Technical Fire Safety Group has been sold to svt Holdings GmbH
Soho Square Capital LLP, an investment firm focused on serving the financing needs of established and growing UK and European SMEs, has exited its investment in Technical Fire Safety Group Ltd to svt Holdings GmbH.
TFSG has grown to become Europe’s market-leading independent fire safety glass specialist, producing, processing and supplying mission critical fire-rated products to over 1,300 customers across 40+ countries, in both the construction and refurbishment markets.
Soho Square originally invested in TFSG in 2018 with a plan to drive growth through investments in R&D, enhanced manufacturing capacity and expansion into new geographies. During the hold period, TFSG has grown rapidly, with revenue and EBITDA both increasing threefold.
Soho Square’s realisation of its investment sees TFSG acquired by svt, an internationally leading provider of preventive passive fire protection products and installation management and restoration management services in Germany. svt is headquartered in Germany and is backed by Ergon Capital, a pan-European mid-market private equity investment fund with approximately €2.5 billion of AUM.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Graham Carberry.