Benchmark International has advised on the transaction between Manchester-based fire engineering consultancy, Omega Fire, and specialist fire consultant firm, BB7, to create the UK’s leading independent fire and security advisory firm.
Omega Fire is a fast-growing, highly profitable fire safety property consultancy using computational modelling to assess fire engineering proposals and address potential fire hazards and risks.
Founded in 2009, BB7 is a fire safety and security consultancy with eight offices nationwide and 60 expert advisers. It offers three core services to clients: fire engineering, fire risk management, and security consultancy and has a client base of building developers, local authorities, housing associations, and hotel and leisure groups. As such, the two companies complement each other in terms of client spread and services offered allowing the combined entity to continue to build its strong reputation.
Following the acquisition, Omega Fire will continue to operate from Manchester and Leeds, and trade as Omega Fire Engineering Limited throughout 2019, and the amalgamation of the two companies will create a firm with just under 100 people and 10 offices nationwide.
BB7 has been backed by the Business Growth Fund (BGF), which is the UK and Ireland’s most active investor in growing businesses. The investment from BGF will support BB7’s longer-term growth strategy, providing the capital and experienced resources to accelerate its growth plans.
Ben Bradford, CEO and founder of BB7, said: “We’re delighted to welcome Omega Fire to the BB7 group. The business represents the very best in the market in terms of expertise and customer service and will help us deliver an enhanced service to new and existing clients across the UK.”
Rahul Satsangi, an investor at BGF, added: “We’re delighted to support the team address the attractive market opportunity. The enlarged group will benefit from a stronger national presence, an ability to offer clients a wider range of relevant services and a strengthened operational team.”
Benchmark International would like to thank all parties involved and we wish them all the very best of luck for the future.
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