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Pair take on Dragons and win £100k

Bosses at an Accrington security firm scooped £100,000 of investment when they appeared on hit TV show Dragons' Den.

WINNING ways: Peter Jones, Wesley Downham Peter Harrison, and Theo Paphitis
WINNING ways: Peter Jones, Wesley Downham Peter Harrison, and Theo Paphitis

Bosses at an Accrington security firm scooped £100,000 of investment when they appeared on hit TV show Dragons' Den.

Peter Harrison and Wesley Downham of FGH Security won over the famously hard-to-please entrepreneurs on the BBC2 business programme.

And they became one of only a handful of companies in all eight series of the programme to have been offered a full investment by all five of the Dragons.

Managing director Peter Harrison said: "We couldn’t believe it at first to be honest.

"We’ve always believed in ourselves and our services, but to have five of the country’s key business personalities attempting to be part of FGH is one of those things that you don’t really believe is happening at the time.

"It didn't really sink in until we were driving back after we had finished filming."

Peter and Wesley gave Dragons Theo Paphitis and Peter Jones a 20 per cent stake in FGH in return for the £100,000 investment, shrinking to 15 per cent when they have paid the £100,000 back.

And Peter revealed that the Dragons are not quite as fearsome in the flesh as they seem on screen.

He said: "Despite what you see on the TV, the Dragons were all very pleasant people who offered us some really good advice and encouragement.

"It’s fantastic to think that through hard work and vision we’ve taken a company from originally employing ten people in 2003 to make it the multi-million pound security management company it is today where people like Peter and Theo can see the long term potential."

Business director Wesley Downham said: "I don’t think people realise how much pressure you’re put under once the Dragons start firing questions at you. I know it makes good television but it is one of those moments where you either sink or swim.

"We knew our pitch inside out though and had answers to most of their questions to hand. I think that's what really stood us apart. I was hopeful but nothing could have prepared me for all five of the Dragons making an offer. It’s the stuff dreams are made of."

FGH Security provides a range of security services to public and private sector clients across the country.

 
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