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LSH on the hunt for Spymaster buyer

National commercial property consultancy, Lambert Smith Hampton (LSH), has been instructed by administrators, David Rubin & Partners, to market the business and assets of Spymaster.

The London based retailer of surveillance, counter-surveillance and personal protection equipment, which was founded in 1991, offers a wide range of high specification surveillance products from its Portman Square store and concessions in two department stores, and has a strong reputation for supplying state of the art equipment. The company is staffed by its own expertly trained personnel and in addition to its retail trade, works with many international organisations and security specialists.
 
The extensive product range includes drones, covert cameras, bugging devices, body armour, vehicle tracking devices, military watches, as well as larger items such as hovercrafts and mini-submarines. Spymaster also undertakes bespoke surveillance work. 
 
The company has successfully traded for over 25 years, however, plans to develop the e-commerce side of the business has coincided with a decline in turnover resulting in cash flow problems. David Rubin & Partners intend to continue to trade the business until a sale is concluded.
 
Roland Cramp, Director – Machinery & Business Assets at Lambert Smith Hampton, says: “This sale provides a unique opportunity to acquire London’s foremost retailer of spy equipment which has developed an excellent reputation and worldwide customer base. We are anticipating a strong level of interest from both the UK and international based purchasers.”

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