RANGER RETURNS FOR ITS SECOND ACQUISITION SOLD BY KBS

A private equity-backed fire and security company which was launched in February 2024 has already made its second acquisition through KBS Corporate.

With backing from Hyperion Equity Partners, Ranger Fire and Security had previously bought Amerex Fire International and has now added a second KBS client, Fire Door Specialists (FDS), to its portfolio.

Fire Door Specialists, which is based in Nottinghamshire and offers national coverage, is Ranger’s first acquisition in the passive fire safety space. The company, which has operated since 2016, provides comprehensive fire door compliance, including building inspections, fire door maintenance and installation.

Ranger evaluated numerous fire door companies before identifying FDS as the passive fire safety business that best met its stringent criteria and guardrails, including employing skilled engineers, delivering high-quality service and consistently showing strong growth in its inspections and maintenance services.

FDS also has a long-standing, reputable client base which includes the NHS and Ministry of Defence.

“Our decision to partner with Ranger was an easy one?– it’s a company I’ve admired since its launch and it presents huge opportunities for our business,” said Ian Maciejewski, Operations Director at Fire Door Specialists.

“Ranger?is?the best partner for us going forward given our shared focus on providing a high-quality service for customers, and I look forward to working closely with their team to grow Fire Door Specialists, whilst enhancing our systems and insights, fostering collaboration and exploring new avenues of growth.”

The acquisition of FDS is a key part of Ranger’s aim to provide quality service for its clients and a comprehensive one-stop solution by offering all fire and security services under one umbrella.?FDS will benefit from the Group’s scale, technology and broader services, which will enhance its customer offering.

Mark Bridges, CEO of Ranger Fire and Security, commented:?“Fire Door Specialists is a well-known, respected business in the passive fire space that will add a new and key service to the Ranger Group.?

“This acquisition marks another milestone for Ranger in our journey to provide the highest-quality complete service offering and opens up significant cross-selling opportunities.

“We are excited to welcome Ian and his team to the Group. As we continue to grow, Ranger remains a dynamic, maintenance-focused business offering a turnkey solution for all fire and security services across the UK and Ireland.”

Zaahid Akhtar, KBS Corporate Deal Executive, led the KBS team which advised Fire Door Specialists during the transaction.

“The acquisition of Fire Door Specialists is an excellent platform for Ranger to expand its services and continue to maintain its position as a leading player in the growing UK fire and security market,” commented Zaahid.

“From initial communications through to completion, the collaborative approach demonstrated by Ranger, coupled with a shared ethos of delivering exceptional client experiences, ensures continued success for FDS.

“It was a pleasure to work alongside both parties and the wider team at Hyperion Equity Partners.”

Zaahid also expressed his thanks to KBS Corporate colleagues and external service providers for their work on the transaction.

“Thank you to Sara Fletcher (KBS Senior Document Writer) and Georgia Rothwell (KBS Research Analyst) for their creativity and proactiveness,” said Zaahid.

“I’d also like to extend my gratitude to the team at Freeths, led by James Cowell, for navigating the intricacies of legal due diligence. The industrious and solution-oriented approach demonstrated by Emma Dye, Ruth Short and Lucy Charlesworth ensured a successful transaction, and a special thank you to Stephen Jones for providing expert tax advice.”