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MARLOWE PLC M&A Activity 2022
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M&A Activity
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National Storage Mechanism | Additional information 
RNS Number : 3596B
Marlowe PLC
11 February 2022
11 February 2022
Marlowe plc
Acquisition of S F Fire Limited
Marlowe plc ("Marlowe" or the "Group"), the leader in business critical services and software which assure regulatory compliance, announces that it has acquired S F Fire Limited ("S F Fire"), a provider of fire safety services, for an enterprise value of up to £1.1 million including a payment contingent on integration of £0.1 million.
For the year ended 30 September 2021, S F Fire generated profit before tax of £0.2 million on revenue of £0.8 million. Net assets at 30 September 2021 were £0.5 million. The acquisition will be funded from Marlowe's existing cash resources.
For further information:
| Marlowe plc | www.marloweplc.com |
| Alex Dacre, Chief Executive | Tel: +44 (0) 203 813 8498 |
| Adam Councell, Chief Financial Officer | [email protected] |
| Julian Wais, Head of Investor Relations | |
| Cenkos Securities plc (Nominated Adviser and Joint Broker) | |
| Nicholas Wells | Tel: +44 (0)20 7397 8900 |
| Ben Jeynes | |
| Berenberg (Joint Broker) | |
| Ben Wright | Tel: +44 (0)20 3207 7800 |
| Mark Whitmore | |
| FTI Consulting | |
| Nick Hasell | Tel: +44 (0)20 3727 1340 |
| Alex Le May |
About Marlowe plc
Marlowe is a UK leader in business critical services and software which assure safety and regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services. It is focused on health & safety, compliance software, employment law & HR compliance, fire safety, security, water treatment & air hygiene and occupational health services - all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation. Marlowe currently provides services to over 15% of Britain's commercial premises and is increasingly attractive to customers who require a single outsourced, nationwide, provider of a comprehensive range of regulated compliance and safety services. Our customers can be found in most office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.
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