ABCA Systems, based in Killingworth has acquired Tyneside Security, reuniting schoolmates and respective owners Phillip Miller and Chris Pattinson.
As part of the deal, Phil has installed Chris as managing director of the fire and security firm, which has a 180-strong workforce.
“ABCA is a North East success story and already one of the UK’s market leaders in fire and security systems. The time was ripe for expansion and Chris’s firm is the perfect fit.
“It’s the first business we’ve bought and we’ve bought it because it’s a success with the potential to grow and grow.
“ABCA has grown organically through the years, and we can bring them enhanced accreditations as well as pass on the efficiencies of a large national team to Tyneside Security’s small, local family business to the benefit of our employees and our customers. The fact that I know Chris so well is just the icing on the cake.”
The two bosses who attended Newcastle Royal Grammar School and both still play for the Old Novocastrians football team, took over their businesses from their fathers.
“We’ve known each other for years and became good friends. Talking shop and discussing our business plans was very natural and I was delighted when Phil suggested he take the company under his wings and keep me on as MD.”