Professional Security, the 25th largest security service provider in the UK, has completed the acquisition of Phoenix Security. This acquisition is the largest of its type for the company and will see its position in the hospitality sector strengthened by the move.
Established in May 2000, Newcastle upon Tyne based Phoenix Security focused on the provision of door supervisors nationwide. The company’s clients included major hospitality and food & beverage brands including McDonalds, KFC, Stonegate Group, Revolution Bar Group, Turtle Bay, Lane 7, Roxy Leisure and Mojos.
The acquisition will see Professional Security’s workforce balloon to 10,000 frontline personnel with Phoenix’s team being integrated into their four regional offices.
As part of the acquisition, Steve Howe, Managing Director of Phoenix Security will also move to Professional Security as Business Director. Of the acquisition, he is quoted as saying, “I’m excited to be moving on to the next chapter with Professional Security. As a combined entity, we will have an unmatched nationwide staff base and the biggest operational infrastructure in the sector.
“We are very much aligned on strategy for the business and the direction of the industry. We’re looking forward to combining best practise from both businesses to further strengthen the service we offer our valued client base.”
Dave Fullerton, Chief Executive of Professional Security said, “We are absolutely delighted with the acquisition of Phoenix. Phoenix is an exceptionally well-run business and its operational footprint perfectly complements our own. They have built up an incredible client portfolio and have an exceptional operations and frontline team, all of which we look forward to working with over the coming weeks, months and years.
“Steve’s appointment as business director will add further strength and industry insight to our senior leadership team.”
Professional Security was founded in 2005 and works with a wide range of clients including those in the hospitality field. They offer a wide range of services including manned guarding and door supervision, working with big names such as Asda, Wetherspoons and the NHS.