Leading growth investor Synova is pleased to announce that, subject to regulatory approval, it has exited its investment in portfolio company Orbis Protect Ltd (“Orbis”), with the business receiving new investment from Tiger Infrastructure Partners. The transaction delivered a 3.2x return on invested capital for Synova Fund IV.
Since Synova’s investment in 2021, Orbis has established itself as the UK’s leading technology-enabled security solutions provider, delivering an integrated suite of services that helps clients protect their people, property and assets in dynamic risk environments.
The partnership with Synova has driven a period of transformational growth for Orbis, marked by expansion into Europe, entry into new market segments and continued development of its proprietary AI-enabled technology platform. During Synova’s ownership period revenue and EBITDA have grown by 172% and 214% respectively.
Ben Howard, CEO of Orbis, commented:
I would like to thank Synova for their support over the past 4½ years. Their insight, alignment with our ambition, and clear understanding of what makes the business distinctive have been instrumental in driving market-leading growth and strengthening our strategic position. Together, we have built a business with a compelling future whilst preserving the culture and values that define us. I am proud of what we have achieved together as Orbis looks ahead.