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Announced

Completed

Ergon Capital-backed svt completed the acquisition of TFSG from Soho Square Capital.

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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fire safety equipment

Completed

Majority

Acquisition

Cross Border

Single Bidder

Consumer Services: Other

Friendly

safety products

Capital Goods

United Kingdom

Private

Private Equity

Synopsis

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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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