Acquisition follows investment by Erisbeg private equity in ORS in January.
Building consultancy business ORS has acquired Waterford and Kilkenny-based fire safety and disability access consultancy GSP Fire for an undisclosed sum.
In January private equity business Erisbeg acquired a majority stake in ORS. Erisbeg is currently deploying a €110m investment fund targeted on Irish businesses with significant growth potential.
“This collaboration strengthens our capabilities, diversifies our offerings, and generates new opportunities for our teams and clients alike”
Erisbeg provides follow-on finance to enable investee companies complete their own acquisitions to support their growth ambitions.
ORS has operations in Dublin, Cork, Galway, Mullingar and Donegal.
Fire safety expertise
Following the deal, ORS will gradually assume operational control of GSP Fire.
The business said the emphasis is on creating a seamless integration process that maintains stability and fosters collaboration, benefiting employees and clients from both entities.
“This collaboration strengthens our capabilities, diversifies our offerings, and generates new opportunities for our teams and clients alike,” said John Brennan, managing director of ORS.
“The alignment of ORS’s multidisciplinary services with GSP Fire’s fire safety expertise positions the company to provide comprehensive solutions that meet evolving industry demands.”
During the transition, ORS and GSP Fire will ensure uninterrupted services for existing clients.
“Our focus on clients and quality services remains steadfast,” Ger Hodson, director of GSP Fire said.
“Partnering with ORS not only broadens our expertise but also reinforces our commitment to client value and work ethic. Together, we look forward to achieving sustained growth and success.”
Main image at top: Brain Collentine, Director, ORS; John Brennan, Managing Director, ORS; Ger Hodson, Director, GSP Fire; Lory Holland, Director, GSP Fire; Joe Twomey, Director, GSP Fire
