PKF member firms collaborate on trio of acquisitions

PKF International is proud to report that member firms in Ireland and the UK have worked together to advise Fortus Group on three recent deals. 

Fortus, an Irish-founded security solutions distributor and remote monitoring business, has enjoyed a period of rapid growth, with revenues increasing from EUR 16 million to EUR 100 million over the last five years. Backed by AIB Equity Capital, the group continues to expand in the UK and Europe through strategic acquisitions. 

Corporate finance teams at Dublin-based PKF O’Connor, Leddy & Holmes and PKF Francis Clark’s Bristol office were appointed to provide financial and tax due diligence on the acquisition of the Electric Gate Shop, Specialized Security Products and Red Rhino. Led by David Lucas and Jack Swinburne in Dublin and Sam Phillips in Bristol, the PKF team worked seamlessly to advise on this complex project which involved a number of stakeholders. 

Mark Brophy, CEO at Fortus Group, said, “This was a terrific deal to get closed and it was great working with the combined PKF team in the UK and Ireland once again. … We look forward to working with PKF again as we continue to grow in the UK and Ireland and now into mainland Europe with the backing of AIB.” 

For more information about corporate finance services at PKF, please click here. Read more about the services offered by PKF O’Connor, Leddy & Holmes here and those offered by PKF Francis Clark here.