The buy-out fulfils a major component of FSG’s growth strategy in the national security market, and has resulted in all senior staff of both companies being retained. The merged company, which now trades as Focus Security, will have regional offices based in London, Birmingham, Manchester, Newcastle and Edinburgh.
Andrew Scott, FSG’s largest shareholder, has now joined the Board of FSG as non-executive deputy chairman. It’s expected that Iain McCrea will soon join the Board as executive chairman.
Commenting on the deal, Simon Donegan – FSG’s chairman – told Security Management Today: “It’s true to say that we have been looking to expand our services to a national level for some time now. It was just a matter of finding a like-minded company that shared similar values to ourselves.”
Donegan added: “It’s an exciting time for us. This merger will certainly give our client base an enhanced level of service, with an improved emphasis on client support at all times.”
