A West Midlands security firm has been bought out by a North Wales business.
Oakwood Security Solutions has been acquired in an undisclosed deal by Mold-based Parallel Security. Oakwood operates from offices in Lichfield and Coventry.
Parallel Security was established in 2014 and specialises in a range of security services including site security, mobile patrol, key holding, events and training.
The company's key sectors include construction, healthcare, hospitality and leisure and retail.
Parallel Security's managing director Francis Johnson said: "The majority of our clients are in North Wales, North West England and increasingly the Midlands.
"The acquisition of Oakwood Security Solutions, which specialises in key holding and manned guarding, is a strategic move to enable us to capitalise on our growth in the region and further increase our footprint.
"It will also provide us with an excellent base from which to offer our full suite of training solutions for security professionals.
"We are delighted to welcome the Oakwood staff into the Parallel team and we anticipate there being further recruitment across the various divisions of our business over the coming months."
