SEI acquired by management team

Leyland-based Security and Electrical Installations Ltd has been acquired by its management team.

Directors Bradley Ogden, Ian Hearle, Callon Ogden and Sharon Clarke have acquired the firm, which trades as SEI, from majority shareholders and founders Paul Mercer and Alan Ogden. The value of the deal has not been disclosed.

SEI was founded in 2002, employs 23 staff and works with clients nationwide. Specialist services include the installation and testing of security, data cabling and electrical systems for a wide range of industrial and commercial clients including the NHS, HM Prison Service, education providers and local authorities. The company is also well-known for its work on high security sites in the energy, utilities and defence sectors.

In addition to security and electrical systems, its other services include LED lighting design and replacement, fibre optic installations, fire detection systems and the installation of electric vehicle charging points.

Paul Mercer said: "Alan and I are proud to have passed the business on to an outstanding management team who embody these same values. They are the right team to take the business forward and will ensure seamless continuity for our valued clients." 

Bradley Ogden added: "My fellow directors and I are privileged to have been entrusted to take the business on the next stage of its journey. Our whole team is committed to providing our clients with the same high levels of service and quality for which SEI is known."

The corporate finance and tax teams at MHA Moore and Smalley advised Paul and Alan on the sale of the business, providing deal structuring, valuation and tax advice. MHA Moore and Smalley’s deal team was led by corporate finance director Stephen Gregson, tax partner Tony Medcalf, tax director Michelle Taylor, and corporate services director Judith Dugdale.

David Filmer of Forbes Solicitors advised Paul Mercer and Alan Ogden on the sale. Nicola Whittle at Brabners provided legal advice to the management team.

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