M&A Deal Summary

Petards Group Acquires RTS Solutions

On May 14, 2018, Petards Group acquired software company RTS Solutions for 2M GBP

Acquisition Highlights
  • This is Petards Group’s 2nd transaction in the Software sector.
  • This is Petards Group’s 0th largest (disclosed) transaction.
  • This is Petards Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2018-05-14
Target RTS Solutions
Sector Software
Buyer(s) Petards Group
Deal Type Add-on Acquisition
Deal Value 2M GBP

Target

RTS Solutions

Leeds, United Kingdom
website
RTS Solutions Ltd. is a specialist transportation software engineering company delivering stable and resilient, web-based, real-time safety critical applications, whose main customers are currently Network Rail and its Tier 1 contractors. It supplies end-to-end integrated solutions that support the UK rail network infrastructure by maximising effectiveness for operational, engineering and maintenance programmes. These solutions include incident and fault management, work site management, resource management, machine plant management, and asset/inventory management applications.

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Buyer(S) 1

Buyer

Petards Group

Guildford, United Kingdom

website

Category Company
Founded 1994
Sector Information Technology
Employees109
Revenue 13M GBP (2020)
DESCRIPTION

Petards Group is a provider of security, surveillance and communication technology solutions, currently operating in 3 key markets. Rail Technology, Traffic Technology and Defence Services. Company eyeTrain solutions combine to provide a digital on-train surveillance subsystem, which has been designed to help maximise safety and performance, assisting train operating companies and train builders to meet ever increasing passenger and industry demands. Company Automatic Number Plate Recognition (ANPR) camera based surveillance technology is used to monitor any situation involving traffic, from police speed enforcement solutions to public toll roads and digital signage for commercial premises. Petards Group was founded in 1994 and is based in Guildford, the United Kingdom.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (United Kingdom) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-14 QRO Solutions

Northampton, United Kingdom

QRO Solutions Ltd. is a provider of end-to-end Automatic Number Plate Recognition (“ANPR”) security and speed enforcement solutions to UK police forces and to integrators serving the police and security markets. QRO’s systems integration expertise enables it to offer fixed site, mobile, re-deployable and hand-held ANPR systems which can be integrated into its own back office management suite of software; Check-IT ANPR, Check-IT CSGS, Check-IT Handheld and Multimedia Vault.

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