• Sun. Nov 24th, 2024

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ABCA Systems Acquires Citrus Group, Its Fourth Recent Strategic Investment

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Newcastle-based ABCA Systems, one of the UK’s leading providers of Fire, Security, and Electrical Compliance Solutions, has announced the acquisition of Citrus Group, marking their fourth acquisition in the last eight weeks. This acquisition follows the successful takeovers of Maintec Ltd, A.G.S. Tech Ltd, and HBS Fabrication Northwest Ltd, all based in the North West, further solidifying ABCA’s dominant market position across the UK and northern footprint.

Based in Prescot, near Liverpool, Citrus specialises in electrical installation, repairs, and testing services, particularly for local authorities and housing associations across the Midlands and Northern England. The acquisition will significantly enhance ABCA’s existing capabilities in the Electrical Compliance Solutions space, while also expanding their footprint in the North.

Phillip Miller, Group CEO of ABCA Systems, expressed enthusiasm about the latest acquisition: ” Citrus aligns perfectly with our strategy to broaden our capabilities in key regions and service areas like Electrical Compliance, which are relevant to our existing and new customers and where we see growing demand. The Citrus team’s expertise and dedication to safety and quality make them a valuable addition to ABCA. We are excited about the opportunities this partnership will unlock for both companies as we continue to grow and diversify our offerings. Once again, our company motto of getting “the right people, at the right place and at the right time” remains at the core of our values and growth strategy. We are thrilled to welcome the Citrus team to the ABCA family.”

Citrus has built a strong reputation for ensuring the highest standards in electrical and fire system repairs and testing. Their mission and vision align seamlessly with ABCA’s focus on delivering trusted and reliable service.

Jack Stockton and Michael Barnes, owners of Citrus Group, shared their thoughts on the acquisition:

“Joining ABCA Systems is a natural progression for Citrus Group,” said Jack Stockton. “Through this sale to ABCA, we will be able to extend our expertise and services into the Electrical Compliance space more effectively, which will only strengthen our offering to local authorities and housing associations.”

Michael Barnes added, “ABCA’s vision and values closely mirror ours. This partnership will allow us to grow further, while continuing to provide the high-quality service that our clients expect and trust.”

Ali Khanbhai, Chairman of ABCA and Partner & Co-Founder of Trimountain, said:

“The highly strategic acquisition of Citrus highlights ABCA’s unwavering commitment to expanding its capabilities and geographic reach as we continue our mission to better serve our customers and in turn, cement ABCA’s position as one of the UK’s leading Fire, Security and Electrical Compliance Solutions providers. Whilst we continue to grow at pace organically, we remain focused on identifying further acquisitions such as Citrus which we believe will enable us to support our customers, enhance value and importantly bring more talented people into our team.”

Phil Batson, Managing Director of ABCA Systems, commented on the acquisition: “The addition of Citrus Group to our portfolio is a significant step forward for ABCA. Their expertise in electrical installations and compliance perfectly complements our existing services, allowing us to offer a more comprehensive solution to our clients. We look forward to working closely with the Citrus team and are confident that this partnership will drive mutual growth and success.”

Operations Director at Citrus Group, Daniel Kelly was delighted with the acquisition. “This move will create a brighter future for all parties concerned and will strengthen the group with a level of unprecedented growth.”