VPS Group Acquires Davis Site Security to Strengthen UK Construction Security Solutions
Deal News | Jan 22, 2025 | FM Business Daily
VPS Group, a leading European temporary security specialist, has acquired Davis Site Security to bolster its offerings in the UK construction industry. Davis, known for its innovative security solutions using monitored video technology and manned guarding, serves over 300 construction sites across the UK. The acquisition is part of VPS Group's broader growth strategy, which includes providing technology-driven security solutions for construction sites vulnerable to theft, vandalism, and other threats. This acquisition aligns with Davis's shift towards technology-centered security and supports VPS's mission to deliver comprehensive security solutions. Both companies emphasize a customer-first approach and technological innovation to protect construction assets efficiently. Eversheds and Wright Hassel served as advisors for VPS and Davis, respectively, during this transaction. The move is strategically significant for VPS as it continues to explore additional M&A opportunities to fuel growth.
Sectors
- Security Services
- Construction
- Mergers and Acquisitions
Geography
- United Kingdom – Both VPS Group and Davis Site Security operate primarily in the UK market, with a strong focus on servicing the UK's construction industry.
- Europe – VPS Group is a leading security solutions provider in Europe, and this acquisition is part of their broader European growth strategy.
Industry
- Security Services – The main focus of the article is on VPS Group's acquisition of Davis Site Security, highlighting their involvement in providing security solutions, particularly within the construction industry.
- Construction – Davis Site Security operates primarily within the construction industry, protecting sites from theft, vandalism, and other security threats, making it a relevant sector.
- Mergers and Acquisitions – The article discusses an acquisition transaction between VPS Group and Davis Site Security, indicating activity within M&A.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| VPS Group | Acquirer | Company | A leading European specialist in temporary security solutions, focusing on monitored technology and physical protection. |
| Davis Site Security | Target Company | Company | A fast-growing UK security company specializing in construction site security through monitored video technology and manned guarding. |
| Eversheds | Legal Advisor for VPS Group | Company | Provided legal advisory services to VPS Group during the acquisition. |
| Wright Hassel | Legal Advisor for Davis Site Security | Company | Provided legal advisory services to Davis Site Security during the acquisition. |
| Paul Lewis | Chief Executive Officer, UK & Ireland | Person | CEO of VPS Group, commented on the strategic fit and benefits of the acquisition. |
| Nick Southern | Managing Director, Davis Site Security | Person | Managing Director of Davis Site Security who shared positive remarks on the acquisition. |