SCC accelerates strategic growth with acquisition of print services firm M2

30—04—2014

SCC has strengthened its print services division with the acquisition of M2 Digital Limited, the UK’s leading independent managed print services business.

This key acquisition will see M2–one of only five nationwide independents in a rapidly growing UK sector–merge with SCC’s existing print services operation, enhancing the company’s specialist capabilities in that area and underlining its determination to increase market share through a blend of organic growth and acquisition.

Representing an early landmark in the company’s strategic plan to significantly expand and strengthen its service division, the investment will see M2’s strong recurring revenues and 180 skilled staff join the SCC brand with immediate effect although the business will remain an independent division.

"With ample capital resources available and revenues increasing across the business it is no secret that we are proactively seeking service-led acquisitions to supplement the company’s existing capabilities. I am delighted to announce the completion of the M2 deal, which I anticipate will be the first of many as SCC continues its strategic evolution," said Chief Executive James Rigby.

"Whilst SCC has invested several million pounds in its UK data centres, technical infrastructure and Cloud capabilities, M2 brings a best-of-breed reputation and an expanding operation to a managed service proposition that now embraces everything from hosting and virtualisation to print for public and private sector businesses."

Founded in 1992, M2 is a prominent independent nationwide managed print services player in a sector growing at around c15% pa. Recognised by leading MPS consultancies Photizo and Quocirca as a market leader with inclusion in Photizo Global Leaders Index, the company serves multiple FTSE organisations.

M2 has developed its own market-leading fully integrated service and supply-chain management platform, M2 Intelligence, which provides customers with real-time control over their entire print services.

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£12 million luxury hotel investment to create 100 jobs

01—04—2014

Rigby Group Plc has announced a £12 million investment in a new luxury hotel at Salcombe in South Devon that is expected to create 100 jobs.

The family-owned business, founded by one of the UK’s most successful entrepreneurs Sir Peter Rigby, has acquired the 35-bedroom Tides Reach Hotel in South Sands from the Edwards family, who have owned it for 47 years.

Rigby Group intends to redevelop the site to create a luxury waterfront boutique hotel under its award-winning Eden Hotel Collection portfolio, which already includes the Buckland Tout-Saints Hotel in nearby Kingsbridge and six other hotels across the SouthWest and Midlands.

The new 50-bed hotel, complete with spa and an extensive terrace with sea views, will offer luxurious waterfront acommidation with high quality and contemporary dining with seasonal ingredients sourced from local suppliers.

Rigby Group has appointed Torquay-based architects Kay Elliot, who specialise i naward-winning waterfront regeneration, hotel and spa projects, to design the new hotel.

A public exhibition is being planned for the spring, with a planning application expected to be submitted by the summer and if approved the new hotel would be open in time for the summer 2016 season.

Mark Chambers, Managing Director of the Eden Hotel Collection, said: “Our ambition is to grow our EdenHotel Collection into the largest boutique hotel portfolio in the South West and Tides Reach will be a perfect fit with our philosophy of offering guests an outstanding visitor experience in stunning locations. We are committed to working with local business, suppliers and people and look forward to being part of the community in Salcombe.

Steve Rigby, Chief Operating Officer for Rigby Group added: "We believe this will be the first boutique hotel new build in the region for some years and we are committed to growing our portfolio of investments in the South West where we see considerable opportunities and synergies with our aviation business in growing the visitor economy."

Last year Rigby Group, which has 6,000 staff and a turnover of £1.75 billion, acquired Exeter Airport as part of its drive to diversify from a principally technology-led business to a portfolio spanning technology, aviation, hotels, property and investments.

The group, which is one of the largest family-owned businesses in the UK and was named Family Business of the Yearin 2013, also owns British International Helicopters, which has a base in Newquay and supplies helicopter support for the Ministry of Defence in the Plymouth sea training areas.

In 2012 Rigby Group disposed of its technology distribution business resulting in a strong cash balance that puts the business in an excellent position to maintain further investment across its portfolio.

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Rigby Group acquired British International Helicopters

31—03—2014

Patriot Aerospace has acquired the interests of British International Helicopter Services (BIH), making the aviation group the UK’s largest domestically owned helicopter operator.

The deal will see Sir Peter Rigby’s aviation company take over BIH’s military support contracts in the UK and overseas. Representing a significant move towards realising the group’s plan to create a leading British commercial helicopter presence in the international aviation market, the agreement makes Patriot the only UK owned operator in the offshore helicopter sector.

