What does the Skills for Security shares sale mean for the BSIA?

Wednesday 03 September 2025 - BSIA COMMS

On Tuesday 2 September, The British Security Industry Association (BSIA) confirmed the sale of its remaining shares in Skills for Security Ltd to The Banks Foundation. This milestone concluded a successful multi-year journey in which Skills for Security has flourished under the BSIA’s stewardship and investment, and more recently, the guidance of The Banks Foundation.

Why is the BSIA selling its remaining shares now?

The transaction reflects the maturity and independence of Skills for Security, which is now well-positioned to scale nationally and diversify its training portfolio. BSIA’s decision to divest is not only a testament to the success of its investment strategy but also aligns with its broader mission to focus on sector-wide representation and advocacy.

Ongoing partnership between Skills for Security and the BSIA

While now fully independent, Skills for Security and the BSIA remain deeply aligned in their mission to raise standards and support workforce development across the UK’s private security sector, through:

  • Workforce Development: Skills for Security will continue to support BSIA members with specialist training, and will launch a BSIA-branded Skills-on-Demand platform in 2026.
  • Industry Standards & Advocacy: Both organisations continue to champion apprenticeships, CPD modules, leadership training, and the promotion of excellence across the industry.
  • Strategic Alignment: Each organisation will continue to collaborate at conferences, awards, and events, reflecting a shared vision for the future of the professional UK security sector.

What are the implications for the wider security sector?

BSIA Chair, Martin Watson, and TBF Chair, Simon Banks, have paid tribute to the legacy of this partnership. This strategic move allows the BSIA to focus on sector-wide advocacy and representation, whilst Skills for Security continues to accelerate its growth and investment in training infrastructure.

Together, both organisations will continue to strengthen the UK security industry.