Churchesfire Receives over £40M Investment from Lyceum Capital

Churchesfire, a Southampton, UK-based provider of fire safety compliance services, received an over £40m investment from Lyceum Capital.

The management team led by founder Paul Topley will be re-investing alongside Lyceum as the company invests for expansion.

The company will use the funds for continued growth through developing its technology platform and expanding sales and marketing activities and accelerating its buy and build strategy in the UK, increasing geographical coverage and adding new capabilities to its existing offering.

Founded in 1992, Churchesfire provides a full range of fire safety compliance services to over 8,000 commercial customers, from fire risk assessments and safety training to the service and maintenance of fire protection systems.
Over the past three years, the company has grown revenues at over 30% per annum and generates over £5 million EBITDA. It employs over 140 people.
Customers include Audi, B&Q, Dairy Crest, Specsavers, Royal Mail and the Post Office.

HSBC provided debt for the transaction and further committed facilities for acquisitions, alongside Lyceum.

The Lyceum Capital team was led by Adam Lewis who joins the board alongside Development Partner Mark Rogerson, and included Ian Williams, Alistair Gray and Anne-Claire de Pompignan.



Join the discussion