Launched in 1986, BIH is a well-regarded operator of medium and large helicopters with particular emphasis on offshore operations and in the defence sector. For more than a decade the company has operated the Flag Officer Sea Training (FOST) helicopter support programme to provide services to the Royal Navy through HMS Raleigh and the sea training areas it manages.

A second contract provides the Ministry of Defence with helicopter services in support of British forces in the Falklands and provides the helicopter lift capability for troops and materials around the South Atlantic islands. Other commercial helicopter activities are undertaken on an ad hoc basis.

The combined businesses operate a fleet of 25 helicopters and employ over 100 personnel. Following the acquisition the BIH operations will become an integrated part of the Patriot group and form the basis of further growth and development focused particularly on the commercial aviation field.

"The acquisition of BIH provides Patriot with substantial experience and expertise in offshore helicopter operations and in providing support to the defence and military sectors. These capabilities extend and enhance the group’s existing in-house engineering and training services, and will enable us to compete even more effectively for opportunities in the expanding UK and international aviation markets," said Paul Southall, Group Finance Director, at Patriot Aerospace.

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Rigby Group adds key acquisition to technology division

19—02—2014

Rigby Group (RG) plc, the parent company for a portfolio of privately owned businesses operating across Europe, the Middle East and North Africa, has completed the acquisition of M2 Digital Limited-the UK’s leading independent managed print services company–through its technology brand, SCC.

The Group, which is focused on five core areas: technology, aviation, hotels, property and investments, has acquired the business from private equity group ECI Partners LLP.

M2 Digital and its 180 employees will merge with immediate effect into Rigby Group’s SCC business although it will retain its standalone brand for the foreseeable future.

The acquisition represents an early landmark in the SCC strategic plan to significantly expand and strengthen its service division.

Stephen Rigby, Rigby Group COO, commented:

"We have very been very transparent in our desire to grow our group of businesses through acquisition and with a strong cash balance, we are in a very good position to do this. This deal is a perfect example of how we will look to add additional strength and capability to our core divisions.

"We anticipate further acquisitions to be completed in the near future as we continue our strategy of growth through further investment."

Senior management and investors at M2 welcomed the move, which will enable the company to pursue an ambitious growth strategy moving forward.

John Hayhurst, a partner with ECI Partners LLP, commented:

"We are pleased to have sold M2 to Rigby Group Plc. Stephen Rigby and his team were a pleasure to deal with. They delivered on their commitment to buy M2 quickly and efficiently and without business disruption and they delivered on their word.

"I am delighted that M2 is joining a business which shares its values of integrity, honesty and client service and which additionally shares its growth ambitions."

David Mitchell, M2 Chairman, added:

"The board and ECI are delighted with this outcome, I am confident that SCC is the right home for M2. We wish CEO John Taylor and all at M2 best of luck and success for the future."

Rigby Group and SCC were advised on the acquisition of M2 Digital Limited by accountants PwC Birmingham and lawyers Wragge and Co. Squire Sanders provided legal counsel for ECI Partners, who were also assisted with tax advice by PwC Manchester.

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Survey names Rigby Group’s SCC as second largest UK channel player

12—02—2014

Rigby Group technology firm SCC has been ranked second in a prestigious listing of the UK's 100 biggest channel players.

Compiled by leading technology sector publication CRN, the third annual rundown of the sector’s most important companies highlighted a pivotal year in which SCC not only strengthened its position at the top of the reseller channel, but also enjoyed continued success with its its pan-European operations.

Widely regarded as the definitive league table of the British industry, the CRN Top VARs 2013 survey recognised year-on-year growth that saw SCC’s turnover reach £665.3 million in FY13, with a number of large managed service contract wins and a growing client base that now includes Marie Curie Cancer Care, Wales & West Utilities, Konika Minolta and GIST.

The report also recognised the company’s achievement in becoming the first UK player to receive pan-Government accreditation for its Secure Multi-Tenanted Cloud service (SMTC), which helped secure a landmark £3 million services contract with Mersey Care NHS Trust.

SCC Chief Executive James Rigby said: “We’re gratified that what has been a very good year for SCC has been recognised in this manner. In addition to signing an unprecedented number of major service contracts, we also won the Oracle Excellence Award for Specialized Partner of the Year–Global, EMEA and UK in Systems and Storage.

