Securitas has acquired STANLEY Security and Healthcare, accelerating what the company calls its transformation journey toward technology-based solutions, and its ambition to position itself as an outstanding global security and safety partner that helps make the world a safer place.
On December 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc. Following customary regulatory approvals, the acquisition is now complete, and the joint potential of the two businesses is unleashed.
Securitas holds a strong position within the security services market today and has continuously built a robust platform within the technology and solutions area to meet the increasing demand for smarter and innovative technology-based security solutions. Strategic acquisitions in recent years, combined with efficient business transformation programs and the acquisition of STANLEY Security, enable Securitas’ ambition to emerge as an exceptional player in the security industry.
The core of Securitas’ value proposition and growth strategy is a strong belief that the future of security is built on global presence, connected technology, and intelligent use of data.
“We see an increasing client demand to complement our guarding and consulting offering with technology-based solutions,” said Magnus Ahlqvist, president and CEO of Securitas. “As global challenges evolve rapidly, safety and security solutions are essential to helping organizations protect their people, safeguard their assets, and optimize their operations. Together with STANLEY Security and Healthcare, we are able to drive and redefine the future of the security industry by providing a broad portfolio of integrated tech-enabled solutions that help our clients focus on managing their core business.”
Headquartered in Indianapolis, STANLEY Security has a 30-year history of protecting its clients worldwide through a portfolio of tech-enabled security services. STANLEY Security is a recognized provider of tech-enabled security services worldwide, with approximately 8,000 employees operating through approximately 200 locations and 16 monitoring centers in the US, Canada, Mexico, United Kingdom, France, Sweden, Belgium, the Netherlands, Denmark, Finland, Norway, and Ireland.
“Our combined offerings and global footprint enable us to solidify our expertise in technology and unlock opportunities for innovative solutions,” said Tony Byerly, global president of Securitas Technology. “Together, we will provide a comprehensive portfolio, enabling us to develop strong client relationships and deliver more value to clients through an even higher degree of innovation and technology, while strengthening our core capabilities, competencies, and geographical reach.”
Joining forces with STANLEY Security enables Securitas to accelerate growth and build a strong innovation pipeline geared toward the advanced security needs of the future.
“Bringing together our two great companies is an industry-defining event, and going forward, approximately 50 percent of our profit contribution is expected to be generated through higher-margin technology and solutions sales,” Ahlqvist said. “Combining our talent and expertise sets us up for stronger growth and gives us great confidence for the future. Our shared values and high sustainability ambitions enable us to utilize our potential to provide tech-enabled security solutions that create long-term value for our clients, our shareholders, and the society at large.”