Secom Plc has strengthened its position in the financial sector through the acquisition of electronic security specialists Capital Q High Security Services.
Capital Q, known for its expertise in the retail banking security industry, will act as an autonomous, wholly owned subsidiary, working with Secom's high security division.
Minoru Takezawa, managing director of Secom, says the acquisition marks the start of an "exciting era" for the firm, and praised Capital Q's strong reputation.
He commented: "The operation is very professional and the team has a wealth of expertise in this sector. Capital Q fits in extremely well with our existing High Security Services division."
Both firms prioritise the delivery of a quality service to customers, he added.
Capital Q founders Jeff Daniells and Terry Darrant bring with them 60 years of experience in providing electronic security services to the banking sector.
The firm currently installs and maintains intruder alarms and CCTV security systems for a major banking group with branches across the UK, including the Isle of Man and the Channel Islands.
Secom is confident the acquisition, along with the recent contract secured with a major bank, will boost its presence in the UK banking industry through the delivery of quality security solutions.