Bolt-on acquisition by Emprise
24 November 2016Royal London Private Equity (“RLPE”) announces the acquisition of Southern Security Group (“SSG”) by Emprise Holdings (“Emprise”). The deal more than doubles the size of Emprise’s security and manned guarding activities.
The acquisition of SSG was funded by a combination of cash in the business and debt.
RLPE was the lead investor in the £26m MBO of Emprise in October 2003. Emprise is one of the UK’s leading providers of outsourced environmental and property services to major private and public sector clients. As well as Emprise’s security activities, other services include outsourced contract cleaning, waste management and pest control.
Richard Caston, RLPE
We have been working with Emprise over the past twelve months to identify strategic opportunities to grow the business both organically and through acquisition. The excellent reputation and capabilities of SSG place Emprise in a strong position to grow market share in the security market.
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