European market leader accelerates growth strategy

VPS Group, the tem­po­rary secu­ri­ty spe­cial­ist, is delight­ed to con­firm the acqui­si­tion of Nexus Nation­al Secu­ri­ty Net­work, the UK’s secu­ri­ty out­sourc­ing experts. 

With its intel­li­gent triple pro­tec­tion offer­ing, VPS is wide­ly regard­ed as the Euro­pean mar­ket leader in vacant prop­er­ty pro­tec­tion, look­ing after £3.5b worth of prop­er­ties across the con­ti­nent, for vacant and void res­i­den­tial and com­mer­cial prop­er­ties, as well as for the con­struc­tion and infra­struc­ture sectors.

Found­ed in 2011, Nexus is the go-to provider for out­sourced secu­ri­ty solu­tions in the UK. Offer­ing a range of secu­ri­ty options from mobile patrols to sta­t­ic guard­ing, Nexus rev­o­lu­tionised the pro­vi­sion of key­hold­ing out­sourc­ing in the UK, where they are now the mar­ket leader. Through its bespoke SaaS (Soft­ware as a Ser­vice) plat­form, Link (linkbynexus​.co​.uk), Nexus has now han­dled over a mil­lion respons­es, using their high­ly skilled and accred­it­ed sup­ply chain net­work of partners.

This acqui­si­tion offers growth for both busi­ness­es, build­ing on their exist­ing brand strengths and rep­u­ta­tions, that will bring imme­di­ate ben­e­fits to cus­tomers and colleagues.

Com­ment­ing on the acqui­si­tion, Lee New­man, VPS Group CEO, says ​“I am delight­ed that Nexus is join­ing VPS, offer­ing an excit­ing part­ner­ship where cus­tomers will great­ly ben­e­fit from an expand­ed, inte­grat­ed secu­ri­ty offer. The VPS Group is Europe’s only provider of full, end-to-end tem­po­rary secu­ri­ty. The addi­tion of the unique Link plat­form for out­sourced secu­ri­ty solu­tions, will not only enhance the group’s mar­ket-lead­ing posi­tion, but also accel­er­ate both our com­pa­ny and cus­tomer growth objectives.”

Nexus sought a sup­port­ive acqui­si­tion part­ner, who mir­rored their com­mit­ment to plac­ing qual­i­ty, cus­tomer and col­leagues at the heart of the business.

Marc Stan­ton, Nexus’ Man­ag­ing Direc­tor, says ​“The part­ner­ship with the VPS Group will enable Nexus to flour­ish; through­out the process of the acqui­si­tion, it was clear how close­ly aligned the com­pa­nies are, so we feel it is a real­ly good fit. We are look­ing for­ward to being an inte­gral part of the new part­ner­ship, con­tin­u­ing to grow and deliv­er for both Nexus’ and VPS’ customers.”

Found­ing share­hold­er Robert Fry­er com­ment­ed ​‘We are very proud of every­thing that Nexus has achieved dur­ing our tenure, and look for­ward to watch­ing the com­pa­ny con­tin­ue to flourish.’

Advi­sors for the acqui­si­tion were led by Giles Den­ni­son and Thomas How­ell, at Ever­sheds Suther­land, along with Richard Aston at KPMG. Nexus were advised by Oak­lins and Brab­n­ers LLP.

Over recent years, the VPS Group has pro­duced con­tin­ued growth, pur­su­ing a strat­e­gy of solu­tion-led client-focused devel­op­ment, in part­ner­ship with cus­tomers, to sup­port their secu­ri­ty needs. The acqui­si­tion of Nexus is an excit­ing part of this growth strat­e­gy and VPS con­tin­ues to active­ly con­sid­er oth­er accre­tive M&A opportunities.

End

Pho­to shows VPS’ Merg­ers and Acqui­si­tions team, led by CEO Lee New­man (3^rd from left), meet­ing with Marc Stan­ton, Man­ag­ing Direc­tor, Nexus (4^th from left)

Con­tact Details

For more infor­ma­tion about this press release please contact:

Jack Wat­ton – M&A

T: +44 (0) 7543 311 055

E: jack.​watton@​vpsgroup.​com

Notes to Edi­tors VPS Group www​.vps​-cor​po​rate​.com

• The VPS Group is Europe’s lead­ing tem­po­rary secu­ri­ty spe­cial­ist, pro­tect­ing over 50,000 sites with a focus on vacant and void res­i­den­tial and com­mer­cial prop­er­ties, con­struc­tion and infra­struc­ture sectors.
• The mar­ket front-run­ner has a unique­ly strong pres­ence through­out Europe, with over 50 loca­tions across the con­ti­nent, deliv­er­ing ser­vices in ten coun­tries with Divi­sion­al HQs in Man­ches­ter, Paris, The Hague and Norwich.
• The VPS Group has over 25 years’ expe­ri­ence safe­guard­ing Europe’s vacant prop­er­ties through their unique inte­grat­ed secu­ri­ty offer that pro­vides phys­i­cal pro­tec­tion, mon­i­tored tech­nol­o­gy and human inter­ven­tion services.
• The group’s cus­tomers com­prise prop­er­ty man­age­ment, retail & hos­pi­tal­i­ty, banks & insol­ven­cy, local & nation­al gov­ern­ment, con­struc­tion com­pa­nies, insur­ance and social hous­ing providers.
• The VPS Group was acquired by PAI Part­ners in 2014 and has grown both organ­i­cal­ly and through acqui­si­tion, includ­ing Prodomo — a French con­struc­tion secu­ri­ty spe­cial­ist, and Evan­der – the UK’s spe­cial­ist provider of domes­tic and com­mer­cial glaz­ing and lock­smith ser­vices to the insur­ance, home emer­gency, facil­i­ties man­age­ment and prop­er­ty sectors.
• The VPS Group is in a strong posi­tion with sup­port­ive share­hold­ers who share their desire for strate­gic expan­sion and growth, with plans for fur­ther acquisitions.

Notes to Edi­tors Nexus Nation­al Secu­ri­ty Net­work www​.linkbynexus​.co​.uk

• From incep­tion in 2011, Nexus have devel­oped their mar­ket lead­ing Link plat­form, which is the cul­mi­na­tion of over 40 years of secu­ri­ty experience.
• Designed with all their cus­tomers in mind, recog­nis­ing the impor­tance of being able to report accu­rate­ly and to deal with events as and when they happen.

Robust, reli­able and cus­tomis­able, Link has become an invalu­able tool to their blue-chip secu­ri­ty client base.

Nexus Nation­al Secu­ri­ty Net­work is the trad­ing name of M&R Solu­tions Ltd