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Announced

Completed

Securitas completed the acquisition of Techco Security for €22m.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Spain

Majority

security solutions

Acquisition

Single Bidder

Friendly

Private Equity

Security Services

Completed

Synopsis

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Securitas, a security services, monitoring, consulting and investigation group, completed the acquisition of Techco Security, which offers a comprehensive range of integrated security services, for €22m. "We are pleased to welcome Techco Security's clients and team onboard for an exciting journey together with Securitas. The acquisition represents an important milestone in the transformation of our company. We will have an even stronger position in delivering quality electronic security services to our clients and we will continue growing the business together with the team," Jorge Couto, Securitas Divisional President, Security Services Ibero-America.

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