Growth investor Synova is delighted to announce an investment into Orbis Protect Limited (“Orbis” or the “Company”). Orbis is a leading provider of critical security services to the UK vacant property sector. Synova is backing CEO, Ben Howard and as part of the transaction, incumbent investor NorthEdge will remain a significant minority shareholder in the new group.
Over the past three years, Orbis has grown revenues at a CAGR of 17% and added to its technology capabilities through the acquisition of Optosafe, a provider of leading edge CCTV services. The Company also ranked eighth in The Sunday Times’ Profit Track in 2020. The sector is expected to benefit from strong tailwinds given structural changes in the commercial property market that have accelerated over the last 18 months.
In addition to focussing on organic growth, Orbis will also be targeting a number of strategic acquisitions across a highly fragmented UK and European Market.