Douglas-Jones Mercer’s corporate team are pleased to have added another major transaction to its impressive deal list during the first two quarters of the current financial year.
Securus Group have been on a buy and build strategy for some time and Security Centres joins the likes of Goldshield Electronic Security, CEL Electrical Logistics, Diverse Communication Services, Suffolk Electrical Services, AIS Total Security, Rodgers and TFS as part of the Securus Group. The deal was funded by a multimillion-pound finance package from Natwest.
Security Centres was established in 1985 and was developed by Graham Rees and Simon Philips into one of the largest privately owned fire and security companies in the UK.
Simon Philips of Security Centres commented:-
“Having decided to engage the services of DJM to assist us in the disposal of our company it was essential that they fully understood the need to complete the process within the set timeframe. It was evident from the outset that they fully understood our requirements, their professional approach to all key areas was faultless.
We would like to thank Sheraz and his team for all their help and assistance.”
Sheraz Akram Director and head of Douglas-Jones Mercer’s Corporate and Commercial team commented that “Graham and Simon had built a significant and highly profitable business, the transaction will ensure that continued aggressive growth can be achieved throughout Wales and beyond. DJM were pleased to have advised on the transaction”.
See Insider article published 28th Jul 2014 at 08:45am