SITEX ORBIS LOGO PNG PRO
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Upon acquisition both Sullivan Street partners took executive positions in the Business to stabilise and transition to independent ownership, During this period a new management team was established and the overhead cost base was optimised for the new business.
The acquisition was made more complex due to zero access to management or sites, a recalcitrant team unaware of the process, loss of a significant revenue steam and the duopolistic competitor, insisting on retaining the critical brand (Sitex), sitting as the ultimate vendor. The complexity which deterred others enabled an acquisition at an attractive valuation. Sullivan Street acquired Orbis Protect in 2013 in a Competition Commission-mandated disposal. Grow and diversify its revenue streams through launch of technical products and services.Enhance cost base and quadruple EBITDA over investment life.Significantly improve operator productivity to enhance gross margins.The business provides services such as personnel security, CCTV towers, alarm, and barrier rental to protect dilapidated properties owned by the public and private sectors. Orbis Protect (Formerly the UK operations of SitexOrbis Street acquired it) is a nationwide, leading provider of vacant property services in the UK. Leading provider of specialist security services to the UK vacant property sector
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