Lodge Security has announced its acquisition of Ladbroke Security Services, a company with 120 staff and sales of £2.25 million. The business was founded in 1990 by the retailer Chinacraft to protect its assets and has expanded its services to include 30 independent customers.
Operating primarily in London and the Southeast, Ladbroke provides managed security services that include 24-hour concierge, front of house reception, guarding, remote video and CCTV monitoring, key-holding and patrol services.
Lodge Security is one of the UK’s Top 30 security service providers by size and third-generation family-owned business that will be celebrating its 100th anniversary in 2019.
Stuart Lodge, CEO, said:
“I am pleased to announce the acquisition of an operation that is highly complementary to our own specialisations and markets at Lodge Security. Ladbroke has maintained a strong reputation from its early years when it specialised in retail security; with its family values and high-quality service delivery, it offers a great fit and an asset to the group.
“Ladbroke has grown its corporate, commercial and construction customer base by combining a blend of manpower and technology solutions – a strategy very much in line with that of the Lodge Service group.”
Lodge’s services include: staff credentials checks; undercover investigation and surveillance; online counterfeit and fraud detection; retail test purchasing; compliance audits; mystery shopping and customer service measurement through its React CX division; recruitment for office administration and security staff; CCTV installation; remote alarm receiving and building management 24-7; and incident and case management software, Lodgic Live.