HSBC and Ultimate Finance back management buy-out of Santia Asbestos Management Ltd. Additional long-term capital investment will support the development of IT systems during 2018, providing Santia with the platform to lead the market in asbestos and construction design management.
Santia commences its first year as a standalone business with a mission to deliver first class asbestos and construction design management excellence. First Order Red Ltd contracts are novated to Santia Asbestos Management Ltd and a brand refresh is underway to initiate the new Santia corporate identity.
Santia Asbestos Management Ltd including First Order Red Ltd become a standalone consultancy following a change in parent company ownership, from Alcumus Group to Santia Holdings Limited. Santia Asbestos Management Ltd now operates as an independent company, with its own strategy and its own Board of Directors. Craig Jones is appointed as Managing Director.
2015 – 2016
A process is undertaken at Alcumus Group to dispose of non-core activities including Asbestos Management, which sees a £1m revenue growth improvement and a 7% RoS improvement during the divestment process. The remaining Santia companies are integrated with the Alcumus brand.
Santia Consulting Ltd, now one of the UK’s leading providers of integrated health, safety and environment risk management services and SafeContractor, the UK’s leading contractor accreditation and verification scheme are acquired by Alcumus Group; an Inflexion Private Equity backed risk management and compliance business.
Santia Asbestos Management Ltd, the asbestos management division of Santia Group acquires First Order Red Ltd, an award winning asbestos management consultancy based in the East Midlands. FOR further strengthens Santia’s technical expertise, being the only laboratory in the UK which is UKAS accredited for asbestos fibre discrimination.
Santia Group ‘One business, one solution’ vision established, integrating all of the business units. Formation of a multi-disciplined line management structure and harmonisation process completed.
Connaught Compliance Services Ltd, the former NBG is re-branded to Santia which is acquired by Better Capital. Jane Hext appointed as CEO.
2010 – 11
Connaught Plc enters administration in 2010 but Connaught Compliance Services Ltd continues to trade due to its profitability and viability as a stand-alone business.
The FTSE 250 Company Connaught PLC purchases National Britannia Group for £91m. Seven other related businesses acquired enabling Connaught to become the UK’s leading provider of integrated compliance services. NBG is re-branded as Connaught Compliance Services Ltd (CCSL).
Lyceum Capital acquire NBG. Eight bolt-on acquisitions are made over two years, with an 81% sales increase to £49m. EBITDA rose from £3.1m to £8.6m and employee numbers grew from 270 to 770.
National Britannia Group (NBG) is formed; a software-enabled risk management consultancy providing compliance services to support corporate and public sector customers in safety, health and environment. The asbestos division was established accounting for a significant portion of the NBG turnover.