Benchmark International is pleased to announce the acquisition of Swindon-based Tops Security by London-based Banham.
Tops Security is a provider of electronic security systems for domestic and commercial customers, offering a comprehensive product range including intruder and fire alarm systems, CCTV, and access control systems. The company provides a turnkey solution, providing customers with design, installation, and on-going technical support.
Founded in 1926, Banham has grown to become the largest provider of security systems to properties in London and the South East of England. The family-run business, currently in its fourth generation of the Banham family, has seen significant year-on-year growth.
Actively acquiring over the last few years, Banham has expanded its reach into the West Country, therefore making the acquisition of Tops Security a natural fit.
The companies also share several core values as industry experts with a strong family ethos.
Simon Rushton, director and owner at Tops Security, said: “This is a very proud moment for us all at Tops Security and is a true testament to our continued success since we started the company in 2008. I am delighted that Tops Security have joined the Banham Group which allows us to elevate our security offering with Banham’s range of iconic, UK manufactured products and leading security services.”
Gary Jones, director and owner at Tops Security, added: “We look forward to the start of this new partnership with Banham and the exciting prospects that lie ahead. We strongly felt that Banham’s name, reputation, ethos and plans for Tops provided the very best opportunity for everyone involved and gives us a stable and exciting future for our whole team.”
Charles Hallatt, executive chairman of Banham, said: “Banham are delighted to officially welcome Tops Security to the family. This acquisition marks an exciting time for our growth as we look to expand our business into the West Country.
“It is important that we work closely together to continue to work with local communities, develop our people into leading experts and also provide a premium product and service to our customers.
“Tops joining Banham will add to and complement our growth plans for the future.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $8.25B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.