Mon, 04 Aug 2025 | BUSINESS NEWS
OUTCO, a Berkshire-based outdoor estate compliance and maintenance business, has secured a growth investment from private equity firm Perwyn. The investment will support the company’s expansion both organically and through acquisitions.
The Reading-based company, which has already completed three acquisitions so far in 2025, helps commercial organisations to ensure that their outdoor spaces and infrastructure remain operational, safe and compliant with regulations throughout the year.
Its services include winter maintenance, such as gritting and snow clearance, grounds maintenance, such as landscaping and grass cutting, and reactive works for unexpected property maintenance issues. The company works with property managers and facilities management providers.
The company has seen strong performance over recent years. In accounts for the year ending September 30 2024, it reported turnover of £34.9 million, up marginally from around £34.7 million the year prior, while EBITDA increased from £5.7 million to £7.5 million.
OUTCO Chief Executive Jason Petsch commented: "Perwyn's investment will accelerate our mission to build the UK's most comprehensive, tech-led provider of outdoor estate maintenance services.”
"We will use the capital to expand our geographic reach, invest further in technology and sustainability, and to continue acquiring complementary businesses to enhance service delivery and scale.”
Petsch added that cultural alignment had been a key factor in partnering with Perwyn, saying they shared the same “ambition, values and long-term vision [and] collaborative and hands-on approach”.
Perwyn partner Gurinder Sunner said that “the maintenance sector continues to undergo rapid transformation that is driven by increased regulation, scrutiny, and demand for data-driven service delivery.”
"OUTCO stood apart for us with its proprietary technology platform enabling real-time compliance reporting and predictive maintenance. This capability is a game-changer in a traditionally low-tech industry.”
Sunner added that Jason Petsch and the OUTCO management team “combine deep industry experience with a strong track record of scaling businesses”.
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