We have advised on £47m of deals in six-year partnership with New Path Fire & Security
Amid a constantly challenging business environment, the growth strategy of acquisition and consolidation has become a crucial method for scaling UK businesses, with bolt-on acquisitions making up more than 60% of all deals conducted in the Private Equity mid-market in 2025.
Demonstrating the success of this model, Moore Barlow has advised New Path Fire & Security, a fast-growing fire and security group, on 13 transactions totalling £47 million since 2019, showcasing a relationship built on trust, mutual growth and local business collaboration.
With both companies’ main offices based in Southampton, the local partnership began six years ago, when New Path’s founders were introduced to Moore Barlow through a debt broker. Moore Barlow advised on the acquisition that established New Path as a trading entity. At these early stages Moore Barlow had to think creatively within tight budget constraints to assist with the deal, offering flexible rates which built initial trust, paving the way for a long-term partnership.
Since that first deal, Moore Barlow has supported New Path through 11 further acquisitions and a major financing deal, helping the business expand from its Southampton base to operate nationally across fire risk assessments, fire protection, security systems, and passive fire safety, offering its commercial customer base a one-stop solution for their building fire protection and security needs. Now backed by an AIM-listed institutional investor through a £20 million 30-year royalty financing arrangement secured in 2022, New Path has become an example of successful scaling through acquisition.
Moore Barlow’s work has spanned deals of varying complexity and scale. The £20 million financing in 2022 enabled two strategic acquisitions that expanded both geography and technical capabilities. Subsequent deals have ranged from the BDi Security Solutions acquisition, completed in just 10 weeks, to the purchase of Electrifire Limited in April 2024, which strengthened New Path’s position in the London commercial market.
New Path Fire & Security represents one of several Moore Barlow clients successfully executing multiple acquisitions with the firm’s support. The corporate team has developed strong expertise in advising private equity backed businesses and supporting clients at every stage of their business journey. From formation and first deals through to complex multi-million-pound acquisitions, always with a focus on building lasting relationships.
New Path Fire & Security is the kind of client we love working with, we’ve been privileged to support them from day one, through every acquisition and milestone. Watching them grow from a start-up to a business with national reach has been incredibly rewarding.
What makes this partnership significant is the trust that has developed over six years. We know their business inside out, we understand their strategic goals, and we can work quickly on any deal. It is a long standing relationship and we are proud to continue supporting their growth ambitions.
Kirsty Leary – Corporate Partner
Working with New Path Fire & Security over a sustained period has shown what can be achieved through clear planning and consistent execution. Their focus and pace have driven each deal forward and it has been rewarding to help them build a platform that now operates across the country. Their progress speaks to a shared understanding of how to move quickly and get complex transactions over the line.
Jeremy Over – Corporate Partner
Moore Barlow has been a consistent and trusted partner from the very start of our journey. Their practical advice and flexible approach allowed us to take our first steps as a business and have continued to support us through every acquisition and financing milestone. Their understanding of our goals and the market has been invaluable in helping us grow and expand our services across the UK, in what is an important industry to people’s safety.
Andrew Hill – CEO at New Path Fire & Security
Media mentions
Moore Barlow advises on £47m partnership with New Path – Daily Echo – 13 January 2026
Moore Barlow advises on £47m partnership with New Path – Yahoo News – 13 January 2026
Moore Barlow Advises on £47m of Deals in Six-Year Partnership with New Path Fire & Security – ABC Money – 12 January 2026
Southampton law firm advises on £47m partnership with fire safety business – MSN UK – 11 January 2026
