Hygiacura Group, a UK facilities management company, has achieved an industry first by launching a listed bond to support its aggressive expansion strategy across the sector. Listed on the Vienna Stock Exchange’s MTF market from Monday, 16 February 2026, the bond carries an 8.175% annual coupon and matures in December 2029, providing investors with predictable income while enabling Hygiacura to acquire and scale regional businesses.

A Game-Changing Funding Model

The proceeds are earmarked primarily for acquiring profitable facilities management firms facing succession challenges as owners retire. This approach demonstrates how capital markets can supplant traditional bank lending for growing mid-sized businesses, a route previously reserved for large corporations. Hygiacura notes strong investor demand, with discussions now focusing on future allocation opportunities.

Innovative Deal Structures for Sellers

In a notable innovation, some business owners selling to Hygiacura are accepting part of their proceeds in the listed bonds rather than cash. This allows sellers to retain exposure to the group's future growth through regular income streams, easing funding pressures on acquisitions while aligning interests across stakeholders.

Sector Tailwinds and Leadership Insights

Demand for outsourced facilities management services is rising, driven by organisations' increasing reliance on specialists for cleaning, maintenance, and infrastructure. Sacha Jakovljevich, Director of Hygiacura Finance, emphasised: “For decades, growing businesses have been constrained by bank lending limits, even when profitable. This model changes that, benefiting investors, sellers, and businesses.”

Hygiacura anticipates further acquisitions over the coming year as part of its consolidation push in the UK market. This listing arrives amid broader efforts to bolster UK business finance, including a recent £11bn lending package from major banks, though Hygiacura's bond underscores an emerging alternative pathway.