Safestay was established in April 2011 as a joint venture between the Moorfield Fund and the Safeland Group. The first Safestay hostel opened at Elephant & Castle in July 2012 and in May 2014 Safeland successfully demerged and floated Safestay on AIM. Safestay now operates boutique hostels throughout the UK and across Europe.

Comprising three managed workspace centres at its launch in 2000, Bizspace was Safeland’s third corporate demerger. It had grown to 63 centres and a value of circa £82 million when it was sold to Highcross in 2006.

Launched in 1998 as a self-storage business, Safestore grew from three to 20 centres in less than two years. Today it is the largest self-storage service provider by number of units in the UK.

Conceived as a one-stop property services shop, providing property management, insurance and architectural services, Hercules represented Safeland’s first corporate demerger and started life in 1996. Via a combination of organic growth and acquisition, Hercules was valued at £110 million and had become the UK’s biggest buyer of property insurance when it was sold to the Erinaceous Group in 2004.