The Pogir Group is pleased to announce the acquisition of 25.1% of its business by Sphere Holdings, a high performance, empowered, investment holding company.
Sphere Holdings has an impeccable investment track record spanning two decades. The company invests in partnerships with quality, privately owned businesses across a range of strategic sectors. Sphere’s investment portfolio includes BBD, a software development business with significant experience in financial services and telecoms. Sphere also holds investments in the local subsidiaries of various blue-chip multinationals such as Babcock, Honeywell and Pandrol, amongst others.
For Pogir, Sphere Holdings brings a wealth of technical expertise, and an ability to drive further strategic and operational excellence within the Group. This partnership will allow Pogir to increase business opportunities and realise meaningful returns and value for all stakeholders.
Importantly, Sphere’s empowerment credentials and ownership stake advances Pogir’s transformation objectives, which will in itself unlock opportunities for the Group.
Darren Pogir, Director at the Pogir Group says: “Sphere’s credentials and track record as a strategic and technical partner are impressive.
It is our close alignment in our culture and values, as well as a shared vision of the future, that confirmed that Sphere was the right long-term partner for us.”
Mohammed Sabi, Director, Sphere: “The Pogir Group’s leadership team has built a meaningful business through providing its clients with a personalised and tailored service – an uncommon approach in today’s modern business environment. We look forward to this partnership and in particular, in working with the leadership team to build on the success they have enjoyed over the last 5 decades.”
