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New Deal


Announced

Warburg Pincus and Macquarie Capital to acquire a majority stake in PTSG for £395m.

Financials

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Transaction Value£395m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Private

Private Equity

Equipment Rental

facade access equipment

United Kingdom

Acquisition

Friendly

Pending

Cross Border

Majority

Synopsis

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Warburg Pincus, a private equity firm, and Macquarie Capital, a provider of financing and investment capital on a flexible and bespoke basis, agreed to acquire a majority stake in Premier Technical Services Group, a company engaged in building compliance services in the United Kingdom, for £395m. Hayfin, an alternative asset management firms, partially sold its share as part of the deal. “We look forward to partnering with Paul and Roger Teasdale and the PTSG management team, alongside Macquarie to expand their suite of solutions and capture untapped growth opportunities in the market.” David Reis, Managing Director at Warburg Pincus added: “Compliance services is a critically important sector and we anticipate the need for such services will continue to grow as regulatory requirements increase. We have been impressed by PTSG’s tremendous track record of growth and with their best-in-class operating model while keeping its customers at the centre of its strategy," Adarsh Sarma, Warburg Pincus Managing Director and Co-Head of Europe.

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