1 March 2023 – Soho Square Capital LLP (“Soho Square”), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, has today won Deal of the Year in Europe category in the Private Debt Investor Awards 2022 for its investment in specialist glass manufacturer Technical Fire Safety Group Ltd (“TFSG”).
Soho Square originally invested in TFSG in 2018 with a plan to drive growth through investments in R&D, enhanced manufacturing capacity and expansion into new geographies. During Soho Square’s investment period, TFSG grew rapidly with revenue and EBITDA both increasing threefold to become Europe’s market-leading independent fire safety glass specialist, producing, processing and supplying mission critical fire-rated products to over 1,300 customers across 40+ countries, in both the construction and refurbishment markets.
Consisting of senior capital and a minority equity stake, Soho Squares’ investment in TFSG was typical of the type of investment that it pursues in the UK and northern European markets.
Walid Fakhry and Stephen Edwards, Co-founders of Soho Square, commented:
“We are thrilled to have won this prestigious PDI award for our investment in TFSG. Together with TFSG’s capable management team, we delivered transformational growth across the business, with EV growing by 4x at exit. This award win is deserved recognition for all the hard work by the whole Soho Square team and TFSG.
“At Soho Square, we design investments to work perfectly for ambitious leaders we partner with, investing capital - typically in the form of senior or preferred capital with minority equity stakes - and know-how into their businesses to help them realise their personal objectives. Our investment in and partnership with TFSG is a fantastic example of this successful strategy.”
Read more about how we worked with TFSG to deliver its transformational growth here.
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For further information, please contact:
+44 (0)79714 75582
Charlotte Balbirnie Caroline Villiers
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About Soho Square Capital
Soho Square Capital is an investment firm focused on providing flexible capital solutions, typically in the form of senior or preferred capital with minority equity stakes, to established and growing UK and European SMEs. Headquartered in London, the firm is led by a highly experienced team that has been investing together for over 15 years, through many economic cycles and have the expertise and flexibility to invest up to £40 million in any given transaction, across the capital structure, from senior debt to equity. The team designs investments to work perfectly for ambitious leaders it partners with, investing capital - typically in the form of senior or preferred capital with minority equity stakes - and know-how into their businesses to help them realise their personal objectives.