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December 12, 2023

Engage announces new partnership with Pacific Investments

London, 12/12/2023 – Engage Management Services, a leading player in the Self Storage industry with combined industry experience of over 90 years, is pleased to announce a strategic investment partnership with Pacific Investments, a distinguished multi-asset fund management group. This partnership aims to accelerate the development of Engage’s management platform and expand its offering across the UK and Europe.

Founded in 1993 by Sir John Beckwith and Mark Johnson, Pacific Investments has built up a strong track record across real estate and financial services. Businesses founded by Pacific have gone on to manage $50 billion on behalf of institutions, wealth managers, family offices, and individuals, and over the last 40 years Pacific and Sir John Beckwith have developed over 7 million m2 of Real Estate globally across all asset classes.

Engage Management Services, an established management platform in the Self Storage sector, is thrilled to welcome Pacific Investments as a strategic partner. The investment comes at a pivotal moment as Engage seeks to expand its reach and development within the rapidly growing Self Storage industry. The collaboration aims to leverage Pacific’s extensive experience in scaling property businesses and build on the strong operational platform and geographical presence that Engage has built up since its inception in 2009. The partnership aims to increase the value of Engage’s clients’ businesses through operational efficiency and unlock new growth opportunities for the management services platform.

Engage Management Services CEO, Mark van Adrichem, expressed enthusiasm about the partnership, stating, “It has been an interesting year, with over a million sqft of self storage space developed since our inception and now we are able to announce our partnership with the Pacific Investment team; it really is a testament to the potential within our business and opportunities within our sector. A great step forward for the business and the team. From the outset we have been determined to deliver first class management services to the Self Storage sector and through this partnership with Pacific we can continue to build upon our foundations that have been laid down over the last 15 years. Our sector continues to be one of opportunity and we look forward to rolling out our operational Self Storage platform delivering for our clients and embracing the next 15 years!”

Anthony Adams, Partner at Engage Management Services, states, “I’m thrilled to be partnering up with Pacific Investments, a leading UK real estate investor, to help take Engage to the next level. Their involvement will help fuel further growth in our management platform and allow us to invest in emerging technologies to deliver industry leading service to our wide range of Self Storage clients.“

Commenting on the investment, Sir John Beckwith, Chairman of Pacific Investments stated, “We have been looking at the Self Storage sector for some time and are pleased to invest in Engage Management Services towards becoming the leading management platform in the UK and Europe. This investment demonstrates Pacific’s strong interest in backing best in class management teams supported by strong growth trends in the sectors that they operate in. We believe that the Self Storage sector offers appealing long term fundamentals and is poised for significant growth in the coming years. We look forward to playing a part in this.”

About Pacific Investments:
Pacific Investments is a distinguished multi-asset fund management group founded in 1993 by Sir John Beckwith and Mark Johnson. The group is committed to offering a fully diversified range of investment products and has played a pivotal role in the success of businesses across various industries.

www.pacificinvestments.com

About Engage Management Services:
Engage Management Services is a leading player in the Self Storage industry, dedicated to providing innovative solutions for management and development within the sector. With a focus on scalability and efficiency, Engage aims to transform the way self storage facilities are managed, ensuring a seamless experience for both operators and customers.

www.thisisengage.co.uk

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