Announced
Completed
Financials
Tags
fire safety equipment
Completed
Majority
Acquisition
Cross Border
Single Bidder
Consumer Services: Other
Friendly
safety products
Capital Goods
United Kingdom
Private
Private Equity
Synopsis
Ergon Capital-backed svt, a provider of passive fire protection products and restoration management services, completed the acquisition of Technical Fire Safety Group, an independent fire safety glass specialist, producing, processing and supplying mission critical fire-rated products, from Soho Square Capital, an investment firm. Financial terms were not disclosed. "As part of the Technical Fire Safety Group, international expansion is a key part of our investment strategy, and this merger with the svt Group of Companies is the next step on this journey. Together with svt, we can both increase our global market share and further develop and expand our capabilities in passive fire protection," Neil Tilsley, TFSG CEO.
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