4 September 2018 | Herpreet Kaur Grewal
NorthEdge Capital has invested for a significant majority stake in facilities management company Orbis Protect, backing an MBO with the existing management team led by CEO Guy Other and COO Ben Howard.
Employing more than 400 staff across its network of 19 depots, Orbis Protect provides a range of vacant property management and lone-worker protection services to public and private sector clients throughout the UK.
The company is headquartered in Uxbridge, with an extensive national depot network including a significant presence in the Midlands with the senior management team based there.
The business works with local authorities and housing associations as well as major commercial organisations, including retail chains and commercial property managers, to secure 30,000 void properties, protect 25,000 lone workers annually and provide property and inspection services to a further 60,000 properties.
NorthEdge's investment will allow Orbis Protect to build on its platform and market position in both the social housing and commercial sectors and continue its revenue growth profile in both core and new product areas.
The deal was led by lead of Midlands, Rob Freer, and investment director Andy Skinner. Freer will join the board in a non-executive capacity.