Acquisitions open new markets for PTSG

PTSG, the niche specialist services provider, has extended its service offering with two acquisitions.

UK Dry Risers (UKDR), a specialist in the installation of dry and wet riser systems, based in Bury, has been acquired for a maximum cash consideration of £2.1m. PTSG has also bought UK Dry Risers Maintenance (UKDRM), a tester, repairer and maintainer of dry and wet riser systems, based in Oldham, in a deal worth up to £3.5m.

Paul Teasdale, chief executive of PTSG, said: “We warmly welcome UKDR and UKDRM to the PTSG Group. Both businesses are well established and respected in the UK and their addition to the Group expands our service offering into new niche markets.

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