Kirkland & Ellis is advising leading global growth investor, Warburg Pincus, on the agreement with Macquarie Capital Principal Finance to jointly acquire a majority stake in Premier Technical Services Group Ltd ("PTSG").
The new investment from Warburg Pincus marks a significant milestone for PTSG as it enters its next phase of growth, allowing the company to focus on continued innovation and key growth initiatives, while continuing to offer strong customer service. PTSG is a leading provider of specialist building compliance services, including fire and electrical compliance services, fall protection and façade access services. Headquartered in West Yorkshire, England, PTSG employs around 1,400 people across 37 UK sites, servicing more than 180,000 buildings in the UK, across a wide range of industries.
Read the Warburg Pincus press release
The transaction remains subject to the approval of antitrust authorities and the financial terms are undisclosed.
The Kirkland team was led by corporate partners Adrian Maguire and Dan Clarke and associates Jiri Peterka, Jelani Okoruwa, Louis Hopson and Rebecca Pearce; debt finance partner Neel Sachdev and associates Stefan Arnold-Soulby and Maurice Walsh; technology & IP transactions associates John Patten and Alex Zapalowski; antitrust & competition partners Matthew Sinclair-Thomson and associates Philipp Gnatzy and Sandeep Ravikumar and tax partner Tim Lowe.