Premier Specialized Services Group (PTSG), a respected provider of niche professional services to the service and construction administration sectors in the united kingdom, has finished its acquisition of Nationwide Specialist Providers (NSS).
North West-headquartered NSS is really a nationwide specialist providers provider, covering all areas of external building upkeep – including window and specialized cleaning, platform and screening hire – with customers over the retail, commercial property, events, distribution and healthcare sectors.
NSS provides self-delivered services, 24/7, over the UK without needing sub-contractors or hiring machinery or equipment. This, having an outstanding popularity for working at elevation and in the safest method has resulted in impressive blue-chip customer retention and growth.
During the last five yrs, NSS provides produced four acquisitions to broaden its geographical specialisms and footprint, develop its fleet and enter brand new markets. EBITDA is continuing to grow five-fold during BGF’s investment period furthermore.
Headquartered in West Yorkshire, PTSG will be owned by leading worldwide growth investors jointly, Warburg Macquarie and Pincus Funds Principal Finance, both getting into an contract to get a combined vast majority stake available in-may 2021.
PTSG operates five discrete but complementary divisions: Access & Protection, Electrical Solutions (including Britain’s greatest lightning protection business), Developing Access Specialists, Fire Options and Water Treatment. The business serves a lot more than 20,000 clients nationwide.
Commenting on the acquisition, Paul Teasdale, PTSG’s Team CEO, stated: “We have been delighted to have obtained NSS and warmly welcome the group to the PTSG loved ones. This fantastic acquisition escalates the capability of PTSG’s experienced Creating Access Specialists team, complementing the task of our trained professionals who excel in every access methods – cleaning extremely, repairing and maintaining all sorts or sort of building and structure.
“Having followed NSS’s amazing progress recently, this acquisition shall help cement our position because the UK’s top niche specialist services provider. We turn to supporting NSS to attain its full potential ahead.”
Niel Bethell, CEO at NSS, mentioned: “In PTSG, we’ve found the perfect house for NSS as their ideals match ours plus they have exactly the same uncompromising dedication to customer support and employed in the safest method. Paul and his group took a keen fascination with our progress on the full years, so this feels as though an ideal partnership.
“Today’s deal is really a declaration of intent for future years and significant benefits for the team and customers today we’re section of a much larger but still entrepreneurial organisation. We anticipate dealing with our new co-workers to attain our shared ambitions.”
The acquisition creates a combined company employing 2,300 individuals across 47 websites and ensures enhanced nationwide coverage for clients.
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