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Guarding

Security 2000 Ltd acquired

by Mark Rowe

Swindon-based SSGC has acquired Security 2000 Ltd, a family-run guarding firm which works around Bristol, Avonmouth, Clevedon and Wiltshire. This means SSGC has added mobile patrols and key-holding to its list of services. The firm says it’s the first deal in its acquisition drive. SSGC has introduced a new customer to Security 2000, becoming the preferred supplier for the South West for a national provider of keyholding and alarm response services.

David Stubbs, CEO of SSGC, pictured, said: โ€œOne of the main focuses of our acquisition drive is acquiring businesses that are looking for external backing to support their own growth prospects. Thatโ€™s exactly the case with Security 2000, who weโ€™re delighted to welcome to the SSGC stable as our first completed acquisition deal.

โ€œThe company has an outstanding reputation for professionalism and service across a range of sectors and thatโ€™s an undoubted position of strength to build from.โ€

Security 2000 is a Security Industry Authorityโ€™s (SIA) Approved Contractor. Security 2000 director Richard Rees said: โ€œWeโ€™re responsible for protecting industrial and trading estates and an ever-increasing portfolio of business and residential clients across the South West. Itโ€™s why this partnership with SSGC comes at a great time for us as we continue to grow.

โ€œOur client retention is probably the highest within the security industry and some of our clients have been with us since our first day of trading. Weโ€™re delighted to be working with David and his team at SSGC.โ€

Mike Lloyd and Tanya Wilson, partners in Haines Watts chartered accountants, were both involved in advising on the transaction. Mike said: โ€œWe were both pleased to assist and advise on the transaction and are delighted that we were able to help in bringing it to a successful conclusion. We wish all parties every success going forward.โ€

Visit www.ssgc-net.com.

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