Trust Security Systems Limited
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Business Watch UK Fire & Security Ltd has agreed a deal to acquire Trust Security Systems Limited for an undisclosed fee.
Trust Security Systems, based in Derbyshire, is a specialist in the installation and maintenance of electronic security systems. The Company offers products such as Intruder alarms, CCTV Systems, Access Control and Fire Alarms. In addition, Trust Security Systems also provides its customers with annual service contracts.
The opportunity generated as many as seven interested parties resulting in six buyer meetings and two separate offers.
The eventual acquirer, John Swingewood of Business Watch UK Fire & Security Ltd, previously purchased Business Watch through KBS Corporate in 2014 and wanted to create a large portfolio of security companies. John had decided to use KBS Corporate’s services once more and saw Trust Security Systems as an ideal acquisition opportunity for the future vision of his group of companies.
Business Watch is a leading supplier of burglar alarms, fire alarms and CCTV camera systems located in Peterborough.
KBS Corporate advised Trust Security on the transaction and Matthew Sibley, who led the deal commented, “I am delighted that we managed to secure and complete a deal for Trust Security. Business Watch were a previous client of KBS Corporate and we are pleased that they had chosen to use our services once more to pursue similar businesses and expand their service offering.”