East Midlands’ company, Foremost Security, has been successfully sold to its internal management team, with the business being transferred in equal shares to Managing Director, Matt Prince, and Finance Director, James Vincent. The company had been under ownership from former Managing Director and Owner, Paul Ritchie, since 2010.
The services of Foremost Security include lock and unlock services, vacant property inspections, mobile patrols, alarm response and keyholding.
Matt and James both announced their excitement to finalise the buyout that had been “in the pipeline since 2019”, and emphasised there will be no dramatic change as a result of the new ownership, they will still continue to focus on the quality of their services, but did tease that the company “has some plans for the future which we feel will benefit both our customers and staff”.
Paul Ritchie said: “It has been an absolute pleasure to hand the reins of Foremost Security over to Matt and James. They have worked with me for a number of years and I trust that the business will be safe in their capable hands. I wish them all the success and best wishes for the future.”