Upstream - The Newsletter of Incentive FM Group

Incentive Lynx Security - Major Strategic Acquisition

On 1st February Incentive FM Group acquired Lynx Security Services Ltd. The business, which has been 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, our Group, which started trading just 10 years ago, now has total sales of just over £40 million per annum and 1,350 staff across all disciplines.

Incentive Lynx Security Ltd continues to offer a full range of stand-alone core security services to its customers including the supply of Security Officers, 
Reception Services, 
Key holding 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 have all joined us and become part of the Incentive FM Group.

Left to right: Mike McRoberts, Roland Bull, Craig Pickard, Raj Pradhan, Bob Crowhurst

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.”

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.”

“For Incentive this is a really major step forward and the whole company is visibly excited by this step change in our business – this really does feel like we have a grown up business on our hands now” said Jeremy.

In terms of significant events over the life of the business, Quality Assured Services (QAS) joining the group in 2009 was a big deal and this one is even bigger. The consistent feature is trust – in both cases the managing directors of the businesses have been trusted industry figures and more specifically personal friends away from work. This trust and confidence underlines our joined up culture and this expansion will be a great success for our staff, our customers and our shareholders.