Recruitment outsourcing company and recruiter Servoca has acquired security and manned guarding services provider International Security & Surveillance for about £0.7m cash and 1.34m Servoca shares worth about £0.6m.

Servoca has also bought security technology provider ISS Special Projects for £0.87m cash and 1.14m Servoca shares worth about £0.5m.

Sevoca said it has secured funding of £4.7m from the Royal Bank of Scotland for working capital and short-term acquisition finance.

Darren Browne, Servoca chief executive, says: "The acquisition of ISS and ISS(SP) will allow Servoca to provide wider service offerings to our existing client base as well as gaining an entry into the manned guarding, protection and surveillance services markets, which will provide Servoca with visibility of earnings which are profitable."