Global menu

Our global pages

Close

Eversheds Sutherland advises Fortus Group on two significant M&A deals

  • Ireland

    09-03-2021

    Leading global law firm Eversheds Sutherland is pleased to have advised Fortus Group on two significant and separate acquisitions, this week. Fortus is the largest distributor of security and firesolutions across Ireland and the UK.

    The most significant transaction was the acquisition of the Enterprise Security Group in England comprising nine separate and independent companies with differing shareholder bases. Enterprise Security Group, in business for over 30 years, provides new-generation security products and security services.

    The second strategic transaction for Fortus Group was the acquisition of Re:Sure Intelligence Limited in Northern Ireland. Re:Sure, established in 2007, a remote CCTV monitoring specialist which adds to the capabilities brought to Fortus by its 2020 acquisition of ezCCTV.com in the UK.

    The transactions closed simultaneously, increasing turnover in the Fortus Group to more than €100m. AIB and Rockpool Private Equity in London providing the finance for the acquisitions.

    An international Eversheds Sutherland team assisted the Dublin Corporate Group in the acquisitions. The team led by partner Tony McGovern, Jonathan Ennis and Vanessa Lawlor (Corporate) with multiple firms on the other side advising various sellers and financiers.

    Steve Rodgers, Ann Kilbane and Bronagh McAuliffe (Banking) in the Dublin office advised on the financing elements of the transactions. Damian McElholm (Banking) and Gareth Planck (Real Estate) in the Belfast office advised on the Re:Sure Intelligence Limited transaction. The Eversheds Sutherlands Leeds office assisted in the UK with the Enterprise Security Group transaction (Corporate, Tax and Real Estate).

    Commenting on the significant deals, Tony McGovern, Partner in Eversheds Sutherland’s Corporate Team said: “We are delighted to bring our unrivalled depth and breadth of skills and industry knowledge to support Fortus Group in this significant achievement, whereby two separate acquisitions followed each other rather than competing in the same space. We congratulate Fortus Group and look forward to the completion of many more such transactions as Fortus executes on its ambitious growth strategy.”

    Brian Honan CEO in Fortus Group said: “Fortus is on a buy and build strategy. Our plan is to becomes the largest security and fire supply chain business in the UK and Ireland. A special thanks to our advisers particularly Tony McGovern, Jonathan Ennis and Ann Kilbane at Eversheds Sutherland for getting the deal done…”

    About Eversheds Sutherland

    Eversheds Sutherland is a global top 10 law firm that provides multidisciplinary legal advice and solutions to a global client base ranging from small and mid-sized businesses to the largest multinationals.

    The firm has 68 offices in 32 countries worldwide, including nine in the US. The Irish offices (Dublin and Belfast), which serves as an important European hub for the firms' international client base, employ over 300 talented professionals and have a strong tradition and culture of investing in world-class people and nurturing young talent. The firm provides the full range of legal services, including corporate and M&A, dispute resolution and litigation, energy and infrastructure, data protection, insurance and financial service, employment and pensions, intellectual property, real estate and construction, and tax.

    Eversheds Sutherland holds the internationally recognised ISO 27001 certification for its exemplary data protection and information security in the Republic of Ireland and Northern Ireland for its Dublin and Belfast offices. This ensures the firm follows best practices in protecting its data, improving its cyber security posture and business efficiency, while also ensuring that it meets legal and regulatory data protection obligations.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back