Security services specialist Orbis Protect has finalised a management buyout with its investment partners to support the next stage of its growth strategy.
Gaining the controlling share in the company will support Orbis Protect’s plans to invest in smart technologies, grow its existing UK business and prepare for international growth.
The Uxbridge-based company, which provides site security and people protection services to the public and private sectors, completed the buyout on 14 June.
Ben Howard, the group's former chief operating officer, takes on the CEO role and will be supported by the existing management team, backed by growth equity investor Synova and its investment partner NorthEdge Capital.
Former CEO Guy Other will remain to work with Howard during the coming months to support the transition and develop growth plans.
Howard said: “This is a hugely exciting milestone for us, we work with a wide range of organisations providing a full range of property services from cleaning and clearing, to infection control, pest control and security solutions for vacant properties. Our partnership with Synova and NorthEdge Capital provides us with the opportunity to invest in new smart technology solutions, grow the business nationally and internationally and most importantly, provide our customers with innovative solutions quickly and at scale.”
Alex Bowden, partner at Synova said: “The business has an enviable position in the UK marketplace, delivering exceptional quality and service delivery to its client base. We look forward to supporting Ben and the wider management team with the continued investment in People, Technology and delivery of an ambitious M&A strategy”.
Image credit | Orbis Protect