Altair set to expand

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Altair-partnersNow in its fifth year of trading, Altair Ltd has grown rapidly as a business, working last year with 130 clients on over 350 assignments.

It has long been an ambition of the Altair Directors to expand the business to become a ‘one-stop shop’, able to offer as wide a range of high level professional support services as our housing sector clients require. In order to achieve this ambition, Altair Ltd has today sought a stock exchange quotation by transferring its business to General Industries plc, a non-trading company which is listed on the London Stock Exchange.

Quality has been a hallmark of Altair’s growing reputation, and the listing will give us the ability to continue investing in quality staff, resources and technology to deliver the same high levels of service. As well as this strong platform for ongoing growth, the listing will also enable us to continue investing in our research and thought leadership activities – which have underpinned Altair’s brand and added value to our many clients.

Talking about today’s stock exchange listing, Altair Chair Jeff Zitron said; “Several months ago, the opportunity arose to transfer Altair into a holding company, General Industries plc, which was quoted on the London Stock Exchange and holds a significant cash balance, but has never traded.”

He went on to say “We’re keen to build on the strong ethos of the business moving forward. One illustration is that we use an investor model, based on the John Lewis Partnership, which means that many of our staff also have a stake in the company and share the values of the Company’s founding Partners, for top level expertise, quality and thought leadership. We feel this is vital to the continued growth and success of the business, as it gives us a strong and consistent platform on which to expand our services and client base.”

If you would like to speak to us about this news, please feel free to contact Altair’s partners:

Steve Douglas – 07810 152 840 | steve.douglas@nullaltairltd.co.uk
Susan Kane – 07870 685 891 | susan.kane@nullaltairltd.co.uk
Fiona Underwood – 07788 643 092 | fiona.underwood@nullaltairltd.co.uk
Chris Wood – 07932 693 292 | chris.wood@nullaltairltd.co.uk