Xais-Pts Limited

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Xais-Pts Limited - overview

Location

Chorley, England, UK

Primary Industry

Construction

About

Pavement Testing Services specializes in infrastructure asset management, combining engineering consultancy with advanced testing and surveying technologies, serving local authorities and governmental bodies throughout the UK. Pavement Testing Services provides specialized infrastructure asset management solutions. The company was acquired by Phenna Group TopCo Limited, a portfolio of Inflexion Private Equity Partners, in April 2022. The headquarters is located in Chorley, UK.


The founder's details are not available. The company has received a total of USD 0. 25 mn in funding, with the latest round also amounting to USD 0. 25 mn, backed by Mercia Asset Management.


The company has completed 2 deals as of April 1, 2022. Pavement Testing Services (PTS) offers comprehensive infrastructure asset management services, integrating asset management with engineering consultancy. Their offerings include accredited systems for infrastructure asset management, advanced surveying technologies, and a UKAS-accredited laboratory for asphalt testing and mixture development. Utilizing methods like HD photographic imagery, LiDAR, and AI-powered defect detection, PTS assists local authorities and governmental bodies in maintaining, repairing, and replacing infrastructure assets across the UK.


Pavement Testing Services generates revenue through B2B transactions with local authorities, engineering firms, and governmental agencies focusing on infrastructure asset management. Their revenue model is based on project-based contracts and consultancy services, where clients engage PTS for tailored surveying and testing needs. The company ensures compliance with standards such as ISO 9001 and ISO 14001, structuring project fees around specific services like pavement condition assessments and advanced material testing. Looking ahead, Pavement Testing Services plans to enhance its product offerings by developing new services tailored to emerging needs in infrastructure management.


The company aims to expand into new geographic markets across Europe by 2025, leveraging its recent funding from the acquisition to support this growth. The resources will be allocated to enhance their technological capabilities and broaden their client base in targeted regions.


Primary Industry

Construction

Sub Industries

Construction

Website

www.ptsinternational.co.uk

Company Stage

Add-on

Total Amount Raised

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