PTSG has established itself as one of the UK’s leading providers of specialist health and safety testing services, including fire safety, lightning protection, electrical testing, façade access and fall arrest equipment services to a broad range of blue chip customers. Headquartered in West Yorkshire, England, PTSG employs around 1,200 people across 31 sites, servicing more than 180,000 buildings in the UK, across a wide range of industries.
Mark Brenke, Managing Director and Head of Ardian Private Debt, said: “We are delighted to be backing Macquarie and Management in leading PTSG through its next phase of growth. Management have a demonstrable record of delivering both organic and M&A-driven growth and we are looking forward to being part of the journey going forward. Ardian Private Debt’s involvement in this take-private deal highlights our track record of supporting resilient businesses and underlines our capabilities in executing complex, time and information-sensitive transactions, where significant trust is required between principals.”
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 610 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 970 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.
LIST OF PARTIES INVOLVED