Lodge Security has acquired Ladbroke Security Services, which has 120 staff and sales of £2.25 million. The company was founded in 1990 by retailer Chinacraft to protect its assets and has expanded its services to include 30 independent customers.
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.
Stuart Lodge, CEO, Lodge Security 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.”