PSIMarch2018
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CCTV ACCESS FIRE INTRUDER<br />
(L-R): Professor Debra Humphris<br />
(Vice Chancellor, University of<br />
Brighton), Sam Innes, Laurence<br />
Budd, Yury Johnson, Adam<br />
Stroud (Paxton CEO)<br />
Paxton reveals scholarship<br />
programme recipients<br />
Paxton has announced the first recipients of its<br />
new scholarship programme in conjunction with<br />
the University of Brighton.<br />
The initiative, launched in November last<br />
year, offered the opportunity for students<br />
studying engineering and product design<br />
related courses at the University to win one of<br />
three scholarship places each worth £10,000<br />
plus a three-month paid work placement with<br />
the company from July 2018.<br />
As part of the scholarship, the selected<br />
scholars will participate in technology research<br />
projects at Paxton that will then form the final<br />
year project of their degree course.<br />
In November 2017, the company hosted a<br />
student open day at its new facility, the Paxton<br />
Technology Centre, which was attended by over<br />
100 students from the University of Brighton.<br />
The open day provided them with the<br />
opportunity to learn more about the company<br />
and the application process, meet Paxton’s<br />
experts in Product Development and Research,<br />
and receive hands on technology<br />
demonstrations of the company’s product range.<br />
From those that applied, 16 were then invited<br />
to an assessment day, where they undertook a<br />
series of practical tasks and interviews.<br />
Following this, the successful three students<br />
were then selected, who are Yury Johnson,<br />
Laurence Budd and Sam Innes.<br />
Commenting on the programme, Adam<br />
Stroud, Paxton’s Chief Executive, said: “I’d like<br />
to congratulate the three students that have<br />
secured the 2018 Paxton Scholarship. The<br />
Paxton Scholarship is a long-term initiative<br />
designed to ensure that we can secure the<br />
bright-minds needed for the company’s<br />
continued success and prosperity. I am thrilled<br />
at how the initiative was embraced by both the<br />
team at Paxton as well as the students and staff<br />
at the University of Brighton.<br />
In brief<br />
Security installers working<br />
in Central London are being<br />
warned to check if their vans<br />
are liable for the new T-<br />
Charge – and to prepare<br />
now for the upcoming Ultra<br />
Low-Emission Zone (ULEZ)<br />
coming into effect on 8 April<br />
2019. The warning comes<br />
from commercial vehicle<br />
rental company Enterprise<br />
Flex-E-Rent. It advises that<br />
these charges could cost<br />
businesses hundreds, even<br />
thousands, of pounds if they<br />
own older vehicles and drive<br />
them into the capital.<br />
Boston Networks joins investor<br />
Aliter Capital’s portfolio<br />
Boston Networks announced recently that is<br />
has secured investment from investor Aliter<br />
Capital.<br />
Boston Networks is headquartered in<br />
Glasgow and provides services to private and<br />
public sector customers that are<br />
predominantly based in Scotland and the<br />
North of England. The business was founded<br />
in 2000 and employs c.90 staff.<br />
Aliter will use its industrial expertise and<br />
networks to drive both the organic and<br />
acquisitive growth of Boston Networks so that<br />
it can gain scale and a national footprint. The<br />
goal is to develop a group of fire, security and<br />
data networking companies with national<br />
coverage and a diversified blue-chip customer<br />
base; and the Company will be actively<br />
looking to make bolt on acquisitions of<br />
complementary businesses.<br />
CEO Scott McEwan will continue to lead the<br />
management team and will also retain a<br />
shareholding. Aliter Partner Greig Brown has<br />
been appointed Chairman of the Company and<br />
will be joined on the Board by Aliter Managing<br />
Partner Billy Allan.<br />
Scott McEwan, CEO of Boston Networks,<br />
commented: “Choosing Aliter as our<br />
investment partner was an easy decision. I<br />
have been aware of the Aliter team and their<br />
track record for a number of years, so having<br />
the opportunity to work closely with them on<br />
the next stage of Boston Networks’<br />
development is exciting. It was clear from the<br />
start that their network and experience will<br />
add significant value to the business,<br />
supporting transformational growth and the<br />
development of additional solutions for our<br />
customers. The fact that Aliter truly<br />
understands our market and how our business<br />
operates will be of major importance going<br />
forward.”<br />
Greig Brown, Partner of Aliter Capital,<br />
commented; “Boston Networks is a fantastic<br />
example of the type of business and<br />
management team that Aliter is looking to<br />
back and where we can use our sector<br />
expertise to support transformational growth.<br />
8<br />
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