Thu, 05 Jun 2025 | BUSINESS SALE
Premier Technical Services Group (PTSG), a Castleford-based provider of specialist services to the construction and facilities management sectors, has acquired electrical compliance and safety testing firm UK Safety Management (UKSM).
Leeds-based UKSM offers a range of electrical compliance and safety testing services, including fixed wire testing, portable appliance testing (PAT), emergency lighting inspections and fire extinguisher maintenance.
The deal is intended as a complementary addition to PTSG’s Electrical Services business. PTSG Electrical Services Ltd now comprises UKSM, PTSG Electrical Testing, Guardian Electrical Compliance, Electrical Compliance and Safety, as well as the group’s Lightning Protection business.
In the 18 months to September 30 2023, PTSG Electrical Services reported revenue of £37.1 million, compared to approximately £22 million in the year to April 2 2022, and moved from a post-tax loss of nearly £2.7 million to a profit of £7.6 million.
Following the acquisition, UKSM’s management team, led by Managing Director Mike Devlin, will remain in place and continue to lead the business as part of the wider group.
PTSG Group Chairman Paul Teasdale commented: “We are pleased to welcome UK Safety Management to the PTSG family. Their reputation, reach and technical expertise are well aligned with our mission to set the standard in specialist services nationwide.
Teasdale continued: “This acquisition enhances our ability to deliver outstanding electrical compliance solutions across all client segments, from SMEs to blue-chip organisations. It also significantly scales our operations and accelerates our strategic growth trajectory.”
Teasdale added that PTSG remains “fully committed to our strategy of sector leadership through targeted acquisitions, operational excellence and exceptional customer service.”
Amid an increasingly stringent regulatory environment, soaring demand for compliance services has emerged as a major driver of activity in the building products and services sector, with compliance and safety testing firms among the most sought after targets
This thriving independent building company in Lincolnshire boasts an impressive reputation and a loyal client base, operating from well-fitted industrial premises.
A long-established and highly regarded specialist loft conversion company based in Middlesbrough, renowned for its nationwide reputation and premium quality services, offers a unique design-to-completion experience.
Renowned and well-established building contractor offering a comprehensive array of new build and refurbishment construction services. The company possesses significant experience in executing projects spanning the educational residential commercial...
|
07
|
|
Nov
|
ITV shares jump as Comcast enters talks to acquire TV broadcasting business | BUSINESS SALE
ITV’s share price rose sharply this week after the bro...
|
06
|
|
Nov
|
Kids Planet expands with acquisition of Cleckheaton day nursery | BUSINESS SALE
Kids Planet Day Nurseries, a major UK nursery group and one ...
|
06
|
|
Nov
|
Azets agrees to acquire Cornwall chartered financial planners | BUSINESS SALE
Prominent wealth management group Azets Wealth Management ha...
|
14
|
|
Oct
|
PE-backed building compliance group acquires clean air specialist | BUSINESS SALE
Premier Technical Services Group (PTSG), a building complian...
|
27
|
|
Jun
|
Construction services provider acquires roof maintenance firm | BUSINESS SALE
Construction and facilities management services provider Pre...
|
10
|
|
Jan
|
Premier Technical Services Group acquires NSS as BGF exits | BUSINESS SALE
Premier Technical Services Group (PTSG) has acquired Manches...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.