The Regency Security Group is incredibly pleased to announce we have now completed the acquisition of Abal Security Services Ltd.
Abal Security Services Ltd is a highly regarded private security company in the South of England. Established in 1995, Abal quickly became known as one of the most dynamic companies in the market. Abal deals in similar fields to the Regency Security Group, Door Supervision, Guarding & Events, Event Security, Key Holding & Mobile Patrols and Close Protection, so it was a natural fit when the acquisition was first brought to the table.
Regency Security has always stayed true to our ethos of being a standards-driven company. With each industry accreditation we have always been at the very forefront of compliance, so when looking at potential businesses acquisitions, it is important that we only work with companies with similar business practise. Abal holds the ISO:9001 standard as well as being one of the first companies in the UK to become an ACS company and compliance has always been an integral part of their business.
Tom Richardson from Abal Security said Having worked in the security industry since 1983 and been one of the leading security firms in the South of England for many years, Regency Security and Gary Powers are names that we regularly come across. Regency and Abal have similar business models, clients and processes and it is a name that I have always had a lot of respect for. When I decided it was time to sell my business Regency was the obvious choice. I have worked hard for many years to get the good name that we have, and I feel that going forward Regency will be able to best serve my clients and Door Staff. I wish Gary and Regency all the best in taking both businesses to the next level
Abal’s client base consists of large leisure companies such as Stonegate and Wetherspoons along with many independent venues predominantly situated in Kent, Sussex, Surrey and London. There will be approximately 150 venues moving across to the Regency fold and some 300 Door Supervisors meaning that Regency will be supplying in excess of 2000 Door Staff every weekend across the country, securing the position of the largest provider of Door Supervisors in the UK. Regencys turnover will be in excess of £20m.
Gary Powers, Managing Director of The Regency Security Group said The acquisition of Abal is a very exciting time for us here at Regency. When I was approached by Abal to discuss the acquisition I could instantly see that through their clients and standards there was a natural fit between the 2 companies. Tom and I have worked alongside each other for many years and I was very keen to discuss the opportunity. This is our 3rd acquisition in 18 months having previously acquired Securidoor and Doorsec, and obviously when integrating 2 companies there is an increase in work load for my Operations and Office Staff. Im very lucky here at Regency to have a great team behind me and I would like to extend my thanks to them for doing a great job at making the transitions seamless as possible. Im very confident we will serve Abals clients and Door Staff well and I welcome them in to the Regency family’.