Lodge Security has acquired Ladbroke Security Services, the managed security solutions provider boasting 120 staff and sales of £2.25 million. Ladbroke Security Services was founded back in 1990 by retailer Chinacraft to protect its assets. The company has since expanded its client base to include 30 independent customers.
Operating primarily in London and the South East region, Ladbroke Security Services’ solutions include 24-hour concierge, Front of House reception, security guarding, remote video and CCTV monitoring, key holding and patrol services.
For its part, Lodge Security is one of the UK’s Top 30 security service providers by size and a third generation family-owned business that celebrates its 100th Anniversary next year.
Commenting on the acquisition deal, Stuart Lodge (CEO at the Lodge Service Group) informed Risk Xtra: “I’m pleased to announce the acquisition of an operation that’s highly complementary to our own specialisations and markets at Lodge Security. Ladbroke Security Services has maintained a strong reputation from its early years when the business specialised in retail security. With its family values and high-quality service delivery, the company offers a great fit and is an asset to the Lodge Service Group.”
Ladbroke Security Services has grown its corporate, commercial and construction customer base by combining a blend of manpower and technology solutions. It’s a strategy very much in line with that of the Lodge Service Group.
Lodge’s own services include staff credentials checking, undercover investigations and surveillance, online counterfeit and fraud detection, retail test purchasing, compliance audits, mystery shopping and customer service measurement (through its React CX division), recruitment for office administration and security staff, CCTV installation and remote alarm and building management 24-7.