Ranger Fire and Security, a national one-stop solution for fire and security services, has announced that Inflexion, a leading European mid-market firm, has made a majority investment in the business, accelerating its growth plans and acquisition strategy across the UK and Ireland.
The investment will enable Ranger to continue acquiring high-performing local businesses, a core part of its growth strategy, and will also support the further integration of back-office functions across the Group – both important factors in Inflexion’s decision to invest.
Together, these measures will help advance Ranger’s ambition to build a truly national fire and security services platform, while supporting a potential move into continental Europe in the future.
The landmark deal builds on numerous successes by Ranger since it was launched, including:
- Acquiring over 25 high-performing local businesses covering the whole of Great Britain and Ireland
- Reaching over 500 employees across the Group and achieving revenues of over £75 million
- Winning the Actum Buy and Build Value Creation Award as a portfolio company of Hyperion Equity Partners
- Rolling out an enhanced, market-leading benefits package to all employees, with more details to be announced shortly
As part of the transaction, Hyperion will be making a substantial re-investment alongside Inflexion to support Ranger’s long-term strategic goals in creating an industry-leading safety services business.
Inflexion is a leading European mid-market private equity firm with €20bn under management, investing in high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to accelerate growth. Inflexion has a strong track record of supporting growth through acquisition with its portfolio completing 650 acquisitions to date.
All members of the Ranger leadership team will remain in post, ensuring continuity and reinforcing the clear success of the Ranger team to date in delivering on its mission to become a one-stop shop for all fire and security needs.
Mark Bridges, CEO, Ranger Fire and Security, said: “This is a landmark moment for Ranger. In just a short space of time we’ve built a strong footprint covering all parts of the UK and Ireland. We’ve brought together some of the industry’s highest-performing local businesses, combining their trusted customer reputations with the scale and reach of a national platform.
“Ranger has had strong interest from potential investors since it launched, and in Inflexion we have a blue-chip investor with a track record of backing fast-paced buy-and-build. This investment is a strong endorsement of our strategy and the momentum we’ve built. With their support and expertise, we can accelerate our plans, scale faster and continue building a leading one-stop shop for fire and security services.”
Michael Baster, Partner at Inflexion, said: “Ranger has built a compelling platform and we are excited to be partnering with Mark and the team as they accelerate the company’s next phase of growth. With a clear vision, acquisition strategy and a strong track record of integrating high-quality businesses, we see significant further opportunity ahead.”
Dylan Smith, Partner, Hyperion Equity Partners, said: “We are proud to see the hard work of the Ranger team come to fruition. Backing proven leaders in resilient markets alongside like-minded partners is core to our strategy at Hyperion.
“We have great conviction in Mark, the Ranger team and the Inflexion team, driving our significant re-investment and long-term commitment to creating the leading fire and security provider. The Hyperion team are looking forward to continuing to support the business and are excited to see the success of Ranger’s strategy and future growth alongside Inflexion.”
Ranger shareholders were advised by DC Advisory (Amish Bakhai) and Freeths (Zum Mohammed).
