Eversheds advises on two large M&A deals
Eversheds Sutherland has advised security and fire-solutions specialist Fortus Group on two significant acquisitions this week.
The group has acquired the Enterprise Security Group in England, comprising nine separate and independent companies with differing shareholder bases.
The 30-year-old Enterprise Security Group provides new-generation security products and security services.
Re:Sure Intelligence Limited in the North has also been acquired.
Re:Sure, established in 2007, specialises in monitoring CCTV remotely, adding to the capabilities brought to Fortus by its 2020 acquisition of ezCCTV.com in the UK.
Transactions
The transactions closed simultaneously, increasing turnover in the Fortus Group to more than €100 million, with AIB and Rockpool Private Equity in London providing the finance for the acquisitions.