London business, Banham, has acquired Swindon-based Tops Security.
It is part of Banham’s business growth after almost 100 years in business.
Founded in 1926 as a result of burglaries at the family business, Banham is now a major provider of home security systems in London and the south-east of England.
The British, family-run business, currently in its fourth generation of Banham family, has seen significant year-on-year growth..
Banham’s string of acquisitions has continued since securing Willenhall-based manufacturers, Guardian Locks, in 2021.
The Group has been expanding their reach outside of their specialty areas of London and Southeast of England for several years now, providing security to aspirational residential towns in the West Country such as Bristol and Bath, making the acquisition of Tops Security a “natural fit”.
With Banham now having a local presence in Swindon, this will allow them to further its reach in providing homeowners and businesses access to their locks and alarms and integrated security solutions throughout the west of the country.
Charles Hallatt, Executive Chairman at Banham said the acquisition of Tops represents an “exciting” period in the company’s growth ambitions and sees comparisons in the family nature of the businesses.
Hallatt added: “Banham are delighted to officially welcome Tops Security to the Banham Group family. This acquisition marks an exciting time for Banham’s growth as we look to expand our business into the West Country. Banham will now have a physical premises in Swindon, bringing our locations to a total of eight across the UK.
“With us both being family owned and run, there is an undeniable natural synergy between Banham and Tops Security in both our core values and the way in which we operate.
“It is important that we work closely together to continue to work with local communities, develop our people into leading experts and also provide a premium product and service to our customers.
“Tops joining Banham will add to and complement our growth plans for the future.”
Go to www.banham.co.uk
“The companies share several core values, notably both proudly being industry experts with a strong family ethos, having a shared focus on quality, premium electronic security and technology and a commitment to nurture young talent within the industry.
“Founded in 2008, Tops Security pride themselves on having created leading design, installation and on-going technical support for commercial and domestic clients within Swindon and the surrounding areas.”
Simon Rushton, Director and Owner at Tops Security said: “This is a very proud moment for us all at Tops Security and is a true testament to our continued success since we started the company in 2008.
“I am delighted that Tops Security have joined the Banham Group which allows us to elevate our security offering with Banham’s range of iconic, UK manufactured products and leading security service.”
Gary Jones, Director and Owner at Tops Security said:
“We look forward to the start of this new partnership with Banham and the exciting prospects that lie ahead.
“We strongly felt that Banham’s name, reputation, ethos and plans for Tops provided the very best opportunity for everyone involved and gives us a stable, and exciting future for our whole team.”
Banham was founded in 1926, Banham are the largest provider of security systems to properties in London and the South East of England.
Banham was born as a company after William F Banham and his wife Marie-Ann suffered a series of burglaries at their shop in west London.
Unable to insure the business unless the door was bolted from the inside, William invented the first automatic door bolt.
From that base the Banham Patent Lock was conceived.