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03/2026MajorityLBO

Tiger Infrastructure Partners takes majority stake in Orbis Protect

UNITED KINGDOM Facility Management / Maintenance / Security & Guarding EV £300–700M

Context

On 31 March 2026, Tiger Infrastructure Partners entered into a definitive agreement to acquire a majority stake in UK-based critical asset and vacant property protection specialist Orbis Protect from private equity sponsor Synova Capital. The transaction marks the successful exit of Synova’s four-and-a-half-year holding period initiated in 2021, a cycle overseen by Partner Ben Snow during which Orbis generated a 172% increase in group revenue and a 214% expansion in EBITDA. Incumbent management rolled over a meaningful equity interest into the new capital structure alongside Tiger to maintain operational and governance continuity. The acquisition thesis centers on scaling Orbis’s technology-enabled site security platform across the United Kingdom and continental Europe via a programmatic buy-and-build strategy, while accelerating R&D deployment into its proprietary AI-driven surveillance, video analytics, and smart-sensor technologies. Acquisition debt financing was structured and raised by Lincoln International's Capital Advisory Group. On the buy-side, Tiger Infrastructure Partners was advised by Lincoln International as exclusive financial adviser, led by Managing Director and Head of Benelux Martijn Koops and Managing Director Vinod Stalam. On the sell-side, Synova and exiting shareholders were advised by financial adviser DC Advisory, with OC&C delivering commercial due diligence, PwC executing financial and tax vendor due diligence, and Proskauer Rose serving as legal counsel. The management team was advised by Jamieson Corporate Finance, with Squire Patton Boggs providing legal counsel. The transaction remains subject to customary regulatory clearances.

Orbis Protect, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of 10x–18x.

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Target

Specialist in dynamic security solutions and technology-enabled protection infrastructure, Orbis Protect provides essential services to critical national infrastructure clients, commercial vacant property operators, social housing providers, and construction firms across the United Kingdom and Europe. Headquartered in London, the technical operator maintains an extensive proprietary hardware network designed for rapid deployment across temporary and semi-permanent customer sites. The physical infrastructure explicitly incorporates a fleet of approximately 2,500 closed-circuit television towers alongside more than 4,000 active cameras and automated alarms. Furthermore, the commercial portfolio integrates physical containment assets, including specialized perimeter fencing and access barriers. To manage this dispersed hardware network, the security provider utilizes an internally developed, artificial intelligence-enabled monitoring and control platform. This technological architecture allows the company to systematically redeploy its tracking assets across multiple client sites, thereby generating high reoccurring revenue streams. Led by Chief Executive Officer Ben Howard, the operational framework focuses strictly on safeguarding valuable assets and personnel through a customized combination of physical interventions and digital surveillance technologies.

Ent. Value

£300–700M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2026
£50–100M
£10–30M
[members only]
2025
£50–100M
£10–30M
[members only]

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REFERENCES

Valuation range: EV £300–700M

Revenue range: £50–100M

EBITDA range: £10–30M

EV/Revenue range: 2x - 6x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Orbis Protect by Tiger Infrastructure Partners are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: orbis protect

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Orbis Protect, a British company specialised in Maintenance, by Tiger Infrastructure Partners in 2026, structured as a leveraged buyout (LBO).

How was the acquisition of Orbis Protect by Tiger Infrastructure Partners valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the £300–700M band, its EV/EBITDA multiple within the 10x - 18x range, and its EV/revenue multiple within the 2x - 6x range. Exact figures are available to members.

What were Orbis Protect’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Orbis Protect generated annual revenue estimated in the £50–100M range and EBITDA in the £10–30M bracket (FY 2026). Detailed financial figures are available to members.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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