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New Deal


Announced

Completed

Phenna Group completed the acquisition of Safety Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Acquisition

Majority

Friendly

Single Bidder

Health Care Services

Completed

Private

health consultancy

Domestic

testing inspection and certification

Test Inspection and Certification (TIC)

Synopsis

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Phenna Group, a business focused on the testing, inspection, certification and compliance sector, completed the acquisition of Safety Services, a health and safety consultant. Financial terms were not disclosed. “I am very pleased that Mike and Jon, with their highly experienced team have agreed to join Phenna Group. SSUK has an excellent reputation in the marketplace and fits closely with our strategy of creating a differentiated group of niche TICC businesses. With its leading cloud based management system, it is highly complementary to our other companies operating in similar end markets. I’m hugely appreciative of Mike’s trust in Phenna Group and excited about working with Jon and his team, to help deliver SSUK’s ambitious growth plans," Paul Barry, Phenna Group CEO.

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