Announced
Completed
Synopsis
Journeo, provider of information systems and technical services to transport operators, local authorities, and the public transport networks that connect them, completed the acquisition of Crime and Fire Defence Systems, a specialist infrastructure protection systems integrator in physical and cyber security solutions to the UK Critical National Infrastructure, Defence and Utilities markets, for £13.7m. "We are delighted to announce the acquisition of CFDS, a recognised leader in utility Infrastructure Protection solutions. This acquisition aligns with our strategy of taking our core capabilities into adjacent markets and strengthens our offering and broadens our reach. We look forward to working closely with the CFDS team to unlock value and deliver enhanced integrated solutions to a broader client base," Russ Singleton, Journeo CEO.
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