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Business News: Issue 245 2 Aug 2012

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acquisitions, enforcement, Westminster City Council

Serco acquires Vertex Public Sector

Services company Serco Group has further strengthened its interest in the parking sector by aquiring the firm that provides back office parking services to councils such as Westminster and Thurrock. Serco has purchased Vertex Public Sector for £55.5m. This follows its aquisition of Phillips Collection Services, a bailiff company which collects road traffic and parking penalties.

Serco is expanding into new areas of middle and back office support via its recently created Global Services...

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