"With the continued deployment of Cloud computing remaining the channel's major focus for 2014, we will continue to concentrate on this and other high margin segments of the technology industry including Storage, Intelligent Networks, Virtualisation and Data Centre technologies."

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SCC wins prestigious Oracle Award

02—12—2013

SCC is celebrating after winning a top industry award.

Europe's largest independent technology solutions brand picked up the prize for Server and Storage Specialised Partner of the Year 2013 at the Oracle UK Specialised Partner Awards ceremony held at the London Waldorf Hilton Hotel. Competition for the award was tough, with SCC up against five other companies: BT Engage IT, Computacenter, Esteem and Fujitsu.

The award recognises the tenacity, energy and investment the SCC team has shown during difficult marketing conditions, particularly within the challenges of Oracle acquiring Sun Microsystems, Xsigo and Pillar Data.

James Gallagher, SCC Oracle Alliance Manager said: "This is a wonderful achievement for everyone involved with the Oracle business. The excellent portfolio of Oracle’s hardware and software together with SCC’s 'plan, design, implement and manage' service capability, means we can offer our customers best of breed technology solutions.

"We are very serious and committed to our partnership with Oracle, to delivering enterprise class IT solutions. The team has worked very hard and should be very proud that Oracle has recognised us in this way."

Dermot O’Kelly Oracle Senior Vice President for UK, Ireland, and Israel said: "SCC has enhanced its knowledge of the Oracle portfolio massively in the last 12 months by increasing their number of Oracle Specialisations at an exceptional rate.

"They work closely and collaboratively with Oracle, and take the necessary time to truly understand their customers’ business needs in many areas, but with a strong focus in server and storage systems.

"They have a dedicated Oracle sales desk of 12 qualified and specialised personnel, and have the highest resell volume of T4 servers of any UK partner. That is why the Specialised Partner of the Year for Server and Storage Systems is SCC."

The Oracle Specialised Partner Awards recognise partners for their commitment to delivering innovative, specialised solutions and services based on Oracle hardware and software.

The triumphant SCC Oracle team is James Gallagher – SCC Oracle Alliance Manager, Ben Viollet Oracle Alliance Manager, Brian Lavelle, Chris Barker, Chris Lawrence, Tracy Nugent and Ian Watkins.

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Howes & Rigby Joint Venture is launched

09—10—2013

The international award-winning interior design practice, Taylor Howes, has joined forces with leading property developers, Rigby & Rigby, to launch a new end-to-end property service, Howes & Rigby, catering for the burgeoning HNWI (high net worth individual) market in London. Clients will be able to entrust Howes & Rigby with every detail of their property journey from acquisition and planning to design and build. Each stage will be dealt with by an in-house team, from locating a suitable property down to the plumbing and joinery, making it a unique enterprise in the London luxury market.

Karen Howes, founder and director of Taylor Howes, says that the new venture will play to both their strengths, "The advantage of dealing with one team from beginning to end makes this a very stress-free experience for clients. It was important for us to collaborate with someone who does not compromise and who has the same get-it- right attitude that we do. In Rigby & Rigby we found the perfect ‘marriage’ partners". Steve Rigby, director of Rigby & Rigby, is no less confident that the partnership will be more than a sum of its parts, "Taylor Howes and ourselves are both coming to this market from existing points of excellence. As Howes & Rigby we will be able to offer a seamless transition for clients between finding the right property to handing the keys over".

Both companies will continue to operate independently. Taylor Howes has been designing couture homes for over two decades and employs a design team of about twenty, overseeing every element of a project from first concept to the tiniest design details. Rigby & Rigby was launched six years ago and has a staff of about the same number, including planning specialists, architects, quantity surveyors and project managers, plus its own in-house building team of about 30 – 40 professionals. No other competitor at this level runs its own builds, something that Howes applauds, "It is a dream to work with a partner who does not sub-contract because there are none of the headaches associated with snagging or missed deadlines and the quality is unrivalled".

