Fidelity Security Group completed the acquisition of ADT South Africa from Tyco for R2bn.

Fidelity Security Group, Southern Africa’s leading integrated security solutions provider, completed the acquisition of ADT South Africa, the security company from Tyco, the security company for R2bn ($139m). Financial terms were not disclosed. “We are exceptionally proud to announce the conclusion of this transaction and the formal establishment of Fidelity ADT. The merger brings together two strong teams with deep industry knowledge and experience, and positions Fidelity ADT as the leading provider of both residential and commercial integrated security solutions in Southern Africa.” Wahl Bartmann, Fidelity Security Group’s CEO.