ROYALLY APPROVED FIRE SAFETY SPECIALIST SOLD BY KBS CORPORATE - KBS Corporate

ROYALLY APPROVED FIRE SAFETY SPECIALIST SOLD BY KBS CORPORATE

Amerex Fire International, a fire detection and suppression systems specialist, has been sold in a deal overseen by Andrew Dodd, Corporate Director at KBS Corporate.

Amerex Fire International, a fire detection and suppression systems specialist, has been sold to Hyperion-backed safety services buy-and-build Ranger Fire and Security in a deal overseen by Andrew Dodd, Corporate Director at KBS Corporate.

A family-run business, Amerex operates nationally with a focus on installation and maintenance of vehicle suppression units and on its long-standing relationship with a key fire extinguisher distribution and service provider.

Having earned an excellent reputation and established a prominent client base, Amerex received the Royal Warrant in 2009 for supplying the Royal Household with fire extinguishers and other related suppression equipment and has maintained it ever since.

The shareholders of Amerex were looking to realise part of their investment over the years and to also have a significant role in the upside of the company’s growth as part of the Ranger group.

The successful offer from Ranger Fire and Security was backed by Hyperion Equity Partners, a private investment firm which focuses on backing high-quality management teams with proven and resilient businesses.

“We were extremely impressed with Steve Evans, Tony Partridge and the Amerex team during our due diligence,” read a statement from Hyperion.

“They have built an incredible business focused on delivering a high-quality service to their customers.

“We enjoyed working with KBS and Andrew Dodd, who were helpful in demonstrating the value to shareholders and coordinating the diligence process.”

Andrew Dodd added: “I have no doubt Amerex Fire International Ltd will have a bright and prosperous future with Ranger Fire and Security and Hyperion Equity Partners.

“I wish all parties the very best of luck in their future endeavours. It has been a pleasure working with them both.”

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