Together the companies, which are based in Northwich and which also have operations in Wakefield, operate a nationwide integrated Facilities Management business providing a full suite of support services including manned guarding, key holding, cleaning, CCTV installation and monitoring and waste management.
Immediately following the appointment of administrators, certain business and assets of all the companies were sold to Select Security (Northwest) Limited, who will continue to service the customer contracts going forward. As part of the sale, all 273 jobs have been preserved.
Paul Flint, associate partner at KPMG and joint administrator, said: “We are delighted to have been able to conclude a sale of the business and its assets immediately following our appointment, preserving almost 300 jobs and ensuring a continuity of service for customers.”
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KPMG LLP, a UK Ltd liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.