European market leader accelerates growth strategy

VPS Group, the tem­po­rary secu­ri­ty spe­cial­ist, is delight­ed to con­firm the acqui­si­tion of Nexus Nation­al Secu­ri­ty Net­work, the UK’s secu­ri­ty out­sourc­ing experts. 

With its intel­li­gent triple pro­tec­tion offer­ing, VPS is wide­ly regard­ed as the Euro­pean mar­ket leader in vacant prop­er­ty pro­tec­tion, look­ing after £3.5b worth of prop­er­ties across the con­ti­nent, for vacant and void res­i­den­tial and com­mer­cial prop­er­ties, as well as for the con­struc­tion and infra­struc­ture sectors.

Found­ed in 2011, Nexus is the go-to provider for out­sourced secu­ri­ty solu­tions in the UK. Offer­ing a range of secu­ri­ty options from mobile patrols to sta­t­ic guard­ing, Nexus rev­o­lu­tionised the pro­vi­sion of key­hold­ing out­sourc­ing in the UK, where they are now the mar­ket leader. Through its bespoke SaaS (Soft­ware as a Ser­vice) plat­form, Link (linkbynexus​.co​.uk), Nexus has now han­dled over a mil­lion respons­es, using their high­ly skilled and accred­it­ed sup­ply chain net­work of partners.

This acqui­si­tion offers growth for both busi­ness­es, build­ing on their exist­ing brand strengths and rep­u­ta­tions, that will bring imme­di­ate ben­e­fits to cus­tomers and colleagues.

Com­ment­ing on the acqui­si­tion, Lee New­man, VPS Group CEO, says ​“I am delight­ed that Nexus is join­ing VPS, offer­ing an excit­ing part­ner­ship where cus­tomers will great­ly ben­e­fit from an expand­ed, inte­grat­ed secu­ri­ty offer. The VPS Group is Europe’s only provider of full, end-to-end tem­po­rary secu­ri­ty. The addi­tion of the unique Link plat­form for out­sourced secu­ri­ty solu­tions, will not only enhance the group’s mar­ket-lead­ing posi­tion, but also accel­er­ate both our com­pa­ny and cus­tomer growth objectives.”

Nexus sought a sup­port­ive acqui­si­tion part­ner, who mir­rored their com­mit­ment to plac­ing qual­i­ty, cus­tomer and col­leagues at the heart of the business.

Marc Stan­ton, Nexus’ Man­ag­ing Direc­tor, says ​“The part­ner­ship with the VPS Group will enable Nexus to flour­ish; through­out the process of the acqui­si­tion, it was clear how close­ly aligned the com­pa­nies are, so we feel it is a real­ly good fit. We are look­ing for­ward to being an inte­gral part of the new part­ner­ship, con­tin­u­ing to grow and deliv­er for both Nexus’ and VPS’ customers.”

Found­ing share­hold­er Robert Fry­er com­ment­ed ​‘We are very proud of every­thing that Nexus has achieved dur­ing our tenure, and look for­ward to watch­ing the com­pa­ny con­tin­ue to flourish.’

Advi­sors for the acqui­si­tion were led by Giles Den­ni­son and Thomas How­ell, at Ever­sheds Suther­land, along with Richard Aston at KPMG. Nexus were advised by Oak­lins and Brab­n­ers LLP.

Over recent years, the VPS Group has pro­duced con­tin­ued growth, pur­su­ing a strat­e­gy of solu­tion-led client-focused devel­op­ment, in part­ner­ship with cus­tomers, to sup­port their secu­ri­ty needs. The acqui­si­tion of Nexus is an excit­ing part of this growth strat­e­gy and VPS con­tin­ues to active­ly con­sid­er oth­er accre­tive M&A opportunities.

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