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Announced

Synova to invest in Orbis Protect.

Financials

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

Tags

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Pending

Real Estate Services

Majority

Private

Acquisition

Private Equity

Friendly

United Kingdom

Single Bidder

Domestic

vacant property management

Synopsis

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Synova, a growth investor, agreed to invest in Orbis Protect, a provider of critical security services to the UK vacant property sector. Financial terms were not disclosed. "We are delighted to be partnering with the team at Orbis as well as NorthEdge. The business has an enviable position in the UK market place, delivering exceptional quality and service delivery to its client base. We look forward to supporting Ben and the wider management team with the continued investment in People, Technology and delivery of an ambitious M&A strategy," Alex Bowden, Synova Partner.

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