Baird advises on sale of VPS Holdings to PAI Partners
VPS Acquisitions, a company owned by funds managed by TDR Capital, has sold VPS Holdings to European private equity firm PAI Partners.
VPS is a European vacant property specialist providing vacant property alarms, motion triggered video/CCTV systems and security screens/doors, together with specialist property management services, such as facility services, manned guards and live-in guardian services.
Robert W Baird, a global middle-market investment bank, advised VPS Acquisitions on the deal.
Jonathan Harrison, a managing director in Baird’s global investment banking business and a lead banker on the deal, says: “VPS is a rare pan-European investment opportunity, with strong positions in fragmented, niche markets, a very good management team and multiple organic and M&A growth prospects. Given the company’s scarcity value and favourable debt market dynamics, VPS generated very strong interest from the private equity community.”
- By Category
- News from other sites
- Special Reports
- Partner events