Clearwater advises on servest acquisition

Clearwater Corporate Finance has advised leading security business, Stag Security Services on its multi-million sale to South African support services group Servest Pty, through its UK subsidiary.
 
Clearwater’s support services team advised the shareholders of Stag Security on the deal and comprised partner, Paul Jones and assistant director, John Clarke.
 
Paul Jones commented on the deal saying: “Servest were seeking a security specialist to be able to self deliver integrated services to its clients. Stag Security is a high quality service provider that required a suitable partner to assist in the next phase of growth. The acquisition will enable the company to invest further into broadening its services and client base across the UK.”
 
Graham Watson, Chief Executive at Stag Security, said: “We were impressed from the start with the level of Clearwater’s sector knowledge and the speed and depth in which they took the time to understand our businesses and the issues facing us. Their understanding of the market is second to none and the team were able to source a number of buyers in a difficult market and provide us with the highest quality advice throughout the process.”