Evander Glazing And Locks Limited

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Evander Glazing And Locks Limited - overview

Established

1980

Location

Norwich, -, UK

Primary Industry

Consumer Services

About

Evander Glazing & Locks specializes in emergency and planned glazing and locksmith services, offering rapid repairs and installations for windows, doors, and locks across the United Kingdom. Founded in 1980 in Norwich, UK, Evander Glazing & Locks provides glazing and locksmith solutions. The company was acquired by VPS Holdings, a portfolio company of PAI Partners, in March 2016. Louise Booth is the founder while Paul Lewis serves as the current CEO.


Evander has successfully raised GBP 11. 00 mn through the LATEST ROUND of funding. Evander Glazing and Locksmith Experts provides specialized services in reactive glazing, including rapid repairs and installations for windows, doors, and locks. Their operations include emergency callouts, planned upgrades, and infrastructure projects for a diverse clientele, such as major insurers and property owners.


Additionally, their QuietVue product line is among the UK's quietest window solutions, focusing on energy efficiency and acoustic performance. In 2024, Evander generated revenue of GBP 55,370,196. 10 and achieved an EBITDA of GBP 2,964,172. 90.


Their revenue model is based on direct engagements with residential and commercial clients, particularly within the insurance sector, facilitating rapid service delivery and streamlined claims processes. Evander intends to leverage its recent GBP 11. 00 mn funding to explore new product launches and expand its market reach. Plans are in place to enhance their product offerings with innovative glazing solutions targeted for release in 2025.


The company also aims to penetrate new geographic markets within the UK, bolstering its service delivery capabilities and enhancing customer satisfaction.


Current Investors

PAI Partners, VPS Holdings Limited

Primary Industry

Consumer Services

Sub Industries

Business Support Services, Consumer Services

Website

www.evander.com

Verticals

Urban Planning

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Evander Glazing And Locks Limited - timeline of key events

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Evander Glazing And Locks Limited - financials

Fiscal Year EndedMar 31, 2011Mar 31, 2012Mar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025
Revenue (USD)46,790,00049,687,00047,954,00047,823,00039,267,00037,981,00035,806,00033,266,00043,144,00051,293,00037,343,00039,806,000---
% Revenue Growth (YoY)-6.2%(3.5%)(0.3%)(17.9%)(3.3%)(5.7%)(7.1%)29.7%18.9%(27.2%)6.6%---
EBITDA (USD)5,878,0005,098,0003,008,0001,382,000215,000(884,000)(937,000)409,000(466,000)3,680,000273,000(767,000)---
Operating Income (USD)4,508,0004,352,0002,241,000526,000(672,000)(1,303,000)(1,221,000)84,000(840,000)2,061,000(1,155,000)(2,056,000)---
Operating Margin9.6%8.8%4.7%1.1%(1.7%)(3.4%)(3.4%)0.3%(1.9%)4.0%(3.1%)(5.2%)---
% EBITDA Margin12.6%10.3%6.3%2.9%0.5%(2.3%)(2.6%)1.2%(1.1%)7.2%0.7%(1.9%)---
NET Income (USD)3,056,0002,857,0001,580,000206,000(814,000)(1,351,000)(1,958,000)(523,000)(861,000)1,921,000(1,294,000)(2,904,000)---
% Net Margin6.5%5.7%3.3%0.4%(2.1%)(3.6%)(5.5%)(1.6%)(2.0%)3.7%(3.5%)(7.3%)---

Evander Glazing And Locks Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedEvander Glazing And Locks Limited-
GrowthCompletedEvander Glazing And Locks Limited-
BuyoutCompletedEvander Glazing And Locks Limited-

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Evander Glazing And Locks Limited - employee data

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