TBT Technologies

Product

Equity

Funding use

Product Development

Sector

Smart Building and IoT technology and solutions

Amount

£1.75m

Fund

North West Private Equity Fund

Summary

Tyrrell Building Technologies Group Limited (TBT Group) is a market-leading developer of smart building and IoT technology solutions. Headquartered in Leigh with offices in London and Dubai, the company serves blue-chip clients including Rolls Royce and Lumen through three specialist divisions: Tyrrell Products, Tyrrell Systems, and Tyrrell Analytics.

The funding has accelerated TBT Group’s expansion through advancement of Halo Smart IoT, a pioneering wireless energy saving and compliance reporting technology platform, and the expansion of the Tyrrell Analytics smart buildings monitoring and reporting IoT platform. The investment will also enhance core business offerings and accelerate strategic partnerships with Intel and Red Hat, supporting the development of next-generation building control systems. Additionally, the funding will enable key strategic hires as the business scales its operations across the North West region.

TBT Group’s solutions help clients deliver significant cost savings, increase efficiency, monitor estates effectively, and achieve ESG goals through intuitive data insights. The company is currently working with Northern UK customers including Merseyrail, Gentoo, and various Welsh County Councils, with regions benefiting from the funding through expanded operations and job creation.

“This investment marks an exciting new chapter for TBT Group. River Capital’s support is instrumental for expanding products and services essential in meeting the growing demands of the Smart Building space.”

Ged Tyrrell, CEO, TBT Group

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