Announced
Financials
Tags
fire protection consultant
United Kingdom
Security Equipment
Acquisition
Domestic
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Mitie Group, a British strategic outsourcing and energy services company, agreed to acquire GBE Converge Group, an independent fire & security company, for £27m. "We are delighted to welcome the GBE team to the Group. As our customers' needs for facilities transformation evolve and demand grows for 'smart buildings', Building Management Systems are increasingly converging with Fire & Security platforms. The acquisition of GBE brings sophisticated intelligence-based Fire & Security capabilities and enables Mitie to broaden the range of projects we can self-deliver for our customers in the built environment," Phil Bentley, Mitie Group CEO.
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