Aspire asquisition broadens reach
13 August 2020
UK-based Aspire Platforms has acquired London Tower Services and LTS Powered Access Ltd, both part of the same company.
The deal, brokered by The Hire Exchange, demonstrates Aspire’s ambition to build the Aspire brand and create a national network of specialist access hire services, said the company. It is also opening new specialist Aluminium Tower depots in Manchester, Leeds and Glasgow.
Group Chairman, Simon Dunn, commented, “Our growth and all-round performance in Manchester and Yorkshire, despite the market uncertainty, has been amazing and this has given the board and our young and dynamic management team the confidence to expand into London and the South East and Scotland.”
Co-founder and managing director of the Aspire Group, Vinnie Rourke, said, “The Hire Exchange found us the perfect partners in LTS and this acquisition delivers on all fronts. First, it gives us excellent geographic locations from which to service the wider London and South East market. Second, it gives us two well-respected brands and businesses with the resources and expertise to offer a comprehensive range of access solutions, from conventional Aluminium Towers to MEWPS and supported with specialist products and services to the rail / underground sector.”
The Aluminium Tower Services will be led by newly appointed managing director Andy Davie, formerly of SGB, Loxam and Instant Upright. Paul Fairhall, a founding director of LTS Powered Access, will remain with the business and manage the London operation.
Davie said, ”whilst our core offering is podiums, aluminium towers and low level access for hire, our market proposition is based on an enhanced service offer of bespoke design, assembly, project management and specialist access solutions, particularly relevant in the context of Covid-19 demands.”
Concerning the future, Dunn added, ”there will always be challenges in this market but we have a very clear strategy and we are determined to grow. We’re going to pause to integrate and develop our new businesses, then we’ll be back looking for our next growth opportunities.”