Shuretech Acquired by Gunnebo Entrance Control
Entrepreneurs Hub advise Shuretech on sale to international security business Gunnebo Entrance Control
Shuretech, a provider of integrated whole-site security access solutions, has been acquired by Gunnebo Entrance Control, a global provider of entrance control solutions.
The acquisition was facilitated by corporate finance boutique Entrepreneurs Hub Ltd – a firm that provides strategic growth and expert business sales advice to SME business owners and entrepreneurs across the UK.
Established in 2011, Shuretech has grown to offer a comprehensive site security service to businesses and high-net-worth individuals. The company has a particularly strong offering within the highly sensitive data centre sector.
Having joined the business in 2018 and 2020 respectively, Lewis Hakesley and Carl Graham acquired shares through an MBO in 2021. Having achieved their aims for the business, Lewis and Carl came to Entrepreneurs Hub to help them secure the future growth of the business by finding a suitable acquisition partner.
Lewis and Carl said:
I would wholeheartedly recommend Entrepreneurs Hub without hesitation.
The process was demanding and time-consuming and we cannot imagine navigating it without experienced advisors. The value added by the Entrepreneurs Hub team was exceptional. Their combined experience on both the buying and selling sides, particularly in financial matters, proved invaluable.
We had ambitious expectations and a clear target we both wanted to walk away with. The team not only met but exceeded our objectives. Without their guidance, we now believe we would have been significantly disadvantaged during negotiations and would not have achieved the outcome we ultimately secured.
Gunnebo was identified as a strong suiter in the process due to its service-led model, company ethos and global reach.
Howard Lang, President of Gunnebo Entrance Control, concluded:
Bringing Shuretech into the business significantly strengthens our UK engineering capability and reinforces our service-led model. It positions us to deliver greater consistency, accountability and long-term support for customers who depend on secure, high-performing entrance control systems.
James Guglia, who led the deal for Entrepreneurs Hub said:
This transaction was about positioning a high-quality physical security platform in the right strategic context. By reframing the equity story around its exposure to critical infrastructure and data centre end-markets, we were able to generate genuine competitive tension and secure a strong outcome for Carl and Lewis.
The cross border interest from Gunnebo Entrance Control reflected the company ethos and quality of the business alongside the clarity of the growth narrative we built.
Hear from the business owners directly
The right buyer is about more than the number – Shuretech
“Do you want the highest price? But at what cost, to your business, the brand, your people?”
Selling wasn’t the original plan – Shuretech
“Until we were approached with offers on the table it was, who will buy Shuretech?”
A business that runs without you – Shuretech
“I think one of the bigger things is learning to let go…”
It made our business stronger – Shuretech
“Almost without fail you will be able to come out stronger, no matter what you choose in the end, and have a better business.”
Knowing which hills to die on – Shuretech
“When you’re in it it’s not as straightforward as that, because decision feel a lot more personal”
We sold at our best year – Shuretech
“I didn’t want to get to the point of beggars can’t be choosers.”
Would we do it all again? – Shuretech
“If we’d have chosen someone that maybe didn’t have the abilities or cared as much as you genuinely did, I think we would have been a little bit chewed up in the machine”
Life after sale – Shuretech
“There’s certainly a very shiny and exciting future ahead for all of us”
Who to trust with the biggest deal of your life – Shuretech
“You look out there and there’s an array of people doing what you guys do…”
Who will buy Shuretech?
“I think we were surprised at some of the names that came through”
What the buyer thinks – Shuretech
“When it’s your own there’s a personal side linked to it which no one else feels”
What due diligence actually feels like – Shuretech
“Don’t underestimate what it takes and how much detail you’re going to need to provide”
We learned a lot since we bought it – Shuretech
“We skirted a few scrapes, but through hard work comes the gold at the end.”
