Marlowe plc

Investec has been appointed as Joint Corporate Broker to Marlowe plc, the UK leader in business-critical services and software which assure regulatory compliance, with a market capitalisation of approximately £500m.

Our role

Investec has been appointed to promote and relaunch Marlowe’s equity story, broaden its shareholder register and support Marlowe’s growth ambitions by providing strategic advice.

About Marlowe plc

Marlowe is a leader in business-critical services and software which assure regulatory compliance. Marlowe was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services.

Marlowe recently announced the divestment of certain assets to Inflexion Private Equity, post completion Marlowe’s ongoing focus will be on driving growth, margin expansion and cash generation across its market leading businesses in the attractive Testing, Inspection and Certification (“TIC”) and Occupational Health (“OH”) markets.

The Group's TIC division is focussed on ensuring the safety and compliance of customers' business premises in accordance with relevant regulation and legislation. With a focus on fire safety & security and water & air hygiene, Marlowe’s comprehensive services cater to approximately 27,000 customers. This extensive support is delivered by around 1,900 specialists who consistently achieve best-in-class compliance rates, reinforcing its market-leading position. Operating on largely multiyear contracts, Marlowe’s offerings are underpinned by regulations making them mandatory which result in a high degree of recurring revenues.

Marlowe's Occupational Health division is the UK leader in the occupational health and wellbeing sector. The backdrop for the UK workforce is one that is getting older and progressively less healthy with an estimated £90bn+ lost through absence and presenteeism in the UK. In addition, the compliance burden for employers is significantly increasing. Marlowe’s comprehensive OH services improve the health & wellbeing of our customers' employees, minimising workplace risk and maximising corporate productivity. Services are delivered, often through multi-year contracts, by some 900 occupational health clinicians to over 3,000 customers. Similar to the TIC division, Marlowe ensures compliance with regulations, such as HSE, COSHH, Noise at Work Regulations and the Working Time Directive, which provides a high degree of recurring revenues.