STANLEY CONVERGENT SECURITY SOLUTIONS PURCHASES THREE UK SECURITY COMPANIES
Naperville, IL – March 1, 2011 – Stanley Convergent Security Solutions (Stanley CSS) announces the purchase of Smiths Security Services Ltd., Raysil Security Systems Ltd., and SRP Security Systems Ltd. located in Oxfordshire, Surrey and Buckinghamshire, United Kingdom, respectively from Verifier Capital Ltd. (UK), a subsidiary of Verifier Capital Holdings, LLC. The purchase of Smiths, Raysil and SRP includes the operations of each business with expertise in installing, servicing, inspecting, maintaining and monitoring intrusion alarms, fire alarms, access control and video surveillance systems. The acquisition of these businesses includes mostly commercial accounts including top universities, telecommunications, financial, healthcare and retail customers throughout the UK. Terms of the sale were not disclosed.
“The acquisition of these three companies in the United Kingdom continues our commitment to growing our global electronic security business. This acquisition gives us additional resources and greater customer density in the UK. The acquisition strengthens our position in that security market,” explains Tony Byerly, President Stanley CSS North America and United Kingdom Direct. “This acquisition fits well with our existing business and supports our strategy of global reach with a local touch for customers.”
“As we continue to expand our business in the United Kingdom, through organic and acquisitive growth, we look forward to providing Stanley CSS’s unparalleled commitment and dedication to operational excellence across the five customer touchpoints: account management, installation, service, monitoring and billing to our new customers. We’re excited to be adding Smiths, Raysil and SRP customers and associates to the Stanley family,” stated Alistair Compton, Regional Vice President – United Kingdom.
“We currently operate six Stanley CSS offices throughout the United Kingdom and a newly opened world-class monitoring center in Swindon, UK. I am confident that customers and associates alike will be quite pleased with Stanley CSS’s high level of customer service and security protection,” concluded Compton.
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For more information, contact:
Lynda Murphy; Lynda@murphyknott.com
Murphy Knott Public Relations, Inc.
312-867-9177
Editor’s Note: A part of Stanley Black & Decker (NYSE: SWK), Stanley Convergent Security Solutions, Inc. is the second largest electronic security company based on total revenue and one of the largest system integrators in the United States. Stanley CSS has over 75 offices serving over 120 of the largest metropolitan markets in North America. Stanley CSS designs, installs, monitors and services security systems for industrial, government, commercial, residential and national account customers. Stanley CSS represents a network of resources, state-of-the-art technology and a culture dedicated to excellence; where its employees have the training, the equipment and the processes they need to deliver the finest security solutions in the industry. Stanley CSS provides the best of both worlds, a local company with global resources and one of the most trusted names in security serving over 300,000 customers in North America.
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