CBPE has taken a majority stake in Tetra Consulting (“Tetra”), a market-leading provider of property risk management services and software.
CBPE has taken a majority stake in Tetra Consulting (“Tetra”), a market-leading provider of property risk management services and software.
The acquisition has been made alongside Management to enhance Tetra’s market leadership and support growth through strategic investment in service expansion and technological development.
Tetra, founded in 1998, provides expert advice and training to the UK’s largest managing agents and property owners across Health & Safety, Fire, Building Safety, Water and Asbestos. Headquartered in London, the business operates nationally through its team of fully employed consultants and now employs over 200 people across the UK.
A key differentiator to Tetra’s service delivery is its proprietary risk management platform, PRISM, a modern, cloud-based solution, used by customers and consultants alike to manage their regulatory “Golden Thread” requirements and streamline their internal property management workflows.
CBPE is delighted to be backing a strong and highly experienced team, led by Paul Sadlier, CEO, to drive the business forward by deepening current client relationships while extending the proposition into new verticals over the coming years.
We wanted an investment partner who truly understood the culture and DNA of our business – especially our focus on our people and our clients – and who backed our strategy and leadership. CBPE stood out from the start of the process. We’re delighted to have completed the deal and excited about what we can now achieve together.
We are thrilled to be partnering with Paul and the team at Tetra. It’s a business with a clear market leadership position, strong growth momentum, and a culture of technical excellence and outstanding customer service. With increasing regulatory demands and a growing shift toward tech-enabled compliance, Tetra is exceptionally well placed to continue delivering for its clients. We’re excited to support the team in this next phase of growth.
Terms of the transaction were not disclosed.
CBPE’s investment in Tetra was led by Ben Lewis alongside Maximilian O’Connell, with support from Jolyon Latimer and Daniel Rossell. Ben Lewis and Maximilian O’Connell will join the Board post-completion.
The transaction was supported by KPMG (M&A), CMS (Legals), BDO (Debt Advisory), PwC (FDD, CDD, Tax & Structuring), GK Strategy (Political), Howden (Insurance) and Anthesis (ESG). Management were advised by Stevens & Bolton (Legals). Financing was provided by UK private credit investor, TDC, who were advised by Addleshaw Goddard (Legals).
