Acquisition of VIS by Integral
Momentum advised Integral on the acquisition of the business and assets of security specialists Visual Integrated Systems. The terms of the transaction were not disclosed.
Client's view
The acquisition of VIS was a natural next step in our strategy of building a one-stop-shop range of services for our national clients. This development will further strengthen the technical and maintenance resources of our Security and Fire Divisions.Bryan Glastonbury, Managing Director
Overview
Widely known as VIS, Visual Integrated Systems is headquartered in Gloucestershire and has a Welsh office at the Cardiff International Arena (one of its clients). VIS provides a comprehensive portfolio of design, installation and maintenance for surveillance, access, vehicle-recognition, asset-tagging, fire-alarm and event management systems. Clients include major names in retail, commerce, sports venues, schools and hotels - including one of the largest Park Lane hotels in London.
Integral has the UK's largest mobile maintenance fleet of more than 1,200 vehicles, and skilled technicians in every postcode area. It has a turnover in excess of £180 million and employs over 2,500 staff.
Key features
- Momentum structured and negotiated the acquisition on behalf of Integral.
- The transaction was structured as an acquisition of the business and assets of the company.
See www.integral.co.uk for more information
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