Modern Commercial Premises

Sizeable Base of Loyal Clientele

Experienced Staff

Adj Net £296k

If you are considering acquiring a company then KBS Corporate have a large number of excellent opportunities available. Please click on the following link, where you can search through specific criteria to match your requirements.

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KBS Corporate continue to attract substantial interest on a number of businesses, our unique six step approach to selling a business has maintained high levels of enquiries through a combination of website enquiries, desktop research and trade publications.

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Offering a wide range of services to both private and public sector clients, the company received a number of enquiries from interested parties. Marketed on an offers invited basis the company sold for a six figure sum.

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KBS Corporate marketed the business based on its 6 step guide model and attracted a number of interested parties. A fee was then agreed allowing the vendor to enjoy a well deserved retirement.

With advice from the corporate team at KBS Corporate, Apple Security has completed its latest acquisition with the £300,000 buyout of CCTV firm, Telewatch.

The business, which is based in Wakefield, West Yorkshire, supplies temporary CCTV installations at events such as festivals and concerts.

Director Colin Frost, who has been with the business for 38 years, said the deal gave Apple Security a presence in the CCTV market and is part of his strategy to build a group that offers full service security solutions.

The Telewatch deal followed the £385,000 acquisition of Kidderminster-based Apollo Security, which was also brokered by KBS Corporate, and the earlier takeover of DBI in Milton Keynes. Now Colin is currently looking at two more companies, and has not ruled out completing another hat-trick over the next few months.

Colin joined the business in 1972 as a security manager when it was known as Roye Security. In 1981, he bought a 50% stake in the company and acquired the remaining shares in 1997. In 2000, the company merged with a rival business and the group was renamed Apple Security. Today it has a turnover of £4m and employs 200 people.

Colin says the business began life supplying security guards to protect street sellers and fast-food vendors at the 1966 World Cup final at Wembley. For more than four decades, Apple Security has supplied security guards to a number of industries, but is now moving into new markets.

He says: “One of the companies I am looking at operates at the very top end of the market and supplies state-of-the-art security to organisation such as galleries and museums. The acquisition of Telewatch also gave Apple Security the ability to provide turnstiles and access control services.

“There are a number of bigger players in the market, and to compete you need to be of a certain size and able to offer clients the full spectrum of security services nationwide.

“Apple Security is on track to hit the £10m turnover target within three years and much of this growth will be achieved through acquisitions.”

John Rigby, Managing Director at KBS Corporate, added: “We are delighted to work with Colin on his ambitious acquisition strategy, and looking forward to completing further acquisitions that will enhance the services of Apple Security.”

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KBS Corporate have sold a number of Construction companies, if you would like to know further information on how we could sell your company please click here.

Both Barry and Stuart are staying on with the company, and Stuart says it is “very much business as usual” for the business albeit with the firepower and resources of a national operator behind it.

The acquisition by Staffwise is part of the group’s strategy to expand further into the North West and already has an office in Warrington.

Staffwise, which has a turnover of £40m, employs 130 people and places around 2,700 temporary workers daily.

Last month, it rescued Preston-based Match Recruitment, which had a turnover of £1m, out of administration. Staffwise operates across a multitude of sectors including education and childcare, transport, commercial, food processing and agriculture, IT, industrial and automotive, accountancy as well as offering an executive search and selection service.

It has more than 22 offices across the UK including major sites in London, Birmingham, Bristol and Glasgow.

Tom McMurray, chief executive of Staffwise, said the group is increasing its geographical spread and actively seeking acquisitions in the North West and North East of England.

He said: “Stuart and Barry are two good operators who, while remaining at the helm, will continue to drive forward the company.

“Cheshire Recruitment Services is an excellent addition to the Staffwise portfolio and is a great platform from which to further expand into the North West.

Stuart added: “By becoming part of Staffwise our clients will benefit from the additional resources and the deal will open up new avenues for Cheshire Recruitment Services.”

The transaction was brokered by the corporate team at Knightsbridge Business Sales. Chris Bull, director of KBS Corporate, said: “Cheshire Recruitment Services is an extremely well managed business which will now achieve its full potential as part of Staffwise.”

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The purchasers identified the terrific scope potential within the company as an attractive feature as the vendor had been running the company at a level to suit.

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KBS Corporate proactively sought buyers for the business, attracting significant interest due to the potential within the company.

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