The Shield Group has unveiled new regional headquarters in the heart of Manchester which is expected to create hundreds of jobs in the region.
The state-of-the-art facility, located close to Media City, will aim to further enhance the group’s operations as well as serve its growing client base in the important hubs across the North of England, supporting the company’s branch offices in Glasgow, Leeds and Birmingham.
All other corporate functions will continue to be conducted from The Shield Group’s central headquarters at Austin Friars in London.
The Shield Group – which recently launched four strategic verticals combining traditional manpower and innovative technology to deliver intelligent, risk-based Total Security Solutions (TSS) to its customers – has decided to add to its portfolio of business premises in London and Preston with a new Manchester office.
The flagship building will showcase The Shield Group’s rapidly expanding client base across the north of England and Scotland, as well as its diverse range of business security services.
The move is testament to the success story Shield has enjoyed in the Manchester region, where the company has seen strong growth in recent years and has recently added major clients such as the city’s renowned Imperial War Museum North.
The new office is also set to bolster employment in the region with more than 300 new staff, who are to play an integral role in advancing the corporate ideals and vision of The Shield Group. The location of the Manchester regional headquarters will place the company at the centre of the fastest-growing economy in the UK outside of London.
Smart investment generating local employment
Speaking about the launch of the new regional headquarters, John Roddy (The Shield Group’s CEO) commented: “The decision to open a regional headquarters in Manchester was an easy one. From the first day we set up office in the city, where Shield has operated for a number of years, we have experienced – and continue to experience – phenomenal growth. The new centre is a smart investment that will bring new employment opportunities to the area as well as provide a welcome boost to the fastest-growing economy outside of London.”
Roddy went on to state: “We are delighted with the feedback from our customers in the region and this decision also further extends our reach across the UK. The growing demand for our innovative Total Security Solutions model is testament to our growth and unparalleled expertise in the security sector.”
Heading up the new Manchester operation is corporate account manager Bradley Cohen, who brings with him an extensive portfolio of business development experience working for a range of leading UK-based companies.
Prior to joining The Shield Group, Cohen founded the leading Manchester-based marketing company Mojito Marketing where, through managing major sales and marketing campaigns, he generated more than £27 million in revenue for large companies such as Compass, Chubb, HP and the RES Group.
Cohen has also helped lead on business development operations at several other companies including Romeike, Bunzel plc and Equifax plc, where he worked across a wide range of sectors including finance, manufacturing and leisure.
Speaking about his new role, Cohen said: “I’m thrilled to be heading this amazing new project, which marks a pivotal point in The Shield Group’s continued journey of growth, innovation and success. I’m confident that the decision to strengthen our presence in the North of England will prove to be a successful venture, and I look forward to working with our team in Manchester to grow the business and achieve our overall corporate goal.”
The Shield Group’s expanding footprint
The Shield Group’s business has expanded rapidly over the last few years, with the opening of several new offices around the UK. Shield has geared up its presence throughout the UK by widening its footprint to Glasgow, Leeds, Manchester, Birmingham, Bristol and Belfast.
The number of staff working at the company has increased to over 2,500 and customers to more than 400. Recently, The Shield Group activated the Shield Monitoring System in Preston which has full Category II status, is compliant with British Standards regulations (BS5979) and will further enhance the range of services that the company can provide to its clients.
In order to grow the business volume, Shield has also hired seven managing and regional directors and invested £1 million into an NSI Gold certified Alarm Monitoring Centre in Preston. All of these changes have helped increase revenues just over the last year from £61 million (2013) to £81 million (projected for 2014).
This latest development follows The Shield Group’s acquisition by India’s leading and largest security conglomerate, Topsgrup, back in 2012, whereby the two market leaders set out to strategically collaborate and scale up the company’s services.
With a growth in EBIDTA of 67% from the last financial year, the combined turnover for Topsgrup and Shield this financial year is expected to be around £170 million.
Dr Richie Nanda, executive chairman of The Shield Group, added: “We’re delighted with this announcement and the opportunity it provides for our customers, who now feel that we are closer at hand to continue to provide a world class security service.”
Nanda continued: “The Group has seen significant growth in the service we provide in the region and will use the new regional headquarters to meet these growing demands. Manchester is the ideal location to strategically enable The Shield Group to take advantage of the growing opportunities in the city and expand our services to the neighbouring regions.”