30 Apr 2024
Hyperion backed Ranger Fire and Security completes acquisition of IPH Fire Solutions, further enhancing its national suppression offering
Ranger Fire and Security has completed a pivotal acquisition of national fire suppression business IPH Fire Solutions Ltd, broadening and enhancing its fire suppression offering.
As the latest business to join the Ranger Group, IPH Fire will be crucial to Ranger’s strategy for creating a national platform that brings together the best and highest quality businesses in the fire and security sector.
The announcement follows on from Ranger’s launch and subsequent three acquisitions of Amerex Fire International Ltd, Ignis Fire Protection Ltd and Syncro Group Ltd.
Tuesday 30th April, London: Ranger Fire and Security has announced the latest acquisition of national fire suppression business, IPH Fire Solutions Ltd (“IPH Fire”).
Based in the North West, IPH Fire is an industry leader with national coverage in the fire suppression sector, providing comprehensive packages of fire suppression systems, including their maintenance and removal.
Founded in 2014 by Manging Director Niall Hackett, IPH Fire has continued to expand over the past decade, with the company specialising in designing custom fire suppression systems for all types of workplaces and commercial buildings, with a major focus on data centres, kitchens and restaurants.
Niall has been instrumental in the growth of IPH Fire, originally as an engineer driving across the country to ensure his clients were receiving the highest quality of service before he eventually grew out the team with like-minded individuals to help grow the proposition he worked so hard to create.
He will join the senior leadership team at Ranger Fire and Security to support the Group’s growth over the coming years. IPH Fire will play a critical role in Ranger’s wider strategy to provide a one-stop solution for fire and security services in what is currently a fragmented, highly specialised sector.
By joining the Ranger Group, IPH Fire will be able to offer both new and existing customers an enhanced and wider range of services. Alongside the acquisition of Amerex, IPH Fire will bolster Ranger’s fire suppression offering, in addition to its wealth of expertise across fire detection and security alarm services more broadly.
Prior to the completion of the deal, IPH Fire has already been successful in sharing new opportunities within the Ranger Group and operating the shared-service proposition that has improved the customer service and experience. The team are looking forward to continuing this going forward across all four of the businesses, and other new businesses as they join Ranger.
The announcement builds on Ranger Fire and Security’s initial three acquisitions of Amerex Fire International Ltd, Ignis Fire Protection Ltd and Syncro Group Ltd earlier this year, which together have helped Ranger to enhance its services in areas such as fire detection and alarms, extinguisher maintenance, suppression and security services.
Mark Bridges, CEO of Ranger Fire and Security, said: “IPH Fire is a very well-known national business that will add a very complimentary service to the Ranger Group.
“This is another major milestone for Ranger in our journey to bring the best proven companies together to provide customers with the highest quality of fire suppression service. IPH Fire provides Ranger with significant expertise and offers the most up-to-date and efficient fire suppression systems in the country. I have enjoyed engaging with Niall throughout the process and looking forward to working closely with him, as we share a similar optimistic vision for what Ranger can achieve in the fire and security industry.”
Niall Hackett, Director at IPH Fire Solutions, said: "Our decision to partner with Ranger over other companies was carefully considered and intentional. While we were exploring many options for the future of the business, ultimately Ranger was the best partner for us going forward given our mutual values and shared focus on providing a high-quality service for customers.
“Becoming part of the Ranger Group will enable us to further our scope of service and provide the best possible fire suppression offering. I’m looking forward to working with Mark and the rest of the team to enhance service delivery, explore new avenues for growth and foster collaboration."
Since launching, Ranger has embarked on a mission to establish itself as the leading one-stop solution provider in the fire and safety sector, offering a comprehensive range of services through both regional and national operations, providing a seamless customer experience.
Ranger has secured backing from the private equity investment firm Hyperion. With ample resources at their disposal, Ranger is well-equipped to pursue further investments, acquisitions, and enhancements, and are positioned for continued growth. The company has developed a comprehensive strategy for ongoing acquisitions throughout and beyond 2024.
Ranger was advised by Cortus for financial and tax due diligence, and Zum Mohammed and the Gateley team provided legal support on the transaction. PMM & Livingstons were acting on behalf of the sellers.
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About Ranger Fire and Security
Ranger Fire and Security is a company serving the UK's fire and security sector, with a mission to deliver greater innovation and enhanced services to customers. Launched by industry specialists and business services experts, it will bring together quality-led businesses operating in the UK’s growing fire and security market.
With the market more highly regulated than ever, Ranger will combine high-performance, high-potential fire and security businesses on one collaborative platform. With Ranger, UK businesses, charities and public sector bodies get total peace of mind that they can manage and fulfil their fire, safety and security regulatory obligations in one place.
For more information, visit: https://www.rangerfs.com
About Hyperion Equity Partners
Hyperion Equity Partners is a mid-market PE investment firm that focuses on executing buy-and-build strategies in industries with strong cashflows and high levels of recurring income. The firm was launched following the success of previously executed buy-and-builds, most notably Titan Wealth.
For more information, visit: https://www.hyperion-equity.com/
About IPH Fire Solutions
IPH Fire Solutions is a leading fire suppression distributor, providing a comprehensive package of fire suppression systems, including their maintenance and removal, for both the commercial and residential sector.
For more information, visit: https://iphfiresolutions.co.uk/