Established in 2016, M Group Services delivers infrastructure services to utilities companies and other sectors, with clients including Network Rail, Openreach and Thames Water. Led by chief executive Jim Arnold, 54, the Stevenage firm has acquired eight businesses in just over two years, including a wastewater business and a telecom cable company in March this year. It is majority owned by PAI Partners, which bought out the previous owner, First Reserve, last year.
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