PHS is a leading provider of workplace services in the UK, offering rental and servicing of workplace items in five main areas: washroom services, dust mat services, live and replica plants, point of use water dispensers and crate rentals. They provide services to an extensive contracted client base including retail, leisure and local government and employ over 2,000 people. It is a customer-focused, sales driven organisation with separate sales and service operations for each of the businesses and centralised marketing, finance and administration. PHS is to be taken private by private equity group Charterhouse, which is offering 115p a share in cash. Shareholders will also retain the 1.36p final dividend in a deal that values PHS at £600 million.