Peterborough based Intacept Management Ltd t/a Intacept Security wanted to expand their business locally. They approached Logue Corporate who identified several targets finally filtering down to one local business in St Neots, Oakpark Security. Logue Corporate then assisted Intacept in managing the negotiation process.
“This was a complicated deal due to the distance between the price aspirations of the buyer and seller. We were able to use various models to move both parties to an amicable deal. Due to the rapid downward cycle of security industry margins it has become difficult to act solely in the interests of one party, but to identify fair market value which requires buy for both parties. Our industry knowledge and creativity provided a platform on which both the buyer and seller felt comfortable in moving forward,” said Bobby Logue the Principal of Logue Corporate.
Fred Milner, the MD of Intacept Management Ltd t/a Intacept Security commented; “When I decide to expand our business through acquisitions the first person I contacted was Bobby Logue of Logue Corporate. From my very first meeting with him where I explained what type of company I was looking for all the way to completion Bobby was always professional. He had full understanding of the ups and downs of the process and was always on hand if I needed to run anything past him”
Logue Corporate was established in 1997 and has played a key role in several major acquisitions. Bobby Logue, our Principal, has been in the security business sector for over 30 years. He has received industry accolades such as the BSIA Services to Security Industry (2012), Skills for Security – Services to the Security Business Sector (2006), and twice a finalist in the Association of Security Consultants, The Imbert Prize (2010 and 2012). Since 1997 Logue Corporate has produced the security industry news website, Infologue.com which provides industry analysis, Infologue.com table of the Top 20 UK security companies and a table of the top 5% ACS companies in the UK. Logue Corporate is the business services division of Interconnective Limited, the security products, business services, and security industry training group.