Headquartered in Hull, UK, The Project 55 is the parent organization of a group of multi-sector companies, including the national procurement framework agreement provider Pagabo, risk management and compliance software company Sypro, social value specialists Social Profit Calculator, and digital training platform Tequ. The group as a whole focuses on software and services for the public and private sector construction market.
Since the GP’s initial investment, all the companies have been brought together under a formal group structure and combined into a single office location, enabling harmonization of key functions and systems. The group invested heavily in core finance, IT, marketing, and sales functions, with a new outbound marketing team that significantly increased business opportunities and new partnerships, increasing more potential overseas. Moreover, a Chairman, CFO, and CTO were hired, with the latter being instrumental in executing the value creation plan.