A fire and security business that was launched in February with the backing of private equity group Hyperion has acquired a North West business.
Ranger Fire and Security has taken over Syncro Group Limited, which offers national fire safety and security services from its national head office in Haydock.
Ranger launched in February with the acquisitions of Amerex Fire International in South Wales and Ignis Fire Protection in the West Midlands. It says the Syncro deal will “broaden Ranger’s fire detection, extinguisher and security offering” and bring on board a management team “with significant sector experience”.
Syncro was founded by Gerry Bates and Paul Fallon, who have grown the group into a national player with a particular focus on the student accommodation and leisure sectors. They will join the leadership team at Ranger.
The newly enlarged group says it is “poised for sustained expansion, armed with a comprehensive strategy for ongoing acquisitions in 2024 and beyond” - and that more deals will follow imminently with Hyperion’s backing.
Mark Bridges, CEO of Ranger Fire and Security, said: “We are excited to welcome Syncro to the growing Ranger team. Syncro is a very well-respected national business with a focused and proven track record of providing customers with the highest service quality for their compliance needs. Syncro will form a key part of Ranger’s service proposition and will enhance the Group’s extinguishers, detection and security services.
“This is a significant milestone for Ranger in our journey to bring the best proven companies together to provide customers with exceptional fire and security compliance and safety. Syncro has a strong and loyal customer base which it has fostered through excellent customer service quality and on-time delivery of services since inception. Its leaders have built hugely strong partnerships in the sector, which creates a significant opportunity for us to work together.”
Gerry Bates, managing director at Syncro Group, said: “Having established Syncro in 2011 and grown the business organically since inception, partnering with Ranger was a well thought out and deliberate decision based on our shared values and people first philosophy that will allow us to continue to invest in our operations and customer service. We are pleased to be joining the Ranger Group, working together to not only bring a better level of service to more people, but capitalising on new growth opportunities and areas for collaboration.”
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Paul Fallon, fellow managing director at Syncro Group, said: “Our strategy aligns perfectly with Mark and the Ranger Group in wanting to continue our growth and partnering with other Ranger companies and cementing our national presence within fire detection, extinguishers and security services.”
Announcing , Paul Mahon, partner at Hyperion Equity Partners, said: “We see a great opportunity for our back-buy-build investment thesis in the º£½ÇÊÓÆµ fire and security industry.” He added. With considerable scope for further investment, we are looking forward to welcoming more exceptional companies to the Ranger Group, as we strive to create a national platform that covers all aspects of fire and security services.”
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