Security companies remain in vogue as Inflexion-backed Ranger Fire and Security acquired D&G Security Systems, a Worcestershire-based firm founded in 2011. Since Inflexion's June investment, Ranger has made multiple add-ons, taking its total to 26 businesses with over 550 employees and revenues exceeding 75 million pounds. Meanwhile, Advent International opened a new office in Abu Dhabi's ADGM, appointing Mehdi Iraqi to lead limited partner services.
The firm joins a growing list of PE houses, including EQT and Eurazeo, establishing a presence in the Middle East. Earlier deals this week included Platinum Equity's acquisition of Trime and Rockpool Investments' backing of Industrial Door Systems, highlighting continued momentum in the security sector.
Source: PE Hub · Summarized by HeadlinesBriefing