We’ve got the East Midlands locked down after Cerberus takeover
If you hadn’t already heard, Foremost Security have completed a smooth takeover of Nottingham based security firm, Cerberus Facilities Management. So, if you’re a business owner in the East Midlands, it’s about to become a lot easier to choose your security provider!
The owner of Cerberus approached our Director back in July, explaining that they wanted to leave the industry, and after a couple of meetings in which discussions about which sites Foremost would take overtook place, negotiations were made. It’s with great satisfaction for us to say we have secured 80% of Cerberus’ clients, resulting in Foremost Security becoming the leading security company in the East Midlands.
This takeover sees our market share increase across Nottingham, with a mixture of our services, including: Manned Guarding, Mobile Patrols, Lock/Unlock, Keyholding and Alarm Response. However, an immediate difference we have seen lies with the Manned Guarding which has increased to a consistent 4000 hours provided each week, which is an approximate 400hr increase. This has allowed us to develop our Mobile Patrol fleet to 8 vans which will benefit the response time to clients – which is already at an impressive average of 22 minutes!
By merging, it does mean an obvious increase in turnover and profits, but also the chance to become one of the largest independent security companies in the Midlands. Since the takeover in July, we have seen significant growth in our client base and have secured work with Jeld Wen – Melton Mowbray, Cold Harbour Marine, Enva Waste Management, Lowdham Leisure World, Bunches, J McCann, Plastique, Sat Bains and Pro-log Fulfilment, just to name a few.
Ben Spencer, who was the Director of Operations at Cerberus Facilities Management has said:
“As a security solutions provider with over 20 years’ experience, we’re absolutely delighted to trust and hand over to Foremost. We know they’re always thinking of their clients’ futures and those who were previously with us, will be in very safe hands.”
Matt Prince, our Sales and Marketing Director at Foremost Security has said:
“The takeover was very smooth and really without any issues or concerns. We’re really pleased with how quickly we were able to move things forward. We are working with some very big national and international customers and have had some very interesting conversations about the working relationship moving forward with the potential of additional security work starting on the back of what we now provide. I love meeting new customers and getting to know them whilst visiting the new sites. It’s also been great to inherit some fantastic security officers through TUPE, they’ve all been a huge benefit in the handover and their individual site knowledge has been invaluable.”
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