Tiger Infrastructure Partners takes majority stake in Orbis Protect
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 in 2026, is valued in this transaction at an EV/EBITDA multiple of , representing a level the average currently observed in the Business Services sector (11.4x).
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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.
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REFERENCES
Valuation range: EV 300M - 700M GBP
Revenue range: 50M - 100M GBP
EBITDA range: 10M - 30M GBP
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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
Acquirer: tiger infrastructure partners