Joint Administrators Confirm A Buyer Has Been Found For The Business

Irwin Mitchell’s Restructuring and Insolvency team has advised on deal which has seen more than 3,000 jobs being saved at a South Yorkshire facilities management and stadium security business.

Intelligent Protection Management Group is a multi-service security, facilities management and stadium management organisation. Its clients come from both the public and private sectors and include councils, football clubs, the NHS, high street retailers, the catering and hospitality industry, social housing schemes and the leisure industry.

Launched in 2006, the company employs over 200 staff in South Yorkshire along with a workforce of more than 3,000 workers throughout the country.

Danielle Shore and Ryan Holdsworth from the Sheffield office of Leonard Curtis, were appointed as joint administrators of Intelligent Protection Management Group.

The joint administrators have confirmed that a buyer has been found for the business and that all jobs have been secured.

Danielle Shore said: "This is a great result for the company and for the region's economy and we are particularly delighted that jobs have been saved now that the business’ future has been assured. We are pleased that such a positive outcome has been reached and wish the new owners every success as they take the business forward."

Tom Paton, Curtis Blackham and Rachel Piper from Irwin Mitchell, advised the administrators. Banking & Finance partner, Dan Webster, also advised on the deal.

Expert Opinion

“I am immensely proud of our team’s efforts and I am confident that this positive outcome will pave the way for continued success. We wish the business every success as it moves forward.” Tom Paton, partner at Irwin Mitchell.