Friday 20 January 2012

cctv installations in glasgow

Goldshield Electronic Security acquired AIS Total Security, based in Southglade Business Park, Nottingham. The sale will see AIS become a key part of the Goldshield group as it aims to become the UK’S leading independent provider of fire and security systems. Mike Baines, managing director of AIS, said the new partnership will allow the business to grow quickly by giving access to new market sectors. He said: "Being part of the bigger Goldshield network will expand our service offering, strengthen our position in growing markets and enable us to further bolster our strong management team. “It means we will be better positioned to innovate at an accelerated rate and achieve a higher level of growth as we will now be exposed to other market sectors. “We want to thank all the team at Cooper Parry Corporate Finance for their help, they certainly made the transaction as smooth as possible.” AIS was founded by Paul Douglas and Mike Baines in 1989 and provides integrated electronic security solutions including CCTV, intruder, access control and fire detection systems to the commercial, retail, corporate and leisure markets. AIS will continue to operate under its name as part of the deal. John Bryant and Rob Burden, of Cooper Parry Corporate Finance, originated and led the transaction. John Bryant, corporate finance partner at Cooper Parry said: “Strategically the fit between AIS and Goldshield is excellent both from a geographic and an operational perspective. “The acquisition will enable AIS and Goldshield to benefit from each other’s strong position in their respective markets and yield significant growth for the combined group.” Goldshield specialises in the design, installation and maintenance of social alarms, security systems and fire and emergency lighting systems. The head office is based in Newcastle with further offices in Glasgow, Edinburgh, York and London. Stuart Glover, managing director and owner of the Goldshield group, said “AIS’s positioning in the electronic security market complements Goldshield’s existing expertise in fire detection and warden control systems. “Goldshield’s aim is to become the UK’s leading independent provider of fire and security systems to the commercial marketplace, and the acquisition of AIS is another step in establishing this position. AIS is the Goldshield group’s third acquisition in two years and we continue on an ambitious growth plan” Legal advice was provided by David Tilly and Jenny Allen of the corporate team at Geldards. David Tilly said: “We have been delighted to work with AIS alongside Cooper Parry on this transaction; the sale has benefitted not only the shareholders of AIS, but also their customers and the industry.”

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