Swift Fire & Security are delighted to announce that they are joining forces with Marlowe PLC in order to embark on an ambitious buy and build strategy acquiring complimentary businesses within the industry. The plan is to propel Swift Fire & Security to the forefront of the fire and security sector over the next few years.
Marlowe is a publicly traded company listed on the London Stock Exchange, formed recently by Lord Ashcroft and Alex Dacre to acquire a platform business in the fire life safety and security sector. Marlowe has substantial cash resources but had not traded and did not have an operating business until the acquisition of Swift Fire & Security today.
Swift Fire & Security’s Managing Director, founder and owner, Nigel Jackson will join the board of Marlowe as an Executive Director and significant shareholder as well as remaining full time Managing Director of Swift Fire & Security.
Swift Fire & Security will continue to operate as normal with the same Senior Management Team and Operational Infrastructure, with their people and customers completely unaffected by this opportunity to take the business to the next level.
Mr Jackson commented; “Following many years of growing the Swift Fire & Security business through our own resources, I am absolutely thrilled that we now have access to significant funding and the support of very experienced Directors, who have a track record in successfully supporting businesses and accelerating their growth through acquisition.
Marlowe and Swift Fire & Security will be a formidable force. We have a superb operating platform in place with national coverage and a large number of high profile blue chip customers. I believe that we will continue to offer our customers a compelling proposition retaining the benefits of agile decision making which has been at the forefront of our success.
The merger with Marlowe also provides our loyal team members with fantastic career progression opportunities and demonstrates to them how ambitious we are. This plan is all about delivering more growth and building an even better business than would be possible if we were to remain an independent private company.
Today represents a paradigm shift for Swift Fire & Security and I am thrilled and excited by the prospects for the business and all of the various stakeholders.
We look forward to continue working with our customers in partnership over the coming years. ”
Founded in 1982 and headquartered in Salford Quays, Manchester, Swift is a leading national fire protection and security systems installation and maintenance business with a broad range of capabilities in the design, installation, service and monitoring of fire protection and security solutions.
Swift Fire & Security operate nationally, across all industries in both the Public and Private sectors. With over 30 years’ experience, Swift has operated in both the domestic and commercial market places, gaining an intimate understanding of the needs of their customers.
Swift’s national operation is enabled through their in house 24/7 Service Desk and Alarm and Video Receiving Centre (AVRC) in Warrington, working together with their national team of 24/7, qualified and experienced, multi discipline engineers.
Best regards
The Board of Directors