Premier Technical Services Group plc proposed acquisition of Guardian Electrical Compliance Ltd.

Premier Technical Services Group plc, the niche specialist services provider, today announced the proposed acquisition of Guardian Electrical Compliance Ltd, a market leading electrical testing and compliance company headquartered in Sheffield, for an initial cash consideration of £12.0m. "Guardian is a highly complementary and attractive acquisition. It has an exceptional growth track record, management team and large blue-chip customer base. Critically it fits our clear acquisition model by presenting significant opportunities for cross-selling additional PTSG services as well margin improvement whilst supporting our long-term goal of sector dominance." Paul Teasdale, CEO of PTSG