From a standing start in 2007, PTSG has now become the UK’s leading provider of niche specialist services to the facilities management industry.
Our first acquisition was of an access and safety company, National Cradle Maintenance Limited, in 2007, which was funded by £0.9 million of equity from the founders. Since then, 21 further acquisitions have been funded through a combination of outside funding and internally generated cash flows.
One of the key generators of our growth has been the cross selling of services into our respective customer bases, and this will continue to be part of our strategy going forward.
Originally created to fill a gap in the market for demand for a specialist business offering niche services, PTSG has since become the UK’s foremost provider of specialist services.
This business continues to grow, most recently with the acquisition of BEST, a privately owned market-leading company specialising in lightning protection, specialist earthing, surge protection and steeplejack services.
As a national provider with four locations and established relationships with a range of blue-chip clients, this acquisition substantially enhances PTSG’s leading position in the lightning protection market, and follows our stated strategy to be the market leader in our chosen areas of operation.
As the company continues to grow we will continue to deliver based on our business philosophy of delivering well and delivering safely. This will be done by strengthening resources where necessary, targeting planned investment and maintaining a tight control on budgets.
Even as we enjoy rapid growth, PTSG remains at the forefront of the industry, and as facilities management continues to evolve, we evolve with it.