PETERBOROUGH-based BusinessWatch UK Security Services Limited and Norwich based GSL Dardan Ltd have agreed to merge their guarding and patrol operations in a deal that will see the new business employ in excess of 100 personnel with a turnover of £2.5 million.
To effect the merger, BusinessWatch UK Security Services will become a wholly-owned subsidiary of GSL Dardan Limited but will be run independently from its Peterborough base by the established BusinessWatch management team.
This merger will allow both companies to capitalise on the recent growth and success they have experienced and use the opportunity as a platform for further growth and consolidation going forward.
Richard Olsen (above), BusinessWatch managing director said, “We see significant benefits in this merger to our clients and staff including; a larger pool of experienced of mobile and security officers able to react quicker to changing requirements and a strengthened management team, a stronger geographical footprint within East Midlands and East Anglia and access to additional services including CCTV monitoring and specialist investigation work.”
GSL Dardan Chairman Mark Duffy said, “We have been seeking a company in the Peterborough area who share our vision and commitment to service and it was clear from the outset of our discussions that BusinessWatch provided this. Richard and his team will be pivotal to the success of the company going forward and we look forward to assisting them in developing the Cambridgeshire operation to its full potential.”