Paladin Group’s four subsidiaries provide property support services, including management, inspection, testing and maintenance, and its activities include managing residential properties above high-street shops on behalf of building owners. The company was founded in 2000 by chief executive Tim Saunders and in 2006 NVM Private Equity invested £3.5m for a 32% stake. It has funded several subsequent acquisitions, including the £2.7m purchase of an electrical testing business last year. Recent growth has been helped by lenders asking Paladin to manage properties taken into receivership, with the company doing everything from handling end-of-tenancy agreements to selling the vacant properties. Sales at the Bath firm have grown 170% a year from an annualised £1m in 2006 to £20.5m in 2009.
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