Lodge Security has acquired Ladbroke Security Services, which has 120 staff and sales of £2.25 million.
Operating primarily in London and the Southeast, Ladbroke provides managed security services that include 24-hour concierge, front of house reception, guarding, remote video and CCTV monitoring, key-holding and patrol services.
Lodge Security is one of the UK’s top 30 security service providers by size, a third-generation family-owned business that celebrates its 100th anniversary in 2019.
Stuart Lodge, CEO, said: “I am pleased to announce the acquisition of an operation that is highly complementary to our own specialisations and markets at Lodge Security. Ladbroke has maintained a strong reputation from its early years when it specialised in retail security; with its family values and high-quality service delivery, it offers a great fit and an asset to the group.
“Ladbroke has grown its corporate, commercial and construction customer base by combining a blend of manpower and technology solutions – a strategy very much in line with that of the Lodge Service group.”
Lodge’s services include: staff credentials checks; undercover investigation and surveillance; on-line 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; remote alarm receiving and building management 24-7; and incident and case management software, Lodgic Live.