Together, Securitas and Stanley Security will benefit from a strong competitive position in commercial electronic security globally, creating more value for clients and unlocking growth as well as commercial opportunities from add-on sales, combined solutions, and outstanding innovation capabilities. 9, 2021 /PRNewswire/ - The future of security is built around the combination of global presence, connected technology and intelligent use of data and together with Stanley Security, Securitas is perfectly placed to win in this environment with an outstanding offering and client experience.

The acquisition is subject to regulatory approvals and closing conditions, and completion is expected to take place in the first half year of 2022. The cash purchase price is MUSD 3 200 on a debt and cash free basis. Significant commercial synergy opportunities with over 500 000 existing as well as new clients, adds significant scale and innovation potential in the attractive BUSD 70 electronic security market, and creates a leading platform to accelerate growth. The future of security is built around the combination of global presence, connected technology and intelligent use of data and, together with Stanley Security, Securitas is perfectly placed to win in this environment with an outstanding offering and client experience. Stanley Security is a highly reputable provider of electronic security solutions with operations in 12 markets globally, expected to generate sales of nearly MUSD 1 700 in 2021. Securitas transforms the dynamics of the security industry and moves towards becoming a leading intelligent security solutions partner through entering into an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker, Inc.

Securitas makes transformative acquisition of the Electronic Security Solutions business from Stanley Black & Decker, Inc.

Stanley security monitoring center