Securitas expands in the U.S. primary government security services market
Paragon Systems, Inc. (a subsidiary of Pinkerton’s Government Services, Inc.), within the Securitas Group, has agreed to acquire the security services company Security Consultants Group, Inc. (SCG) in the USA. With this acquisition, Securitas expands in the primary government security services market in the USA. Enterprise value is estimated to MSEK 140 (MUSD 22).SCG has annual sales of approximately MSEK 670 (MUSD 106) and approximately 2,000 employees. The company is based in Oak Ridge, Tennessee, and operates in 22 U.S. states. SCG specializes in providing high level, armed security