9 April 2019: Law firm Fladgate has advised fire sector specialist BB7 on the investment of £6m by BGF, the UK and Ireland’s most active investor in growing businesses, to create the leading UK fire and security consultancy through acquisition. This began with the acquisition of Manchester based specialist fire consultancy Omega Fire, which will broaden BB7’s geographic reach and service offering.
BB7 is a fire safety and security consultancy with eight offices nationwide and 60 expert advisors. Founded by renowned fire expert Ben Bradford in 2009, it offers three core services to clients: fire engineering, fire risk management and security consultancy.
Omega Fire is headquartered in Manchester and provides fire engineering, computational modelling and fire risk management services through a team of qualified engineers. It is a fast-growing and highly profitable specialist in its sector.
Corporate partner Ian Brent led a team from Fladgate comprising Liam Bracken (corporate), Caroline Philipps (employment) and Gemma Grunewald (tax).
Ben Bradford, CEO and founder of BB7, said: “I had been recommended Ian Brent by a contact whose business he had sold and I was delighted with the whole Fladgate team. They supported me throughout, their advice was very commercial and they were extremely responsive.”
Ian Brent, Fladgate corporate partner, said: “This sector is extremely relevant following the Grenfell tragedy and we are proud to have advised one of the leading companies in fire prevention. We wish Ben and his team the best of luck.”
Rafalie Corporate Finance advised BB7. Charles Russell Speechly provided legal advice to BGF. Freeman Fisher provided legal advice to the sellers of Omega. Kingston Smith advised BGF on the Financial Due Diligence and Taxation. Benchmark Corporate Finance advised the sellers of Omega.