Fortus Group Holdings has acquired Enterprise Security Distribution and the remote CCTV monitoring company RE:SURE. The deal gives the enlarged group a turnover of £100 million, or an estimated 10% of the £1 billion Ireland and UK security product market.
Brian Honan, founder and CEO of Fortus, said: “These transactions will double the size of Fortus to over €100m in revenue. Our strategy is to become the largest security and fire supply chain business in the UK & Ireland.”
According to Brian, buying the two companies allows Fortus to offer an ‘end-to-end’ security solution. Through the acquisition of Enterprise, Fortus has expanded its footprint across England, as well as gaining access to new products through Enterprise’s existing supplier distribution agreements.
Re:Sure Intelligence’s current senior management, Managing Director, John McMahon and Commercial Director, Emmet Hogan will retain a significant stake in the business post acquisition.