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Deals & M&A

Birketts advises YFM Equity Partners on investment in TWO Services

Birketts said in an announcement on its website on 22 October 2026 that it had advised YFM Equity Partners on a deal to invest in the company behind commercial kitchen specialist TWO Services.

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Birketts said in an announcement on its website on 22 October 2026 that it had provided legal advice to YFM Equity Partners on its investment in T.W.O Services Holding Ltd, which trades as TWO Services, a specialist provider of commercial kitchen cleaning, maintenance and equipment.

Key points

  • TWO Services was founded in 1986 and is headquartered in Essex.
  • The company operates from centres in London and Leeds and has a team of around 100, serving the contract catering and facilities management sectors.
  • The investment is intended to fund expansion of TWO Services’ engineering and cleaning teams, further equipment investment and wider nationwide coverage.
  • Birketts said its lawyers handled the full legal side of the deal for YFM, covering due diligence as well as negotiating and finalising the key documents.
  • Partner Alex Forwood led the Birketts team, which also included senior associate Tom Utting and associate Alex Price from the corporate department, corporate solicitor Dominic Cowie, trainee solicitor Nixie Tucker, and employment senior associate Nicholas West.

The deal

According to the announcement, the investment is intended to support the next stage of TWO Services’ growth while retaining the family values and service-led culture it has built over four decades.

Reaction

Alex Forwood, Partner at Birketts, said: “This transaction provides a solid platform for the business to invest in its people and capabilities and pursue its next phase of growth. We wish YFM, Barry and the wider TWO Services team every success.”

Zach Francis, Investment Director at YFM Equity Partners, said: “Birketts provided clear, commercial advice throughout the transaction.”

Sources