KBS GIVEN FIVE-STAR RATING FOR ASTRA SECURITY SALE

KBS Corporate’s business sales service has been highly recommended by Astra Security Systems following the company’s acquisition by the Ward Group.

Adam Nelson, KBS Corporate Deal Executive, oversaw the sale of the Kent-based business which has built up over 40 years of experience in providing electronic security and fire safety systems, as well as locksmith services.

Despite attracting a strong amount of interest that led to multiple offers, Astra sold to the Ward Group. Ward was established in 2000 and is a leading security provider nationally with over 1,500 employees, headquartered in Chatham, only 10 miles from Astra’s offices in Maidstone.

“One of the many reasons Astra was an appealing opportunity to Ward was the perceived ease of integration,” explained Adam Nelson from KBS. “It was clear from the first meeting that both parties got along well and there was an ideal cultural fit.”

That affinity resulted in a sale that ticked all boxes for Astra’s owners Graham and Robert Twist, who were delighted with the part played by Adam and the whole KBS team.

“We were fortunate to receive a few different offers to review and Adam carefully guided us towards the most acceptable offer,” said Graham Twist.

“From the point of agreement with our buyer, we were always kept up to date with the process as it unfolded. Adam was concise and factual with the information, made it easy to understand, and when we needed explanations, he was patient and clear.

“From the point of our official agreed offer to completion was a little under three months, which was great. Would I recommend KBS Corporate for the sale of your business? Yes, I definitely would.”

Adam Nelson was also happy with the outcome and believes the prospects are bright for Astra under Ward’s ownership, due to the collaboration the two parties have already displayed.

“Graham and Robert were looking to begin gradually stepping back from the business whilst ensuring the company moved forward in safe hands,” said Adam.

“I understand Graham and Robert have discussed at length with Ben Draper, Ward’s Group Chief Operating Officer, their growth aspirations once the business is settled post-completion. It’s clear both wish to continue delivering an excellent service to their existing customers whilst having increased support.

“I am personally very pleased with the outcome. It has also been a very timely deal due to the work put in by all involved, especially Claire Stretton at Gateley Legal.”

Ben Draper added: “Underpinned by a shared commitment to excellence and innovation, we are thrilled to welcome Astra into the Ward family and embark on this journey together, leveraging our collective strengths to drive mutual growth and success.

“KBS Corporate played a pivotal role in facilitating this acquisition and we are grateful for their expertise and support throughout the process.”