equity stakes in startup businesses that fell into its broad fields of activity. The management of the new business typically invested the remaining capital, and if targets were met it was able to sell the balance of the business to Mitie after a fixed period for a sum based on the profits achieved (an earn out). Payment was made in a mixture of cash and Mitie shares. The managers usually remained with Mitie after the earnout. Mitie is now split into: Facilities Management, Property Management, Energy Solutions and Healthcare. Controversy In February 2022, The Sunday Mirror revealed a Mitie WhatsApp group relating to immigration management paid by the Home Office that exchanged racist and offensive messages amongst colleagues since March 2020. References External links Business services companies of the United Kingdom Outsourcing companies Companies listed on the London Stock Exchange Construction and civil engineering companies of the United Kingdom British companies established in 1987 Companies based in Bristol Private providers of NHS services Construction and civil engineering companies established in 1987 Business services companies established in 1987