This article covers Preventr, a London-based proptech startup, which has secured a £10m Venture Debt facility from Growth Lending, with an initial £6.2m draw used to acquire Passive Fire Safety Solutions. The funding is intended to accelerate national expansion and a buy-and-build acquisition strategy to broaden installation and compliance services for landlords, social housing providers, the NHS, airports and large residential portfolios.
Preventr Services Group, a London-based proptech startup and portfolio company of Tandy Ventures, has secured a £10m Venture Debt facility from Growth Lending to accelerate national expansion and a buy-and-build acquisition strategy. An initial £6.2m tranche has already been drawn to acquire Passive Fire Safety Solutions (PFSS), giving Preventr immediate capacity to broaden its installation and compliance services across regulated property sectors.
The deal comes as building safety and compliance remain high on the agenda for landlords, social housing providers and public bodies. By combining specialist manufacturing, installation and data tools, Preventr aims to offer a more integrated service for complex environments such as social housing, the NHS, airports and large residential portfolios — markets where regulatory scrutiny and liability are intensifying.
For the wider market, the transaction illustrates two trends: increased use of venture debt and structured lending to fund acquisitions, and investor interest in businesses that pair physical services with data-driven tooling to address regulatory burdens.
Preventr began as a fire door manufacturer and installer and employs around 75 people across the UK. The PFSS acquisition bolsters the group’s installation and compliance capabilities so it can deliver passive fire protection at scale, from manufacture to on-site fitting and certification.
The company is also rolling out bespoke AI-powered technology to analyse clients’ building safety data. That tooling is intended to help prioritise remedial work, address compliance backlogs and improve productivity for engineers — positioning Preventr as both a service provider and a data operator in the fire safety value chain.
The £10m funding package is structured to support further acquisitions and investment in operational capacity, talent and technology as the group expands its national footprint.
The facility is provided by Growth Lending and categorised as Venture Debt. Growth Lending supplied an initial draw of £6.2m for the PFSS purchase, with a total facility size of £10m to underwrite further M&A and internal transformation.
The transaction was introduced by Langdon Capital. Professional advisers included FRP, which provided due diligence support; Wilson Partners, which advised on tax due diligence; Browne Jacobson, which acted as lender counsel; and JMW Solicitors, which advised the borrower. Preventr itself is a portfolio company of Tandy Ventures.
In the announcement, Adam Brinn, Managing Director at Growth Lending, said:
Preventr operates in a market supported by clear structural drivers and has built a strong reputation for providing high-quality, compliant fire safety solutions. This transaction supports a compelling buy-and-build strategy led by an experienced management team and enables the business to scale its capabilities while delivering positive social impact through improved fire safety standards.
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In the announcement, Jamil Anakkar, Founder and Chief Executive of Preventr, said:
The financial support provided by Growth Lending has enabled us to accelerate our pace of growth through acquisitions as well as internal transformation projects, helping us to position as a leader in the UK fire safety marketplace.
The acquisition of PFSS is an important milestone for the group as it complements our existing fire door manufacturing capability. We now have the ability to offer full-scope passive protection services on a national basis, strengthening our proposition to clients who require trusted partners capable of delivering at scale.
Anakkar’s comments underline the dual focus of the deal: inorganic growth through targeted acquisitions and investment in technology and people to improve delivery and compliance.
The funding reflects a broader move among UK property services firms to stitch together physical delivery with data analytics as regulation tightens. For lenders and investors, businesses that can credibly combine on-the-ground operations with software-driven workflows are increasingly attractive because they offer recurring service revenue and efficiency gains.
At a market level, the transaction is another sign that venture debt and specialised lending are filling a financing niche for startups and private companies pursuing buy-and-build strategies without immediate equity raises. For the UK and European ecosystem, deals like this will be watched as indicators of how capital structures evolve to support consolidation and digital transformation in heavily regulated sectors such as building safety.
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