Firewatch Share Purchase
Max Willey & Kevin Smith directors of Firewatch Southwest Ltd the Newton Abbot based fire protection company have recently completed a successful Retirement Share Purchase.
Martin Smith CEO who co-founded Firewatch SW Ltd in 1998, taking a majority shareholding in 1999 was joined by fellow directors Max Willey and Kevin Smith in 1999 and 2002 respectively, he has decided to take semi-retirement and sell his and his wife’s Jill controlling share interest to Max Willey Managing Director and Kevin Smith Finance Director. Martin takes on the role of Chairman and continues as shareholder of Firewatch Southwest Ltd.
Martin, Max & Kevin were assisted with the deal by Martin Pitcher of HSBC Commercial Exeter, Cris Boyce of Boyce Hatton Solicitors and Paul Beard Senior Partner of Darnell’s Accountants based in Newton Abbot.
Firewatch has built its reputation on quality of services and client satisfaction founded in 1998 has in excess of 2,500 clients serviced by 49 employees based throughout the South West, South Wales and increasingly in the Midlands. A diversified client base of large blue-chip corporations, NHS hospitals, prestigious schools to small local businesses and church halls, Firewatch believes in every client receiving the same high standard of service. Also, having a very successful sign making division in the company called A Signs based at the Newton Abbot Head office in Brunel Road making bespoke signage and vehicle livery and banners etc.
From L To R: Kevin Smith: Centre Martin Smith, Max Willey
Max Willey Managing Director says “For Kevin, myself and our employees it means stability and security for the company and ensures the opportunity for the further growth of Firewatch SW Ltd. We still look forward to working together as a board of directors and hope Martin and Jill enjoy their semi-retirement”.
Martin Smith added “It was very important to me that the longevity of Firewatch was secured and I have every confidence that Max and Kevin will continue with the same ethos of quality service and professional approach to our valued customers. Jill and I want to enjoy our four grandchildren and will now have the time to have more holidays and who knows I might be able to hit my golf ball straight for a change .I will now have time to increase my involvement with local charities in particular the Rotary Club of Newton Abbot”.
Also announced was the appointment of Roy Blunt to the board of Directors, Roy joined Firewatch as an engineer in 2002 and has regularly been promoted. He was Group Operations Manager and is now Operations Director, effective from the beginning of January. Max Willey said “Roy deserved the appointment he will be a great asset to the board and will continue to help grow the company”.
For further information please contact :-
Mr Max Willey
Mr Martin Smith
For further information on Firewatch please visit
www.firewatchsouthwest.co.uk or call 01626 333122