NEWS EXTRA
(L-R) Chris Sutton, CFO at TIS, Lee Hewings, MD at NSP and James Twigg, CEO at TIS
“A decisive step forward” It was announced recently that independent systems integrator TIS had acquired NSP (Nationwide Specialist Projects), a smoke control and ventilation specialist. We take a closer look at the news and speak to TIS CEO James Twigg
T “The NSP management team brings significant industry knowledge and commercial expertise to TIS. We are excited to welcome NSP into the TIS family” 32
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he acquisition marked a significant milestone in TIS’ growth strategy and enables it to continue delivering its promise of bringing new, smarter, impactful technology solutions to customers that help to improve safety, reduce costs and streamline operations. The combined expertise of TIS and NSP will bring to the market a technology-agnostic, fully integrated, automated fire detection, alert and smoke control system for customers. The acquisition has been supported by Key Capital Partners (KCP) who themselves acquired a significant minority share in TIS in 2021.
NSP will become an important part of the TIS group and together, both businesses will complement and enhance each other, resulting in accelerated synergised growth. The 20-strong NSP team will continue to operate from its Kidderminster headquarters, expanding TIS’ West Midlands presence. TIS’ offices in Mansfield, Nottingham, Birmingham, Leeds and Uxbridge expands NSP’s reach to a national level. James Twigg, CEO at TIS, commented: “This acquisition is a decisive step forward for TIS, leveraging our recent growth capital to realise our broader vision of bringing processes and innovations that improve the way the world
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29/11/2023 15:24:58