SPS is the UK’s largest provider of promotional merchandise, supplying over 2,000 independent distributors in the UK and Europe, and employs over 300 staff. The Company operates out of a 90,000 sq. ft. site in Blackpool with manufacturing, branding and storage facilities.
Maven led the management buy-out of SPS from 4imprint Group plc in February 2014 to support its strategy of growing the business organically and by acquisition. Following Maven's investment SPS achieved impressive growth, through a commitment to innovation, operational excellence and new product development. Maven also supported the SPS management team in identifying and acquiring two high quality bolt-on acquisitions, High Profile in June 2015 and T.E.C. in November 2015, which consolidated the enlarged business as the UK market leader in the promotional products industry.
In December 2017 Maven made a profitable exit from SPS, delivering a 3x return on funds invested in 2014. SPS was acquired by Polyconcept Group (PFC), a US multi-national backed by Charlesbank Capital Partners, a US mid-market private equity firm. PFC is the largest promotional products supplier globally, selling into over 100 countries.