.
MergerLinks Header Logo

New Deal


Announced

Mitie to acquire Vision Security Group from Compass.

Synopsis

Mitie Group plc has agreed to acquire Vision Security Group Limited, provider of integrated security systems, manned guarding and key holding services and a wholly owned subsidiary of Compass Group PLC for £14 million. The consideration of £14 million (on a debt free, cash free basis) will be paid in cash at completion, subject to any adjustment for final completion accounts, and will be funded through Mitie's own cash resources. The acquisition of VSG further strengthens the position of Mitie's Total Security Management business as one of the leading providers of integrated and risk-based security services in the UK. In particular, the combination will offer opportunities to accelerate the growth of Mitie's premium technology-enabled and intelligence-led security solutions.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US