Triton Group has announced the successful completion of a multimillion-pound Management Buyout (MBO), led by Lauren Paver and supported by Close Brothers. This development marks a significant transition for the company, including a move toward majority employee ownership. The shift reflects a focus on growth, innovation, and creating opportunities for employees to advance within the organisation.
Established in 2003 by Graham Foxcroft and Ashley Wood, Triton Group has grown into a prominent UK provider of security and risk management services, with an annual turnover of £65 million. Founders Graham and Ashley have expressed confidence in the leadership team and the future direction of the company under Lauren Paver’s guidance.
“We have every confidence in Lauren and the new leadership team as they take the helm at Triton Group,” Graham and Ashley stated. “It is with great pride that we hand over the reins, knowing that the business will continue to grow under their guidance. We look forward to seeing Triton Group continue to succeed in the years to come.”
Lauren Paver, reflecting on the transition, stated: “I’m incredibly proud to lead Triton Group into this new chapter. Moving towards employee ownership is not just a business decision; it’s a reflection of our belief in the people who make Triton exceptional. Our leadership team is committed to driving innovation, diversifying our services, and pushing the boundaries of what’s possible in our industry.”
The MBO is supported by a leadership team that includes:
- Lauren Gibson, Head of People & Culture
- Mark Crowther, Operations Director
- Jamie Manojlovic, Group Commercial Director
- Simon Chinnock, Waking Watch Director
- Joanne Hemingway, Head of Finance
This team has outlined a strategic vision to grow revenue to £100 million over the next three to five years. Plans include expansion into new geographical markets, such as Scotland and Ireland, and diversification into areas like fire systems.
As Triton Group enters this next phase, the company remains committed to providing high-value services to customers while fostering a strong, employee-focused culture.