Announced
Synopsis
EMK Capital-backed Garda Group, an European perimeter and technical security company, agreed to acquire Heras, an end-to-end supplier of permanent and mobile perimeter protection solutions, from Equistone Partners, a private equity firm. Financial terms were not disclosed. “It has been a pleasure for the Equistone Funds to have supported Heras with the strategic development of its business and its team over the past five years. In partnership with the Equistone Funds, the company has refined its strategic focus on high-security solutions and recurring services, while upgrading its production sites and delivering a comprehensive ESG strategy. Heras is a renowned and expert provider of security solutions, and I am confident that the company will continue to prosper as part of the Garda Group," Hubert van Wolfswinkel, Equistone Partner.
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