PTSG Acquires Neo Property Solutions

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04 October 2021 | Updated 07 October 2021

Premier Technical Services Group Ltd (PTSG) has announced the acquisition of Neo Property Solutions Limited, a highly accredited company offering passive fire services.

The business delivers the survey, design, installation, testing and certification of:
 

• Fire-rated composite and timber doors
• Fire door maintenance
• Fire-rated glazing solutions
• Fire compliance surveys
• Fire stopping
• Fire compartmentation
• Fire curtains and cavity barriers

"The business will retain the Neo management team, which will continue to grow and expand the businesses as they are integrated into PTSG’s successful delivery model across our Fire Solutions division."

– Paul Teasdale
CEO of PTSG Group

Extending and Strengthening Capabilities Across the Market

“We are delighted to welcome Neo Property Solutions Ltd as our latest addition to the Group," said Paul Teasdale, CEO of PTSG Group. "This acquisition extends our service offering within PTSG Fire Solutions Ltd and is highly complementary to the Group’s other specialist services.

"We are fully committed to the continuation of a successful strategy of achieving market leadership across the sectors in which we operate. This acquisition strengthens our capability within our fire solutions division and ensures our clients can now receive all three of the most important fire services in one place - electrical, mechanical and passive.”

PTSG Fire Solutions Ltd has taken shape through a number of carefully considered strategic business acquisitions, culminating in a fully comprehensive service offering. Neo Property Solutions Ltd, which delivers Passive fire solutions, takes its place alongside:
 

• A Mechanical fire business comprising:
  UK Dry Riser Maintenance
  UK Dry Riser Installations
  UK Sprinklers
  M&P Fire Protection
  Pure Power
   
• An Electrical fire and security offering via:
  Trinity Fire and Security Systems
   

Paul concluded: “The business will retain the Neo management team, which will continue to grow and expand the businesses as they are integrated into PTSG’s successful delivery model across our Fire Solutions division. We are delighted that Alistair Hodgson, Andrew Young and Steven Doherty will continue to lead the business and their vast experience and technical ability will be a great addition to our highly skilled PTSG team.”

Picture: a worker installing a fire point.

Article written by Bailey Sparkes | Published 04 October 2021

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