Empire Security Sold To Securiplan PLC
Empire Security
Securiplan PLC
Location
Sector
Business & Professional Services
Deal Type
Sale
Value
-
Empire Security to Securiplan plc
Securiplan has bought out retail guarding specialists Empire and the Midas Security Group.
Guarding contractor Securiplan has bought out £12 million-turnover Empire Security and the Feltham-based Midas Security Group as part of a concerted bid to gain significant market share in the retail sector. As a result of the deal, the Securiplan Group now boasts a combined annual turnover of £60 million.
The short-term plan is to integrate Empire and Midas within the Securiplan business, forming a specialist retail arm – likely to be called ‘Securiplan Retail’.
Set up in 1992, Bristol-based Empire Security’s 1,200 officers watch over branches of B&Q, Homebase, the Co-op and Mothercare as well as several prestigious sites owned by a number of recognised Blue Chip companies.
Bishopsgate Advisors
James McBain Allan
Partner
Sam Reynolds
Associate Director
Phillip Ullmann – Managing Director, Securiplan
We identified the need for a retail strand to our business some time ago, and we’ve received excellent reports from the marketplace concerning the ways in which Empire and Midas conduct their business.
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