Marlowe is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses in the outsourced business service sector with a focus on those that provide critical asset maintenance services in the UK. We are currently focused on fire protection, security systems and water treatment services - which are essential to our customers' operations and invariably governed by regulation, and where customers require a single specialist outsourced provider with nationwide coverage. Our customers can be found on most high streets, in office complexes and industrial estates, and include SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.
The Company is led by a Board of Directors with years of experience in running large quoted and private businesses in the support services sector who bring with them exciting track records in value creation. Floated on the stock market as a cash shell with the backing of the company's supportive principal shareholder Lord Ashcroft the company was launched by Chief Executive Alex Dacre with an ambitious buy-and-build strategy in mid-2015 as Marlowe plc.
Having refined this strategy, in February 2016 Marlowe acquired Swift Fire and Security, one of the UK’s leading providers of Fire Protection and Security Systems installation and maintenance services. In April, 2016 we went on to acquire WCS Group, a provider of integrated water treatment, hygiene, testing and engineering services. We plan to expand and develop our presence in both of these markets and develop our businesses into market leaders across mainland Britain, accelerated in part through further highly targeted acquisition-led growth. In May 2016 Marlowe acquired FAFS Fire Systems, in September H2O Chemicals was acquired, in October Hentland became part of the Group, Titan Fire was acquired in November and BBC Fire Protection and Alpha Peerless Fire were acquired in February 2017.
We also plan to diversify and broaden the services that the group delivers by acquiring and developing specialist support service businesses in complementary sectors with the intention of building a leading group of companies that provide vital critical asset maintenance services throughout the UK. Many of the maintenance services that we are focused on providing are mandatory and necessitated by stringent legislation and regulation. We believe in giving acquired companies a significant degree of entrepreneurial independence and autonomy within a decentralised management structure. Our businesses strive to be the leading specialists within their markets.