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  • Micaela Sjökvist

    VP Investor relations


    + 46 761167443
    http://www.securitas.com
  • Carin Andersson
    +46 104703020
    http://www.securitas.com
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    Securitas agrees to acquire Kratos Public Safety and Security division

    Securitas has agreed to acquire the division Kratos Public Safety and Security from Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS). The purchase price is approximately MSEK 550 (MUSD 69) on a cash and debt-free basis. The acquisition is expected to be neutral to Securitas earnings per share in 2018 and 2019, and accretive as of 2020.Kratos Public Safety and Security (KPSS) is ranked as a top 10 system integrator in the United States. The operation has annual sales of approximately MSEK 1 100 (MUSD 135) and includes 400 employees. The primary focus is electronic security projects

    Update on Securitas Group tax rate following the US corporate tax reform

    The new US corporate tax legislation, passed by the US Government on December 22 and effective as from January 1, 2018, will impact Securitas.Based on the information currently available, the new US tax legislation will reduce Securitas Group tax rate as of 2018 and going forward. Assessing the current tax base and tax matters, our best judgment is that our current full year Group tax rate of 28.5 percent in 2017 is estimated to reduce to approximately 25.5 percent as of the financial year 2018. Furthermore, the value of Securitas’ existing deferred US tax assets, for example pension

    Securitas agrees to acquire Diebold’s North American Electronic Security business

    Securitas has agreed to acquire the commercial contracts and operational assets of Diebold Incorporated’s (NYSE-DBD) Electronic Security business in North America, and will operate as Securitas Electronic Security Inc. The 12-month sales of the acquired Diebold Electronic Security operation, from June 30, 2014 through June 30, 2015, are MSEK 2 760 (MUSD 330). The purchase price is approximately MSEK 2 900 (MUSD 350) on a debt-free basis including a normalized working capital, which according to Securitas' calculations equates to approximately 11x estimated EBITDA for 2015, of the acquired

    Securitas strengthens its technology offering in the USA

    Securitas has acquired 24 percent of the shares in the Remote Video Services Company Iverify in the USA. Simultaneously Iverify has acquired 100 percent of the shares in the technology solutions company TransAlarm. The purchase price for the 24 percent stake amounts to approximately MSEK 145.Iverify is one of the leading Remote Video Services companies in the United States and operates a state-of-the-art Remote Video operations monitoring center, one of the largest of its kind and headquartered in Charlotte, North Carolina. TransAlarm is a security technology integrator headquartered in

    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

    Securitas acquires security services companies in Chicago, Illinois, USA

    Securitas has acquired the security services companies Security Professionals Inc. and Security Management Inc., based in Chicago, Illinois, USA. Enterprise value is estimated to MSEK 70 (MUSD 10.5).Security Professionals and Security Management have combined annual sales of approximately MSEK 215 (MUSD 32) and approximately 1,000 employees. The companies, with presence in the Chicago area have balanced and diverse customer portfolios.   Securitas is today the largest supplier of security services in the Chicago area. With these acquisitions, Securitas will strengthen its position in

    Securitas expands in the primary government security services market in the USA

    Pinkerton Government Services Inc., a company within the Securitas Group, has agreed to acquire the security services company Paragon Systems Inc. in the USA. With this acquisition, Securitas expands in the primary government security services market in the USA.  Enterprise value is estimated to MSEK 258 (MUSD 33).Paragon Systems has annual sales of approximately MSEK 1,030 (MUSD 132) and approximately 3,000 employees.  The company is based in Washington DC, and operates in eleven U.S. states.  Paragon is specialized in providing high level, armed security officer services to various

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