Announced
Completed
Financials
Sources
Tags
cybersecurity
Cross Border
security services
Acquisition
Private Equity
Completed
Sweden
Security Equipment
Majority
Private
Friendly
Single Bidder
Synopsis
EMK Capital, a UK-based private equity firm, completed the acquisition of a majority stake in Great Security, a manufacturer of security systems based in Sweden, from MVI Equity, a venture capital and private equity firm. Financial terms were not disclosed. "Partnering with Great Security for over 6 years, we are proud of what the Company has achieved. We are a market-leading company in Sweden operating with strong structural capital and solid management. Nearing revenues of SEK1bn with good profitability we have truly managed to create a sustainable Company. We would like to thank the management team, entrepreneurs, and board members for their continued support. We wish Great Security all the best for the future together with EMK," Daniel Nilsson, MVI Partner.
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