A Teesside security firm is creating 55 jobs after winning new work worth almost £5million.

Next Level Security Services is headquartered in Stockton with offices in Leeds, Glasgow, and a new office in Warrington set to open. It has now secured a six figure second round of funding from NPIF – FW Capital Debt Finance, which is managed by FW Capital and is part of the Northern Powerhouse Investment Fund.

NLSS was established in 2015 and employs more than 200 people. It specialises in the provision of all aspects of security from guarding, access control, key holding and response, CCTV, close protection operative and consultancy services.

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Derek Laird, Managing Director at Next Level Security Services explained: “I’m thrilled with the success we’ve been experiencing at NLSS. We believe we’re the biggest and most sustainable organic security business in the North East and I’m proud of this latest new contract win which has led to significantly boosting our workforce.

"The investment from FW Capital has been instrumental in our growth and we’ve received excellent support.”

Dave Hawkins, Portfolio Executive at FW Capital, said: “NLSS is a fantastic growth story. We’ve funded the business before to support their growth ambitions and I’m delighted to see this success continue. The firm has an excellent reputation in the security sector which is evident with their continued contract wins.

"This investment is a great example of how debt funding can create new jobs and aid expansion plans. I encourage any businesses across Tees Valley with solid growth plans to contact us if they need working capital support.”

Keira Shepperson at the British Business Bank said: “Supporting businesses that drive job creation and contribute to the growth of the economy is a key aim of the Northern Powerhouse Investment Fund. NLSS's ability to secure a six-figure second round of funding is testament to their strong business model and potential for further expansion."

NLSS was the first UK Security Provider to achieve the ACM-CCAS Diamond Standard Accreditation and last year renewed its PaceSetter Status - made up of Contract Security Guarding Companies rated as being in the top 15%.

 

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NPIF – FW Capital Debt Finance is managed by FW Capital and part of the Northern Powerhouse Investment Fund. It can provide loans in the NPIF region with a focus on Cheshire, Cumbria, Greater Manchester, Lancashire, Merseyside and the Tees Valley.

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.