Leith Mergers & Acquisitions Limited – Completion Announcement – Churches Fire & Security acquires Elite Fire Limited
Leith Mergers & Acquisitions Limited is delighted to announce the acquisition of Elite Fire Limited (https://www.eflfire.co.uk) by Churches Fire & Security (https://www.churchesfire.com/). Churches Fire & Security are a nationwide specialist dedicated to supplying customers with the best in fire safety and security provisions. Established in 2000 and based in Worthing, West Sussex, Elite Fire specialise in fire protection and security services. Exact details of the transaction value will remain undisclosed, but we are able to confirm that the deal was a 100% share sale. The acquisition completed on Monday 24 August 2020.
Churches Fire & Security and Elite Fire offer well-aligned services with a large concentration of regional customers and together, are extremely proud to be able to offer an enhanced national service as a result of the acquisition. This further supports Churches Fire & Security’s strategy of becoming the most comprehensive fire safety and security provider in the UK.
Tony Clark, Managing Director at Elite Fire Limited commented,
“I am extremely pleased to announce the sale of my business to Churches Fire & Security. I am confident that Churches will honour our 20 years of hard work and carry on flying the Elite flag. Looking after our staff and customers was the absolute priority throughout this process, and I have confidence that Churches fit that criteria.”
Charlie Haynes, Chief Executive Officer at Churches Fire Security Ltd commented,
“Following the acquisition of Elite Fire, I am delighted to welcome our new colleagues, customers and suppliers to Churches Fire & Security. This is the 29th acquisition Churches Fire & Security has made and as we integrate the acquisitions, we are always pleased not only to grow our business but take the best from both businesses ensuring we continue to develop and grow our offering, as we continue to work with our customers to keep their property and staff safe from fire and theft.”
Leith Mergers & Acquisitions Limited acted as exclusive M&A advisors to Elite Fire Limited and its Shareholders.
David Nelson, Managing Director at Leith Mergers & Acquisitions Limited added,
“It has been a pleasure to support Tony, Lynne and the team at Elite Fire through this process. They have built a fantastic company with an outstanding reputation in the region and they are rightly proud of what has been the culmination of their life’s work. Churches Fire & Security have secured a high-quality business in Elite Fire and I feel certain that the fit between the two companies, will lead to continued success.
I would also add that it has been refreshing to work opposite the team at Churches Fire & Security as well as their external advisors. Their approach has been professional and transparent from our initial meeting through to completion and this helped to facilitate a smooth transaction.”
Tony Clark (former MD of Elite Fire) added:
“David and his team at Leith were incredible in every way throughout this process. David’s all-round experience and knowledge really helped us particularly when things got tough towards the end! He always remained calm and professional at all times. We will always appreciate the support that David gave us and would not hesitate in recommending Leith to other business owners”
