Trade sale of Blenheims to FirstPort

FirstPort has acquired Arcturus Corporation Limited, the parent company of Blenheims and Campions, both property management specialists offering block and estate management services for residential premises. Acrturus has offices in the South West and London and operates throughout southern England, the South West and South Wales.

FirstPort is one of the largest residential property management companies in the UK.

Arcturus’ two operating businesses, Blenheims and Campions, will become part of the FirstPort group. The two brands will continue to operate as normal with the same teams still supporting their customers and clients.

Nigel Howell, Chief Executive of FirstPort, commented: “I am delighted to welcome Blenheims and Campions to the FirstPort group. Both businesses share our commitment to delivering professional and ‘people first’ property management services that make sure our customers can enjoy living in their homes and communities. We are excited to start working with, and learning from, our new colleagues at Blenheims and Campions.”

Patrick Taylor, Chief Executive of Arcturus, commented: “I’m really proud of what the Blenheims and Campions teams have achieved since our foundation in 2006. Delivering exceptional service with a personal approach has always been our priority. FirstPort is a trusted residential service provider and shares our commitment to great customer service. I’m pleased we’ve found the right home for Blenheims and Campions to continue to deliver for our customers and clients, while also benefitting from FirstPort’s investment in new digital systems and their extensive in-house expertise.”

Isca Ventures acted as the corporate finance advisor and Roxburgh Milkins acted as the legal advisor to Arcturus Corporation.

We have valued the corporate finance support of Isca Ventures over the years culminating in their advice during our recent trade sale process.

Mike Rutland, Group Chairman, Arcturus