Wednesday, August 24, 2011

ROK Acquires RAM

ROK Global PLC, the mobile and web technology development company, has today announced it has acquired close protection and corporate intelligence company RAM for GBP £2.4 million (EUR € 2.77 million) payable in shares.

RAM will be re-branded ROK Asset Management as a result.

Managed by ex-British Army Special Forces personnel, RAM specialises in providing close protection services for high net worth individuals, including members of several Royal families, as well providing physical security for high value assets such as oil and gas installations as well as undertaking corporate intelligence services for companies and, with revenues forecast to exceed £2.5 million (EUR €3 million) in F/Y 2011/2012, and £6 million (EUR €7 million) in 2012/2013, RAM will also market ROK Homeland Security (RHS) service to government agencies including law enforcement and counter-terrorism services across the world.