Premier Technical Services Group Ltd.
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Premier Technical Services Group Ltd. - overview
Established
2007
Location
Castleford, West Yorkshire, UK
Primary Industry
Business Support Services
About
Premier Technical Services Group Ltd. is a UK-based company specializing in building compliance services, focusing on access and safety, electrical services, and maintenance to ensure the highest standards of safety and compliance for its clients. Founded in 2007 in Castleford, UK, Premier Technical Services Group Ltd. provides essential building compliance services.
The company has undergone strategic developments and was significantly involved in a deal in May 2021, where Warburg Pincus acquired a majority stake while Macquarie Capital reinvested. The company has raised a total amount of GBP 18. 100 mn in its latest funding round, labeled as Public to Private, which serves to bolster its growth and operational capabilities. The current CEOs are Barend Steenkamp and Nikhil Varty.
Premier Technical Services Group Ltd. (PTSG) specializes in a comprehensive range of building compliance services including access and safety, electrical services, façade maintenance and cleaning, fire solutions, and water treatment. Operating through five independent business divisions, PTSG delivers over 170 specialized installation and maintenance services designed to meet compliance and safety needs for various sectors, including education and industrial markets in the UK and the Netherlands. In the most recent year, PTSG reported revenue of GBP 478,945,389.
50 and an EBITDA of GBP 46,724,838. 40. The company generates revenue primarily through B2B contracts, providing both individual project services and long-term maintenance agreements tailored to client needs. Following its recent acquisition in May 2021, Premier Technical Services Group Ltd.
aims to leverage additional resources to enhance its organic growth and consolidation strategy. The company is focusing on expanding its services into new geographic regions, specifically targeting markets in mainland Europe by 2024. The funding from its latest round will support these initiatives and facilitate the development of new products aimed at enhancing service delivery and compliance standards.
Current Investors
Macquarie Group
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Security Services, Consumer Services
Website
www.ptsg.co.uk/
Company Stage
Mature
Total Amount Raised
Subscriber access only
Premier Technical Services Group Ltd. - 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 | Completed | Testing Services UK Ltd. | - | ||||||||
| Add-on | Completed | Earth Tech LPS Ltd | - | ||||||||
| Add-on | Completed | System Hygienics Ltd. | - | ||||||||
| Add-on | Completed | HD Sharman Ltd. | - | ||||||||
| Add-on | Completed | UK Safety Management Limited | - |
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