Irwin Mitchell’s Corporate Team Advises On Latest Deal
Nottingham-based Phenna Group has acquired Pavement Testing Services (PTS) as it continues to build a global portfolio of independent testing, inspection, certification and compliance (TICC) businesses that serve a variety of sectors.
PTS was founded in 2002 and is now one of the UK’s leading providers of highway infrastructure surveys, investigations and assessments. It has offices in Preston, Chichester and Sheffield and serves customers including Highways England, The Ministry of Defence, numerous Highway Authorities and airport operators.
The deal to buy PTS follows Phenna Group’s recent purchase of Singapore-based A-Star Testing & Inspection.
Corporate partner, Nick Dawson, along with Tom Wisniewski and Aidan Clucas from Irwin Mitchell’s Corporate team in Birmingham, advised Phenna Group on the PTS deal.
Expert Opinion“The Phenna Group is a highly acquisitive business which is determined to build a strong portfolio of testing, inspections, certification and compliance business across the world. This is another important step forward for the organisation and I’m sure this new partnership will provide a major boost for Phenna Group as it continues to expand within the TICC sector.” Nick Dawson - Partner
Paul Barry, Group CEO of Phenna Group said: “I am delighted that Tony and his highly experienced team have agreed to join Phenna Group. PTS have a very strong reputation for delivering high quality, niche services and the business will fully augment our rapidly growing Infrastructure Division. I’m excited to work with Tony and his team, to help accelerate the delivery of their plans.”
Tony Sewell, Managing Director of PTS, said: “I am delighted to partner with Phenna Group. At PTS , we operate with a strong ‘family value’ driven culture and finding the right partner was critical for us to both understand and respect that, whilst accelerating our very ambitious growth plans. Paul and the Phenna team have provided me with great confidence that they understand our business and aspirations and will fully support us to deliver them. They have been honest and transparent throughout the process and I’m excited about the future.”