintenance Company, and OrionTEK Innovations, the statement noted.
Andrew Law, executive director, Inspire Integrated concluded, “We are confident that through this acquisition, Inspire Integrated will have access to a wider breadth of talent, support and expertise to advance our service capability. We believe that being part of the Eltizam Group will enable us to accelerate our business growth and allow us to offer better value for money to both our existing and future clients. With strong values culture already embedded into the Inspire workplace, it will be a smooth transition to incorporate the Get Wonky corporate culture of Eltizam, seen as a key alignment during the acquisition process for both companies.”
