Beech Tree today announces an investment in Obsequio Group, the technology driven compliance and safety solutions provider
Summary
Beech Tree Private Equity today announces an investment in Obsequio Group, the technology driven compliance and safety solutions provider. Today Obsequio also announces the acquisition of APS Security & Fire, the Nottingham based fire and security company with over 20 years of heritage in the design, installation and maintaining of intruder and fire alarms, CCTV, access control and integrated systems.The combined Group provides a range of technology driven compliance solutions to ensure the environments where people spend their time, whether to live in, learn in or work in, are completely safe.Obsequios customers include hospitals, Universities, local authorities, leisure centres and student accommodation providers who all place their trust in Obsequios highly skilled engineers to supply, test and maintain safety systems across fire detection and protection, water quality management, security, electrical safety and energy efficiency/usage.Customer service is at the heart of everything we do. Beechbrook have also rolled over their existing facility as part of the transaction.We have made a number of acquisitions over the last two years and feel like now is the right time to bring on a private equity partner who can help us take the business to the next level. We know that Beech Tree share our vision and ambition of building a standout technology led compliance services business and their experience in successfully executing buy and build strategies like ours will be invaluable over the next few years.Commenting on the transaction, Ben Cartwright, Investment Director at Beech Tree, said:From the beginning, we felt a strong cultural alignment with Simon and Simon which is incredibly important to us. We will immediately be looking to originate bolt-on opportunities in the fire safety space, as well as looking at further acquisitions in areas such as water compliance, building management systems and electronic security.