SGD Security
Business profile
Location: Cardiff
Sector: security
Web site: www.sgdsecurity.co.uk
Investment
Amount: undisclosed
Type: loan
Executive: Nick Larcombe
Why we invested
SGD Security is an independent security company, providing
specialist electronic security equipment. It has a strong UK
expansion strategy.
The company is a well-established, with a wide customer
base including business, public sector and domestic clients.
As part of its growth strategy, SGD Security planned to acquire
Bedwas-based, 1001 Fire and Security Ltd.
The outcome
Finance Wales structured the right development capital deal and invested in SGD
Security’s acquisition of 1001 Fire and Security. The move has
boosted its turnover by 20%.
SGD Security has increased its market share of the commercial
new build sector for fire alarm, access control and CCTV systems.
It has increased its product range and strengthened its team of
engineers.
Testimonials
“Finance Wales’ debt investment will enable
SGD to realise its growth ambitions by implementing its expansion
strategy and targeting new markets.” Nick Larcombe, investment
executive, Finance Wales.
“SGD has a clear expansion strategy and the
investment by Finance Wales brings us closer to our goal.” David
Witts-Price, chief executive, SGD Security Ltd.