FORMING THE UK AND IRELAND’S LARGEST INDEPENDENT PROVIDER OF CASH MANAGEMENT AND ATM SERVICES
Stoke-on-Trent based cash services firm Security Plus + Limited has been acquired by Northern Ireland headquartered Pivotal to become the largest independent provider of cash management and ATM services across the UK and Ireland.
Founded in 1977, Security Plus + Limited offers secure Cash & Valuables-in-Transit services (CVIT), Cash Processing services, Reconciliation, Banking and Guarding services including CCTV, Alarm Response, Mobile Patrolling and Key Holding. The company has experienced significant business growth and development throughout its tenure.
Pivotal, which is based in Belfast, works with over 3,000 customers across the UK and Ireland including many leading retailers, hospitality and financial institutions, providing secure Cash & Valuables-in-Transit services (CVIT), Cash Processing & Foreign Exchange services and ATM services.
The purchase of Security Plus + Limited represents a strategic decision by Pivotal to unite two long-established independent businesses and doubles the organisation’s current workforce to over 1,100 employees.
Tony Gee, Chairman at Security Plus + Limited commented:
“This year represents my 40th year at Security Plus + Limited, and it has been incredibly rewarding to witness our growth and success throughout this time.”
“Joining forces with Pivotal marks an exciting new chapter for us. This partnership not only secures new opportunities for further growth, but also positions us at the forefront of the European market, ensuring we continue to thrive in an evolving industry.”
Pivotal is the only service provider that provides a full suite of cash in transit, cash processing, coin, foreign exchange and ATM services across the UK and Ireland. Both the Pivotal and Security Plus + Limited brands will remain in place for the immediate future, with an incremental programme of integration being delivered over coming months.
Terry Hughes, Chief Executive at Pivotal added:
“We are delighted to welcome the Security Plus + Limited team to Pivotal. We both have significant histories and a shared mission of excellence and innovation in supporting customers by providing unrivalled cash management alongside our expanding ATM platforms.”
“This acquisition will enable us to boost our client service offering, and significantly increase our footprint across the UK and Ireland, driving our market share.”
“The combination of our two strong customer bases coupled with our innovation and delivery of service excellence will ensure we can offer additional enhanced services to all our clients delivering optimum value for all our customers.”
