Completed sale
SGW Safety & Security Security Business Sold to AESG Project Development Consultant
Knightsbridge sourced investment from a UAE-based firm for the SGW brand…
SGW Safety & Security is a provider of independent security and safety consultancy services, operating from Nottinghamshire and Dubai. Established in 2003, it also holds a 50% equity stake in a research and development company, SGW Ravelin.
The business is one of the leading independent security consultancies in the UK, maintaining its ability to be readily responsive and make robust management decisions for fast-moving projects.
Its founder Simon Whitehouse “wanted to sell shares and step back from the fast-paced life the business created, and to strengthen the management team to facilitate further growth”, explained Peter Taberner, Knightsbridge Deal Executive, adding:
“Chloe Carroll (Knightsbridge Research Analyst) led the buyer research process and conducted it very well. We conducted six meetings in total, and tabled an offer, wrapping the deal up in just ten months from going live on the market.”
The acquirer: AESG Project Development Consultant LLC, a leading global specialist consultancy, engineering and advisory firm headquartered in London, Singapore, Riyadh, Dubai and Abu Dhabi, working on projects throughout Europe, the Middle East and Asia.
AESG was founded in Dubai in 2011 by CEO Saeed Al Abbar and Managing Partner Scott Coombes. The acquisition was led by its Finance Director, Heinrich Botes, after highlighting that SGW operates in familiar areas.
“We presented Simon’s vast knowledge within the sector to Heinrich – this was a key factor, as Simon will remain in capacity for ASEG to utilise. As for Simon, we achieved the buyer profile he set as a goal for us”, Peter concluded.