Acquisition will strengthen company’s presence in the South of England & support its growth
Regency Security, one of the UK’s largest Private Security Companies, has announced the acquisition of leading Private Security Company, Securidoor UK Ltd, based in the City of Southampton, Hampshire. The transaction is of major significance for the Private Security Industry and means Securidoor will now form part of The Regency Security Group.
The acquisition is the result of negotiations initiated by Regency Security as part of its ongoing strategy of expansion and is a natural progression for the rapidly growing business that already operates throughout the UK, with offices located in Essex, Suffolk, Norfolk and Birmingham.
The acquisition will serve to strengthen the company’s already strong presence in the South of England, as well as support its well-established and growing client base in the region. The company also has a number of other acquisitions in the pipeline with plans to carry out further expansion in the North of the UK.
The acquisition of Securidoor UK Ltd is a strategic win for Regency Security Group. With over 20 years of experience, Securidoor is well-respected within the Private Security Industry in the South Coast of England and is a healthy and profitable business. The company was also an ideal candidate for acquisition because it operates under a similar business model to Regency Security and shares the company’s strong focus on delivering quality and professional standards that surpass industry and client expectations.
Becoming part of Regency Security Group will enable Securidoor to further complement the wide range of security services the company already provides to blue-chip clients throughout the UK and will ensure clients benefit from even higher levels of service and a wider range of service capabilities. As part of the new venture, Regency Security will also be investing £1 million into modernising Securidoor’s current infrastructure to produce a state-of the-art facility.
Gary Powers, Managing Director of Regency Security Group, said, “Securidoor has a solid growth trajectory and high potential for ongoing development within the South of England. Its reputation for excellence in the delivery of security services and its relationships with key stakeholders provides the perfect platform for us to build on both now and in the future. The continuity of a vibrant management team also allows for a seamless transition to Regency Security Group ownership as we continue our expansion strategy into new locations across the UK.”
Sean McCarthy, Director of Securidoor UK Ltd, said, “We are very pleased that the hard work and dedication of our team in delivering the highest quality security services has been recognised by one of the leading players in our industry and that this has resulted in our selection as one of their premier acquisitions.”
“Regency Security’s strong infrastructure provides us with an unrivalled opportunity to expand our service capabilities and extend our security expertise to an even broader client base. We are thrilled that this new venture has resulted in us becoming part of the largest Private Security Company in the UK.”