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What was once an idea during the pandemic became a booming business

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Premier positioned for growth following acquisition


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By Belinda Smart09 February 2021
Private equity firm Cabot Square Capital has acquired a majority shareholding in UK offsite construction company Premier Modular for an undisclosed sum.
Premier supplies rental and permanent offsite buildings for the education, healthcare, infrastructure, construction, and residential sectors. Last month it released full year financial results showing a 35 % rise in profit and confirmed it had earmarked £12m (€13.3m) to invest in its modular building rental flee ....

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Private equity firm buys majority stake in Premier Modular


By Jim Dunton2021-02-08T11:12:00+00:00
Cabot Square Capital says covid has driven surge in offsite construction
Investment firm Cabot Square Capital has acquired a majority shareholding in offsite construction specialist Premier Modular, which is currently working on a range of schemes including the construction of covid-19 testing sites.
Premier Modular last month said pre-tax profit was up 23.2% to £7m on turnover up a quarter at £65.7m in the year to June 2020.
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Premier Modular directors David Harris, Dan Allison and Craig Glover
In addition, to a multi-million-pound contract for the rapid construction of coronavirus testing sites, Premier Modular has just been awarded a £7m contract for a 62-bed ward building at St Peter’s Hospital in Chertsey, Surrey. ....

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