Benchmark International Successfully Facilitated the Transaction Between T.S.G. Associates LLP and Protect Medical Group

Benchmark International is pleased to announce the acquisition of TSG by Protect Medical.

Founded in 1999 and headquartered in Halifax, UK, TSG develops and sells products for mass-casualty incidents, triage, and casualty evacuation. Its customers span ambulance services, fire and rescue organisations, military users, hospitals, police forces, NGOs, and international aid organisations.

Borromin-backed Protect Medical is a fast-growing consolidator in emergency medicine, first aid, and wound care. The company is pursuing a buy-and-build strategy to position itself as a leading European platform for emergency medicine, first aid, and rescue solutions. This acquisition marks Protect Medical's eighth add-on, following seven completed between 2019 and 2025.

Borromin is an independent private equity investor focused on German-speaking Europe and Benelux. It is backing the roll-up through its Capital Fund IV, which draws support from the European Fund for Strategic Investments. The transaction reflects steady private-equity-led consolidation in a fragmented emergency-care market.

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The acquisition strengthens Protect Medical’s rescue, tactical, and EMS divisions, adding specialist expertise in mass-casualty management; triage and incident command; casualty evacuation; and operational preparedness.

Joining Protect Medical gives TSG the opportunity to combine its expertise with the group’s growing international network of companies, products, customers, and distribution partners.

Antonio Ciardella, CEO of Protect Medical, commented: “TSG has built a strong reputation among emergency services, defence organisations and international aid customers for robust, practical and reliable products. Together, we see significant opportunities to broaden the reach of TSG’s solutions and to offer our customers an even more comprehensive portfolio across rescue, tactical and EMS applications.”

Marie Bradley, former shareholder at TSG, said this about working with Benchmark International:

"We would highly recommend Benchmark International to anyone considering selling their business. Throughout what was a lengthy and, at times, challenging process, Will Sloan demonstrated exceptional patience, professionalism and commitment. His persistence and dedication were invaluable, particularly during the periods of uncertainty when it would have been easy for momentum to be lost. His commitment to achieving the right outcome for us was clear, and we are very grateful for the support he provided from beginning to end. We were also impressed by the wider Benchmark team. This level of communication and teamwork gave us confidence that the sale was being managed effectively at every stage. We would like to thank Will and the entire Benchmark International team for their hard work, patience and professionalism in helping us achieve a successful sale of TSG Associates LLP."

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