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RSM advises Protec Fire and Security Group on ‘pivotal’ deal

The transaction combines two businesses and offers both companies the opportunity to expand into different markets and ‘strengthen’ its presence within the global fire safety and security sector

RSM UK has advised fire detection and security technology specialist Protec Fire and Security Group Ltd on its sale to Bosch Building Technologies (BBT).

Protec is a system integrator for security and fire detection technology in the UK, employing around 1,100 employees at its nine sites across the UK and the Netherlands with a turnover of £125m.

BBT has the focus of its European system integrator business in Germany and the Netherlands, and is also active as a system integrator in the USA and Asia.

It revealed the transaction combines two businesses and offers both companies the opportunity to expand into different markets and “strengthen” its presence within the global fire safety and security sector. 

According to the firm, the transaction was led by RSM UK’s corporate finance partner John Daly with support from Kirsty Sandwell, Helen Gibson and Becky Mist. 

Barrie Russell, founder and chairman of Protec Fire and Security Group Ltd, said: “With Bosch, we found a great partner who values our history, brand and our extraordinary team. I believe this cooperation will open up great opportunities for our company as well as our employees and lead into a successful future.”

John Daly, corporate finance partner at RSM UK, added: “The complex deal adds scale and reach to accelerate growth and allows the combined business to target new markets and enhance its overall offering to new and existing clients.”

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