PIMS, which is based in Farnborough, has been acquired by
Gresham led a £12m buyout on December 2004, backing managing director Charlie White, and has since backed the company’s expansion, resulting in a doubling of its sales figures in three years.
It now employs 114 people, up by a third from 2004. In 2007 the company sold and installed over 700 pumping stations and provided service and maintenance for more than 5,000 residential, commercial and industrial sites. Its historic growth rates of 13% year on year are set to continue according to a statement by Inflexion.
The waste water marketplace is highly fragmented and is estimated to be worth about £725m last year, rising to £1bn when service, installation and consultancy services are added to product sales.