Join or Sign in

Register for your free asmag.com membership or if you are already a member,
sign in using your preferred method below.

To check your latest product inquiries, manage newsletter preference, update personal / company profile, or download member-exclusive reports, log in to your account now!
Login asmag.comMember Registration
https://www.asmag.com/showpost/34358.aspx
INSIGHTS

Securitas acquires the electronic security solutions business from Stanley Security

Securitas acquires the electronic security solutions business from Stanley Security
The deal translates into a cash purchase price of US$3.2 billion on a debt and cash free basis, representing a multiple of approximately 13x Stanley Security’s estimated adjusted EBITDA 2021.
Securitas has entered into an agreement to acquire the electronic security solutions business from Stanley Security for a cash purchase price of US$3.2 billion on a debt and cash free basis, representing a multiple of approximately 13x Stanley Security’s estimated adjusted EBITDA 2021.
 
The future of security is built around the combination of global presence, connected technology and intelligent use of data and together with Stanley Security, Securitas is perfectly placed to win in this environment with an outstanding offering and client experience. Together, Securitas and Stanley Security will benefit from a strong competitive position in commercial electronic security globally, creating more value for clients and unlocking growth as well as commercial opportunities from add-on sales, combined solutions, and outstanding innovation capabilities.
 
Headquartered in Indianapolis in the U.S., Stanley Security has an inspiring 30-year history of protecting its clients world-wide through an industry-leading portfolio of tech-enabled security services, ranging from alarm monitoring to systems integration, as well as a specialized healthcare offering. Today, Stanley Security is one of the most recognized electronic security providers worldwide, with approximately 7 800 employees operating through approximately 200 offices and 16 monitoring centers in the U.S., Canada, Mexico, United Kingdom, France, Sweden, Belgium, the Netherlands, Denmark, Finland, Norway and Ireland.
 
"This means that Securitas becomes an exceptional player in the security industry. Together with Stanley Security, our largest acquisition in history, the profile of Securitas changes from a leading guarding company with electronic security and solutions capabilities, to a leading intelligent security solutions partner,” says Magnus Ahlqvist, President and CEO. "The future of security is built around the combination of global presence, connected technology and intelligent use of data and, together with Stanley Security, Securitas is perfectly placed to win in this environment. Together, our offering is cutting edge and we will be in an outstanding position to deliver safety and peace of mind to clients and communities around the world."
 
"We are very excited to bring together these two iconic security companies, each with a rich history, a culture of success and with the client at the heart. We look forward to welcoming our new colleagues. The expanded competencies, expertise and leadership across the entire electronic security value chain globally, will serve our respective clients even better and significantly increase our competitive edge,” says Tony Byerly, President Global Electronic Security.
 
The acquisition is subject to customary regulatory approvals and closing conditions and is expected to complete during the first half year of 2022.


Product Adopted:
Other
Subscribe to Newsletter
Stay updated with the latest trends and technologies in physical security

Share to: