6 Nov 2024
Hyperion-backed Ranger Fire and Security expands footprint in Scotland and North-East England with Secureshield acquisition.
Hyperion Equity Partners – a private equity investment firm – has announced that Ranger Fire and Security has acquired Motherwell-based fire, security and critical services company, Secureshield.
This marks a significant milestone for the Hyperion-backed Ranger Group, building out its footprint in Scotland and North-East England, and extending the Group’s service coverage.
The acquisition further helps to establish Ranger as a market leader in the fire and security sector, with Hyperion providing the capital to execute its successful buy-and-build strategy.
Wednesday 6th November 2024, London: Hyperion Equity Partners, a private equity investment firm that backs Ranger Fire and Security, has announced the latest acquisition of Motherwell-based fire, security and critical services company, Secureshield.
The acquisition marks another milestone in Ranger’s continued growth and expansion, with Secureshield building out the Group’s footprint in Scotland and North-East England - furthering Ranger’s mission to become the key player in the UK and European fire safety markets.
Hyperion focuses on executing buy-and-build strategies in fragmented industries that demonstrate high recurring revenues. Ranger was launched earlier in Q1 this year in response to the highly skilled but fragmented nature of the fire and security market to create an industry leader with a focus on maintenance and servicing across the UK and beyond.
Since its launch, Ranger has acquired seven businesses across the UK and Ireland, bringing together high performing businesses to share resources and cross-selling opportunities - creating a one-stop solution for fire and security needs.
Founded in Motherwell, Scotland in 2020 and with a second base in Newcastle, Secureshield operates nationally, building a reputation for its high-quality service and robust customer and client base, from SMEs to larger corporate clients across both public and private sectors, such as the Ministry of Defence (MoD) and NHS.
Secureshield has a seasoned management team that will bring a wealth of experience to the Ranger Group. The company is led by Managing Director John Hunter, who will continue running the business, and assume the position of Regional Chair for Scotland and the North East of England. Following Ranger’s strategy and criteria to find the right team to back, Billy Hunter (Sales), Lorna Forsyth (Finance) and Rory Walker (Operations) will all stay onboard and will be key to enabling future growth.
Hyperion is providing the funding capacity to make acquisitions and invest in the Group’s infrastructure as part of its mission to provide a single platform for the fire and security needs of businesses across the UK and Ireland.
Paul Mahon, Partner, Hyperion Equity Partners, said: “This is another significant acquisition for Ranger with northern expansion a priority, as we seek to build Ranger’s presence in all corners of the UK and beyond."
“Secureshield are a well-respected and highly skilled business, and we are extremely pleased to have kept John and his experienced management team on board, and their ambition and vision to grow Secureshield makes for a strong partnership with the Ranger team.”
Appointed by Hyperion, Ranger’s leadership team is composed of leading service industry executives and fire and security sector experts, including CEO, Mark Bridges, the former CEO of Pimlico Plumbers and Domestic and General’s International CEO, and Group Managing Director, Ian Teader, a former national committee member of FSA and experienced operator within the fire and security industry.
Mark Bridges, CEO of Ranger Fire and Security, said: “Secureshield is a highly respected key player in the fire, security and maintenance space. Their joining of the Ranger Group will expand our geographic reach and industry expertise."
“With a strong management team led by John, Billy, Lorna, and Rory, this acquisition provides us with a fantastic opportunity to drive further growth and cross selling opportunities – helping Ranger on our mission to deliver a high-quality one stop fire safety solution across new regions."
The announcement builds on Ranger Fire and Security’s previous acquisitions of AFIL, Ignis Fire Protection Ltd, Syncro Group Ltd, IPH Fire Solutions Ltd, Fire Door Specialists Ltd, and KSS Fire Suppression, which together have helped Ranger to enhance its offering in all key areas of fire and security services.
Funding for the acquisition was provided by ThinCats. Ranger was advised by Cortus for financial due diligence. Zum Mohammed and the Gateley team provided legal support on the transaction.
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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 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 private equity investment firm that focuses on executing buy-and-build strategies in industries with strong cashflows and high levels of recurring income, backed by strong entrepreneurial management teams. The firm was launched following the success of previously executed buy-and-builds, leveraging the expertise in the group across corporate finance, strategic direction, and operational excellence.
For more information, visit: https://www.hyperion-equity.com/