Industrials: The British Engineering Services Group acquisition of Proviso Systems
Armstrong has supported the British Engineering Services Group, a market-leading UK testing, inspection, certification, & compliance (TICC) business, in their acquisition of Proviso Systems, a condition-based monitoring firm. British Engineering Services is an Inflexion portfolio business. This transaction follows BES’s earlier condition-based monitoring acquisition of PCMS in 2020.
Proviso Systems is a condition-based monitoring business established in 1995, located in Doncaster, providing specialist services such as vibration analysis, thermography, and oil analysis to customers nationwide. Proviso’s team of engineers work closely with clients in a broad range of sectors to monitor the state of their machinery, enabling proactive maintenance and preventing unexpected breakdowns.
Armstrong carried out customer referencing to assess the quality of Proviso’s customer relationships and explore additional areas where they can support them. Our work highlighted Proviso’s superior technical expertise, know-how, differentiated customer service, and further evidenced a trend towards the increased adoption of remote monitoring solutions.
Sebastian Lomax, Group Director of Acquisitions at British Engineering Services: “Understanding the strength and quality of customer relationships is critical when acquiring a business, so to have the Armstrong team alongside me to support with their market knowledge and insights is invaluable in making the right decisions. I look forward to working with them again soon on the next acquisition.”
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