Lodge Security has acquired Ladbroke Security Services, which operates 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.
Founded in 1990, the business employs 120 staff and has reported sales of £2.25 million.
Speaking about the acquisition, Stuart Lodge, CEO, Lodge Service, 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.”
Lodge Security is one of the UK’s top 30 security service providers by size, a third-generation family-owned business that celebrates its 100th anniversary in 2019.