Birketts advises OCS on the acquisition of Profile Security
16 January 2024
Birketts has advised leading global facilities service provider OCS on their acquisition of Profile Security, one of the largest independently-owned providers of security services in the UK.
Founded in 1980, Profile has grown from a manned guarding business into a bespoke, technology-enabled security solutions provider operating across the UK. Today, Profile combines traditional physical resources with innovative technologies to deliver high standards of security and protect people, premises, and assets, for customers across the maritime, utilities, local authorities, and manufacturing industries.
The acquisition completed in December 2023, and is OCS’ second investment in the UK market since it merged with Atalian Servest’s UK, Ireland, and Asia operations earlier in 2023, following the acquisition of Accuro, the education and healthcare focussed facilities services provider, in October 2023.
Birketts’ Senior Associate Alex Forwood (Corporate) led the team advising OCS, which included Alex Price (Corporate), Samantha Woodley (Commercial), Nicholas West and Eleanor Bullen-Bell (Employment), Matthew Grindley and Charles Thackeray (Commercial Property), Robbie Watson (Corporate Tax) and Kirsty Porter (Data Protection).
Daniel Dickson, UK & Ireland CEO of OCS said: “Profile Security has built a strong reputation in the market for its professionalism and the quality of service it provides to its customers across the UK. The Company’s leadership in innovation will support our existing focus on technological excellence, ultimately driving the best solutions for our customers who will also benefit from our broadened capabilities. Alex and the Birketts team were fantastic throughout this transaction – thorough, plain speaking and they ensured our timing expectations were met.”
Speaking after the deal, Alex added: “It was a pleasure to once again advise OCS on their latest acquisition. Their resources and strategy will see Profile’s business play a key role in the sector in the future, and the transaction demonstrated once again the strength in depth and responsive, pragmatic service Birketts’ Corporate Team is known for.”