Brian Sims
Editor
Brian Sims
Editor
SECURITY SOLUTIONS business Orbis Protect has secured “transformational” growth capital investment from Tiger Infrastructure Partners, subject to regulatory approval.
Tiger Infrastructure Partners is an innovative private equity firm focused on providing significant strategic growth capital to middle-market infrastructure companies. Its value-add approach targets growth investments across the digital infrastructure, energy transition and transportation sectors in North America and Europe, where Tiger Infrastructure Partners believes “strong tailwinds” are driving demand for new infrastructure.
This investment represents a successful exit for Synova Capital, who invested in the Orbis Protect business back in 2021. The partnership with Synova has driven a period of significant growth for Orbis Protect, marked by multiple successful acquisitions, expansion into Europe, entry into new market segments and continued development of the proprietary Artificial Intelligence-enabled technology platform.
During Synova’s ownership period, revenue and EBITDA at Orbis Protect have grown by 172% and 214% respectively.
Next phase
Ben Howard, CEO at Orbis Protect, commented: “We are delighted to be partnering with Tiger Infrastructure Partners as we embark on the next phase of our ambitious growth strategy. The company’s vision for the business is completely aligned with our own, while its insight and support will be instrumental in accelerating investment across our technology capabilities, market expansion and international growth.”
Howard continued: “The breadth and depth of our services position us as a trusted leader in our market. This is underpinned by continued investment in our people, our continual commitment to operational excellence and an unwavering focus on putting customers first. These are principles that will remain central to our long-term success.”
In conclusion, Howard stated: “I look forward to working closely with Tiger Infrastructure Partners as we continue to protect what matters most to our customers. I would also like to thank Synova for its support over the past four-and-a-half years. The business’ insight and clear understanding of what makes the company distinctive have been instrumental in driving market-leading growth and strengthening our strategic position. Together, we’ve built a business with a compelling future, while in parallel preserving the culture and values that define us.”
Ideal platform
Alessandro Boninsegna, senior managing director of Tiger Infrastructure, explained: “Orbis Protect and its management form an ideal platform to drive further growth in the dynamic security solutions market where customers in multiple end sectors benefit from the company’s expert advice, geographic footprint and differentiated offering to protect their valuable assets and people. We look forward to working alongside Ben and his team and applying Tiger’s experience in scaling-up similar businesses.”
Ben Snow, partner at Synova Capital, noted: “Synova’s investment in Orbis Protect is a great example of our approach to partnering closely with portfolio leadership teams to help realise their vision and unlock enduring value. Working alongside Ben and the wider Orbis team has been a fantastic journey, which has seen the business deliver across the full spectrum of value creation. We are proud to have supported Orbis Protect through this phase of growth and wish Ben and the team every success in the years ahead.”
The shareholders of Orbis Protect were advised by DC Advisory (corporate finance), PwC (financial, tax and regulatory), OC&C (commercial) and Proskauer Rose (legal).
Orbis Protect’s management team was advised by Jamieson Corporate Finance and Squire Patton Boggs (legal).
*Further information is available online at www.orbisprotect.com
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