M&A Deal Summary

Securitas Acquires Techco Security

On January 9, 2020, Securitas acquired safety/security company Techco Security from CoBe Capital for 230M SEK

Acquisition Highlights
  • This is Securitas’ 15th transaction in the Safety/Security sector.
  • This is Securitas’ 9th largest (disclosed) transaction.
  • This is Securitas’ 1st transaction in Italy.

M&A Deal Summary

Date 2020-01-09
Target Techco Security
Sector Safety/Security
Buyer(s) Securitas
Sellers(s) CoBe Capital
Deal Type Add-on Acquisition
Deal Value 230M SEK

Target

Techco Security

Madrid, Italy
website
Techco Security is a provider of electronic security solutions, including intrusion and video surveillance, access control and fire protection. Techco Security is based in Madrid, Italy.

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Buyer(S) 1

Buyer

Securitas

Stockholm, Sweden

website


Category Company
Founded 1934
Sector Safety/Security
Employees308,850
Revenue 108.0B SEK (2020)
DESCRIPTION

Securitas is a global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer’s needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 310,000 employees are making a difference. Securitas was founded in 1934 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 18 of 25
Sector (Safety/Security) 15 of 21
Type (Add-on Acquisition) 15 of 20
Country (Italy) 1 of 1
Year (2020) 1 of 3
Size (of disclosed) 9 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-15 MSM Security Services

Chevy Chase, Maryland, United States

MSM Security Services LLC is an experienced company providing Investigative Services, Risk Analysis and Screening support for business and employment requirements. MSM Security Services LLC provides full-cycle investigative and adjudicative support to the Federal Government, State Governments, the Congress and private firms.

Buy $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-28 STANLEY Security - Electronic Security Businesses

Germany

STANLEY Security's Electronic Security Businesses provides integrated electronic security offering to their clients - from design to installation and from maintenance to alarm monitoring - based on a complete portfolio of advanced security solutions such as access control, intrusion, video, fire, and integrated systems.

Buy $64M

Seller(S) 1

SELLER

CoBe Capital

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1994
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

CoBe Capital is a private equity firm focused on acquiring underperforming businesses as well as new platform companies (up to $1 billion in revenue) with good management. Sectors of interest include manufacturing, value-added distribution, and retail. Prospective companies generally have attractive gross margins, stable customers, under-utilized operating capacity, and significant competitive advantages. CoBe Capital was formed in 1994 and is based in New York City.


DEAL STATS #
Overall 5 of 5
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Italy) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Sandvik - Mining Systems Operations

Stockholm, Sweden

Sandvik - Mining Systems Operations is a supplier of design and engineering of material handling systems for the mining industry.

Sell -