Evander Glazing & Locks
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Evander Glazing & Locks - 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 & Locks - timeline of key events

Evander Glazing & Locks - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 46,790,000 | 49,687,000 | 47,954,000 | 47,823,000 | 39,267,000 | 37,981,000 | 35,806,000 | 33,266,000 | 43,144,000 | 51,293,000 | 37,343,000 | 39,806,000 | - | - | - |
| % 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) | 5,878,000 | 5,098,000 | 3,008,000 | 1,382,000 | 215,000 | (884,000) | (937,000) | 409,000 | (466,000) | 3,680,000 | 273,000 | (767,000) | - | - | - |
| Operating Income (USD) | 4,508,000 | 4,352,000 | 2,241,000 | 526,000 | (672,000) | (1,303,000) | (1,221,000) | 84,000 | (840,000) | 2,061,000 | (1,155,000) | (2,056,000) | - | - | - |
| Operating Margin | 9.6% | 8.8% | 4.7% | 1.1% | (1.7%) | (3.4%) | (3.4%) | 0.3% | (1.9%) | 4.0% | (3.1%) | (5.2%) | - | - | - |
| % EBITDA Margin | 12.6% | 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) | 3,056,000 | 2,857,000 | 1,580,000 | 206,000 | (814,000) | (1,351,000) | (1,958,000) | (523,000) | (861,000) | 1,921,000 | (1,294,000) | (2,904,000) | - | - | - |
| % Net Margin | 6.5% | 5.7% | 3.3% | 0.4% | (2.1%) | (3.6%) | (5.5%) | (1.6%) | (2.0%) | 3.7% | (3.5%) | (7.3%) | - | - | - |
Evander Glazing & Locks - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(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 Sale | Completed | Evander Glazing & Locks | - | ||||||||
| Growth | Completed | Evander Glazing & Locks | - | ||||||||
| Buyout | Completed | Evander Glazing & Locks | - |
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Evander Glazing & Locks - employee data


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