Smith Cooper Corporate Finance have advised on a deal that sees private equity house Key Capital Partners (KCP) take a significant stake in Total Integrated Solutions (TIS), a specialist provider of integrated security and fire safety solutions based in Nottinghamshire.
The deal will support the continued growth of TIS as the business continues to expand its technical capability across a variety of sectors including retirement villages, further education and open space CCTV. The business already employs 140 staff at five sites across England
James Twigg, CEO of TIS will remain in place and James Hall, managing partner at KCP and Matt Tice, Investment Director, will join the board. Ted Goold will also join as non-executive Chairman.
Following the transaction, James Ward commented:
“This is a great deal for TIS as the business enters the next stage of its growth. The partnership with KCP will allow TIS to continue to expand its market-leading solutions, and further develop its technical capabilities, helping TIS realise their ambitious growth plans as they strive to make a real difference to their customers.”
Smith Cooper Corporate Finance help private equity investors, management teams, SMEs, corporates, and entrepreneurs realise their business ambitions, working across a variety of different sectors including Fire and Security, Self-storage, Telecoms, EdTech and Hospitality.
Our highly experienced, partner-led advisory team specialise in comprehensive, high-intensity project management of deals. With an extensive network of contacts, we are well-placed to assist clients at any stage of the business life cycle.
KCP received transactional legal advice from David Parker and Pete Wood of Addleshaw Goddard, with RSM providing financial and tax due diligence services, and commercial due diligence provided by Armstrong, who specialise in the private equity mid-market.