Bidvest Noonan acquires security-only contracts held by Incentive Lynx Security

Bidvest Noonan has acquired the security-only contracts held by Incentive Lynx Security from the Incentive FM Group Ltd for an undisclosed fee. The move follows on from a strategic decision by the Incentive FM Group Ltd to sell-off its security guarding business and focus on its core capabilities in other facilities management disciplines through its five trading companies.

The two businesses will now work closely together to support ongoing operations. No redundancies are expected as a result of this announcement.

Declan Doyle, CEO of Bidvest Noonan, said: “We have a large and established security guarding business in the UK and particularly so in London where the bulk of the Incentive Lynx Security work is delivered. This acquisition is a great fit for us in terms of the staff and the customer base and we’re excited by this opportunity.”

Jeremy Waud, chairman at the Incentive FM Group, responded: “The UK security guarding market is highly competitive, with the current margins better suited to a larger organisation that can apply economies of scale. We will continue to provide security services directly as part of a total facilities management or multi-service contract to both existing and new customers through Incentive Facilities Management, including at the Bluewater Shopping Centre and numerous other key sites around the UK.”

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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