Incentive secures strategic acquisition

01 March 2012

Incentive FM Group has acquired Lynx Security Services Ltd. The business, which will be renamed Incentive Lynx Security Ltd, has traded since 1983 and has annual sales of £12 million.

The acquisition re-enforces Incentive FM Group’s ongoing strategy to offer customers a full range of self delivered, tailored solutions covering any permutation of consultancy, TFM, integrated FM, single service and a bundled services solution. As a result of the acquisition Incentive FM Group, who started up in business 10 years ago, now has a total revenue stream of just over £40 million per annum and 1350 staff across all disciplines.

Incentive Lynx Security will continue to offer a range of stand alone core security services to its customers including the supply of Security Officers, Reception Services, Keyholding Services, Loading Bay Management, Remote CCTV Monitoring, Patrol and Alarm Response Services, Security Audits and the supply of Temporary Security and Corporate Event Security staff. The existing management team will remain and become part of the Incentive FM Group.

Commenting on the acquisition Jeremy Waud, Managing Director at Incentive FM Group, said: “Unlike most of our competitors we are very flexible and as an SME organisation with an unusual breadth of offer, our customers really get the solution that suits them best, rather being shoehorned into an off the shelf standard contract. The high profile and high quality Lynx security service is very complementary to Incentive FM Group’s contract cleaning, consultancy and facilities management activities and broadens our range of services for customers.”

Craig Pickard, Managing Director at Incentive Lynx Security Ltd, said: “We have worked closely with Incentive FM over the years and always been impressed with their commitment to a quality service which we feel mirrors our own. For our customers it is business as usual except that they will now have the added benefits of us being part of a stronger and broader FM services organisation.”