Ashley Bancroft, a founding Partner of H&Hendricks LLP, discusses how to value security businesses in this tumultuous business environment and what metrics you should be looking at. I’m sure you know the one about revenue being vanity, profit being sanity but cash always bei...

Northwest Region focused security service provider, Parallel Security has announced the acquisition of Lichfield-based, Oakwood Security Solutions. Originally incorporated in 2011, Oakwood Security Solutions provided alarm response, manned guarding, CCTV monitoring and other security services to Lichfield, Birmingham and the surrounding areas. Of the acquisition, Parallel Security’s Managing Director, Francis Johnson said, “The majorit...

Capricorn Security announced last week that it had successfully completed the acquisition of long running keyholding and alarm response business, Delta Elite Keyholding. Originally founded in February 1981, Delta Elite Key Holding has served the Greater Manchester and Northwest region for over 40 years. Capricorn Security, who also serve the same region, have seen their portfolio of clients expand as well as their fleet of vehicles follow...

Secureway training & Solutions have rebranded to Nexus FM. Secureway training & solutions who was formed in 2017 and have now rebranded to Nexus FM after being acquired by new owners. Secureway was formed in 2017 and specialised in man guarding, training and technology. The rebranding and new ownership will allow the company partners to develop Nexus FM into a leading and ambitious total security and FM provider within the UK. Sean Penningt...

Atalian Holding Development & Strategy ("AHDS"), the majority shareholder of La Financiere Atalian ("Atalian"), and the minority shareholders of Atalian, have received a binding and irrevocable offer from Clayton, Dubilier & Rice (“CD&R”), a global private investment firm, for the acquisition by CD&R of the entire share capital and voting rights of Atalian, one of the world leaders in facility management. The proposed transaction wil...

*Press Release* The retail sector continues to operate with an evolving security threat profile. Increases in violence and abuse towards frontline workers, combined with losses through shoplifting and petty crime mean security remains firmly in focus of the modern retailer. According to the British Retail Consortium Crime Survey Report 2022, retail crime cost the industry £1.5 billion in 2020/21, with a staggering 1,301 incidents of violent or abusive incidents every day. Brendan Musgrove is Managing Director of retail security sp...

ABM, a provider of integrated facility services and solutions, today announced it has completed the acquisition of Momentum Support (“Momentum”), headquartered in Dublin, Republic of Ireland, in an all-cash transaction. Momentum is a leading independent provider of facility services, primarily janitorial, across the Republic of Ireland and Northern Ireland. Momentum generated annual revenue of approximately $70 million in 2021 and has a workforce of 2,300. Th...

Amthal has completed its acquisition of majority shares in Integrated Protection Maintenance Services Ltd (IPMSL,) a Midlands based, leading provider of fire safety and security solutions. IPMSL majority shares have been acquired by Amthal as part of a combined growth initiative, presented to ensure the joint venture, fire safety and security specialist can offer expert solutions across a greater coverage of the UK. With over 20 years combined experience, I...

Bidvest Noonan, a leading provider for services such as security, cleaning and Front of House, has significantly expanded its footprint in the UK and Ireland in recent years. In 2021, the group identified Cordant Services as a highly compatible business, with both businesses operating in the same market segments, offering a similar range of services and taking client-centric approaches to solution design and service delivery. In May of this year, Cordant ...