Page 34 - Gi flipbook September 2018

IGEM NEWS | Industrial Affiliates

GAS TAG ACQUIRES LEADING

GAS SAFETY MANAGEMENT

CONSULTANTS

Gas Tag is making
strides in regtech

LEADING REGULATORY technology continued commitment to gas safety Simon Millington said: “We have
company Gas Tag has acquired across the UK. worked tirelessly to build a business
independent gas compliance Simon Millington and Mick Lord will based on professionalism, attention to
consultants Morgan Lambert in a continue to work within the business, detail and innovation. The acquisition
multi-million pound deal. while Lee Bradshaw, who has worked by Gas Tag will enable further
The arrangement is set to create in the company for nine years, has expansion of the business, taking it to
the sector’s leading multi-disciplinary taken over as Managing Director for a whole new level and I couldn’t be
compliance consultancy to the UK Morgan Lambert. more pleased.”
social housing sector. George Dutton, Finance Director of The positive impact Gas Tag’s
The acquisition is for the Millington Gas Tag, said: “We are extremely technology is having on the gas
Lord Group, which includes Morgan excited about this strategic acquisition. industry has been recognised in a
Lambert, which works with social It’s a fantastic opportunity which will series of prestigious industry awards.
landlords to provide gas and electrical help us to achieve our vision of making Earlier this year, private equity
auditing and safety management the UK the safest country in the world. house Waterland invested in Gas Tag,
consultancy services, as well as “Morgan Lambert and Qualitas valuing it at well over £20 million.
Qualitas Compliance, which provides Compliance have a significant amount Gas Tag was founded by Liverpool
similar services to the private sector. of knowledge and experience as well entrepreneurs Paul Durose and
Gas Tag’s innovative technology has as an impressive list of clients who Stephen Ullathorne.
been developed to enable housing put gas safety at the heart of Paul previously ran a construction
associations to meet their gas safety everything they do. company with a heating division and
and associated regulatory requirements. “The complementary nature of our noticed that the quality of engineers’
New research by Gas Safe Register businesses will allow for a seamless work drastically improved when he
reveals that 66 per cent of homes in integration, creating a significant and sent out auditors to check the work
the UK have defective gas appliances. unique offering to our key customers.” after every job.
More than 1.1 million illegal gas Lee Bradshaw, Managing Director Gas Tag has been developed to
installations are carried out each year, of Morgan Lambert, said: “This is an ensure that the correct work is carried
putting the lives of millions of Britons exciting time for us. Both Morgan out on gas appliances at the
at risk of carbon monoxide poisoning, Lambert and Gas Tag have a appropriate time, by the right
gas leaks, fires, and explosions. passionate desire to improve gas engineers. As soon as a physical Gas
Both Morgan Lambert and Qualitas safety within the UK and these Tag is installed on the gas inlet in a
Compliance offer additional aligned interests will allow both property, it tracks all the property’s gas
complementary auditing capabilities businesses to focus on this vision, appliances, services and installations
to enrich Gas Tag’s services, allowing share innovation ideas and improve – and can only be used by a qualified
them to expand and reinforce their the sector.” Gas Safe Registered engineer. ■

34

IGEMNews_IndustrialAffiliates.indd 1 16/08/2018 13:09