M&A Deal Summary

Scarlet Security & Risk Group Acquires Fusion Security

On April 21, 2023, Scarlet Security & Risk Group acquired safety/security company Fusion Security

Acquisition Highlights
  • This is Scarlet Security & Risk Group’s 2nd transaction in the Safety/Security sector.
  • This is Scarlet Security & Risk Group’s 2nd transaction in Canada.
  • This is Scarlet Security & Risk Group’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2023-04-21
Target Fusion Security
Sector Safety/Security
Buyer(s) Scarlet Security & Risk Group
Deal Type Add-on Acquisition

Target

Fusion Security

Burnaby, British Columbia, Canada
Fusion Security is a provider of full-service security solutions across BC’s lower mainland and Western Canada, to businesses operating in a variety of industries. Fusion’s service offering includes providing security personnel, mobile patrol, and response, installing security systems technology, security key management, and security consulting. Fusion Security was founded in 2005 and is based in Burnaby, British Columbia.

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Buyer(S) 1

Buyer

Scarlet Security & Risk Group

Calgary, Alberta, Canada
Category Company
Sector Safety/Security
DESCRIPTION

Scarlet Security & Risk Group is a security company that provides a variety of client-centric security, technology and risk management, and investigation solutions to partners and customers across Canada. SSRG strives to maintain a diverse workplace that accurately reflects the communities it serves. Scarlet Security & Risk Group is based in Calgary, Alberta.

DEAL STATS #
Overall 2 of 2
Sector (Safety/Security) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-23 Sirius Security

Whitehorse, Yukon Territory, Canada

Sirius Security provides consistent service and innovative solutions for clients in terms of mobile patrol, alarm response, and local guarding. It has successfully instituted security programs with all levels of government, including many local First Nations. Sirius Security was formed in 2003 and is based in Whitehorse, Yukon Territory.

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