INFLEXION takes majority stake in RANGER FIRE AND SECURITY
Context
Inflexion completed a majority investment in Ranger Fire and Security, the fire and security services platform operating across the United Kingdom and Ireland, in a deal announced on 15 June 2026. The investment was made through Inflexion Enterprise Fund VI, the firm's lower mid-market fund, while existing investor Hyperion Equity Partners made a substantial re-investment alongside it and the management team also reinvested. At the time of the deal, Ranger generated revenues of more than and employed over 500 people, having completed 25 acquisitions since its launch with Hyperion's backing. Chief executive Mark Bridges and the rest of the leadership team stayed in post. Inflexion pointed to Ranger's acquisition record and to the scope for further integration of back-office functions across the group as the main reasons for investing. The new capital was to fund continued purchases of local fire and security businesses, the core of Ranger's growth model, and to build a genuinely national platform, with the possibility of expanding into continental Europe later. Hyperion partner Dylan Smith said the firm's re-investment reflected its conviction in Bridges and the Ranger team. PwC provided sell-side financial and tax due diligence for Ranger, with Gateley Legal advising the management team, while Inflexion was advised by Oppenheimer and Addleshaw Goddard.
-> Deep-dive in Business Services market trends
Target
Ranger Fire and Security installs and maintains fire and security systems across the United Kingdom and Ireland, covering fire alarms, extinguishers, emergency lighting, sprinklers, intruder alarms, CCTV and access control, together with the inspection and maintenance that keep these systems compliant. It works as a group of local fire and security companies that keep their own names and customer relationships while sharing back-office functions, which lets it serve a single site or a national estate under one contract. Its customers are businesses, charities and public sector organisations, and it is headquartered in London.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (GBP)
Similar deals in Facility Management
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2026 | CAPVEST PARTNERS | TSG (TECHNICAL SERVICES GROUP) | FRANCE | Electrical |
| 02/2026 | TSG (TECHNICAL SERVICES GROUP) | TEPU HOLDING (PFANNER & FREI + RE.COM ELEKTROANLAGEN) | SWITZERLAND | Electrical |
| 01/2026 | HALMA | SAFETEC | ITALY | Security & Guarding |
| 01/2026 | EUROFEU | PIGHI | ITALY | Security & Guarding |
| 12/2025 | CAPZA | MYRIUM | FRANCE | Maintenance |
| 12/2025 | BAIN CAPITAL / MUBADALA | Service Logic | UNITED STATES | HVAC |
| 10/2025 | ANDERA PARTNERS | XELIANS | FRANCE | Document Management |
| 10/2025 | TURENNE CAPITAL | M-ENERGIES | FRANCE | HVAC |
| 10/2025 | BNP PARIBAS DEVELOPPEMENT | AGP (ALLIANCE GLOBAL PROCUREMENT) | FRANCE | BPO & Outsourcing |
| 10/2025 | MITIE GROUP | Argus Fire Protection | UNITED KINGDOM | Security & Guarding |
REFERENCES
Revenue range: 50M - 100M GBP
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of RANGER FIRE AND SECURITY by INFLEXION are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: ranger fire and security
Acquirer: inflexion