Howes & Rigby recently completed its third project, a period conversion in Knightsbridge that is currently on the market for £50 million. The 11,500 sq ft house was completely re-configuring into seven double bedroom suites with subterranean swimming-pool, home spa, gym, cinema and bar, as well as light-flooded principal rooms and a spectacular glass lift. The purchase of the adjoining mews house aloud for this dramatic reconfiguration and also provided the property with three off-street car-parking spaces, It is this lateral-thinking approach that makes the difference in the competitive high-end property market, as Rigby explains, Steve Rigby is confident that together Howes & Rigby will be a dynamic force in the London property market, "The end-to-end service that we are able to offer is almost unparalleled. The vision, look and reputation of Taylor Howes and Rigby & Rigby dovetails exactly, which is why we are so excited to launch this collaboration of Howes & Rigby together

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Rigby Group invests in Dashwood Boat Company

07—10—2013

Rigby Group invests in Dashwood Boat Company

Strong cash balance positions the Group for further growth

01—10—2013

Rigby Group (RG) plc, the parent company for a portfolio of privately owned businesses operating across Europe, the Middle East and North Africa, has published its results for the year to 31 March 2013.

The Group, which has made a number of acquisitions in 2012 and 2013, now encompasses the technology solutions provider SCC, the luxury Eden Hotel Collection, British International Helicopters (BIH), Regional & City Airport Management (RCAM) the property development business Rigby & Rigby and a wide range of additional investments.

Highlights

  • Turnover of continuing operations up 2.6% to £1.6b (2012: £1.5b)
  • SCC UK businesses revenue grew 3.5% to £665.3m (2012: £642.5m)
  • SCC Continental European business revenues grew 2.2% to £906.7m (2012:£887.6m)
  • Group pre-tax profit of £108.8m (2012: £29.4m)
  • Realised £130.4m net profit from £222.1m disposal of technology distribution business, SDG, in November 2012
  • Year-end net cash £196.2m (2012: £3.6m)
  • Increase in net assets to £283.6m (2012: £167m)
  • Operating profit from continuing operations, before acquisitions and exceptional items, was £2.0m (2012: £13.1m), impacted by current market conditions and cost dis-synergies arising from the SDG disposal
  • First steps taking in realignment from technology-led group to multi-asset portfolio
  • Aviation businesses acquired in August 2012
  • Eden Hotel Collection and Coventry Airport businesses acquired in March 2013
  • British International Helicopters (BIH) brand established following aviation acquisitions in April 2012, August 2012 and May 2013
  • Exeter airport acquired in June 2013
  • Rigby & Rigby acquired in July 2013
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Rigby Group PLC unifies aviation activities under British International Helicopters banner

24—09—2013

Rigby Group PLC has completed a reorganisation of its aviation division, unifying all helicopter operations under the British International Helicopter Services (BIH) brand.

The move will see the BIH brand at the head of the group’s helicopter-led aviation activities as it continues to pursue its strategic goal of building a large domestically owned commercial helicopter operator in the UK, leading a planned expansion of the group’s existing military and commercial helicopter business.

"Following a period of rapid growth through acquisition, we have now fully aligned the group’s aviation assets to create a balanced, full-service commercial air operation ready to meet the challenges of the sector," said Rigby Group founder and CEO Sir Peter Rigby.

"The British commercial aviation sector, which is important to both the regional and national economies, is currently dominated by overseas companies. From a strategic perspective UK PLC must address that, and it is clear to us that only a proven company of genuine scale and with real breadth of expertise can mount a credible challenge."

British International Helicopters now employs over 150 people and operates a fleet of 25 helicopters covering offshore and defence, engineering, charter and flying training activities from its bases at Newquay, Redhill, Coventry, Cardiff and Enniskillen.

The company is a well-regarded operator of medium and large helicopters with particular emphasis on offshore operations and in the defence sector. For more than a decade it has operated the Flag Officer Sea Training (FOST) helicopter support programme to provide services to the Royal Navy through HMS Raleigh, while a second contract provides the Ministry of Defence with helicopter services in support of British forces in the Falklands and provides the helicopter lift capability for troops and materials around the South Atlantic islands.

Cardiff Heliport operator Veritair will continue to function as BIH’s utilities division, servicing an operational workload that includes Police and Air Ambulance capability, commercial helicopter support including surveying, pipeline patrols, TV mast calibration, load lifting, forestry and national park services and film work.

London Helicopter Centres, based at Redhill, will maintain and develop BIH’s growing VIP and commercial charter business, flight training for both commercial and private pilots and helicopter engineering across a wide range of helicopter types.

The group’s successful sightseeing and tours business, The London Helicopter, will continue to fly from Battersea and Redhill.

Steve Rigby, Chief Operations Officer at Rigby Group, commented: "Commercial aviation is an expanding sector, and we are now positioned to maximise our opportunities in the offshore energy, military outsourcing and general utilities businesses. As we move forward, it is our intention to create a vibrant UK aviation brand focused on rapid, sustainable growth."

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