Essence Group announced it has partnered with leading security services provider Securitas Direct Switzerland to pilot the MyShield all-in-one intruder prevention system in the Swiss market. Securitas Direct will test the MyShield solution for mass deployment. Its easy integration with existing security systems will provide an enhanced level of security to residential and commercial users in Switzerland, acting as a ‘first responder’ to force intruders out of premises before they are able to cause harm.
Stannley Black & Decker today announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion in cash. The proposed transaction includes Stanley Black& Decker’s Commercial Electronic and Healthcare Security business lines. The businesses carry 2021 forecasted revenues of approximately $1.7 billion with an adjusted EBITDA margin in the low double-digits.
Securitas is acquiring Supreme Security Systems, a top 50 alarm monitoring company in the US. The acquisition increases Securitas’ service capabilities and client offerings in the northeast US and aligns with Securitas’ ambition to double the size of its security solutions and electronic security business by 2023. The purchase price is approximately MUSD 20 (MSEK 180). The acquisition will be accretive to the Group operating margin through its resilient recurring monthly revenue (RMR) portfolio representing more than 70 percent of the revenue.
Securitas has agreed to acquire Protection One. The acquisition will enhance Securitas’ protective services capabilities in Germany and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis. In 2020, Protection One’s annual sales were more than MEUR 33 (MSEK 337), of which over 90 percent were on a recurring monthly revenue basis.
The Board of Directors of Securitas AB has resolved, pursuant to the authorization granted by the Annual General Meeting held on May 5, 2021, that the company shall acquire own shares of series B on Nasdaq Stockholm. The purpose of the acquisition is to ensure Securitas’ undertakings in respect of share-related or share-based incentive programs (other than delivery of shares to participants of incentive programs), including covering social security costs. The acquisition may commence on June 4, 2021.
Securitas has published The Annual and Sustainability Report 2020 which is now available and can be read and downloaded at Securitas website. There is also a digital and interactive brief version of the Annual and Sustainability Report available. The printed version of the Annual and Sustainability Report 2020 can as of April 9, be ordered from Securitas ordering service on their website.
Securitas announced that Jeremy Brecher has been promoted to Chief Technology Officer (CTO) and has become a member of the Securitas North America Division Management Team. As CTO, Brecher’s new role will focus on customer‐facing technologies across all business lines in the United States, Canada, and Mexico, including cloud‐based customer portals, data analytics, and artificial intelligence (AI) technologies. He will be championing the development of the next generation cloud, security as a service (SaaS) and managed customer services for Securitas.
Securitas has announced the creation of a new specialist team which will play a vital role in driving forward the security firm’s strategy to integrate traditional guarding solutions with evolving technologies. A new technology team —under the direction of Chief Technology Officer (CTO)— brings with it a specialist technical knowledge that didn’t previously exist within the business.
Allied Universal® announces the appointment of Dan Marston as Regional Vice President, Allied Universal Technology Services Canada; further solidifying its place in market as a leading technology security services partner. Allied Universal acquired G4S last year creating the leader in global security services. Prior to joining Allied Universal, Dan Marston served as Regional Sales Director at Telus where he developed a high performing sales team across Eastern Canada.
Essence Group announced the launch of WeR@Home+, a next generation security and home management platform. Essence is partnering with European security services providers, including Securitas Direct Switzerland, to pilot the new offering. WeR@Home+ leverages state-of-the-art IoT technology to expand Essence Group’s existing WeR@Home
smart home management offering, including connectivity to LTE networks, a new family of connected security devices, and a rich set of reporting and analytics tools for service providers.
Open Systems announced the appointments of Fredrik Torstenssen and Ric Longenecker as the company’s Chief Revenue Officer and Chief Information Security Officer, respectively. The addition of these executives comes as the company’s service deployments have exceeded 8,000 worldwide and demand continues to grow for its integrated security and networking services, including Open Systems’ Managed Detection and Response (MDR) and Secure Access Service Edge (SASE) services.
Ojo Technology has promoted Chris Krajewski to vice president of sales and services. Ulises (Lou) Ramirez has been hired as the manager for the company’s project management team and Saul Abreu joins the company as operations manager for the Sacramento office.
Krajewski started with the company as the general manager of its Central Valley office located in Stockton, Calif. He was later promoted to vice president of services and will now also take on the role of vice president of sales.
Security and Safety Things GmbH announced the three winners of its App Challenge, a contest designed to promote the development of innovative applications for smart cameras in the retail, manufacturing and transportation sectors. The winning apps provided solutions to help these vertical markets overcome new challenges as a result of COVID-19 conditions. This application provides a way for retailers to discern customer satisfaction through the use of hand gestures and facial expression emojis.
Bruce Kutsche joins as the company’s Senior Director of Solution Sales. Kutsche brings valuable security experience and leadership to strategically direct Sales initiatives, delivering smarter solutions that redefine intelligent Access and Entrance Control. Prior to joining Smarter Security, Bruce gained valuable experience within access control and integration, managing national and global account teams with companies such as Sensormatic, Tyco, and ADT.
Security and Safety Things GmbH has launched its App-Challenge, a contest offering developers the chance to present their solutions to leading industry players and compete for 3 x 10000€ in prize money as well as the opportunity to present their winning application on the Security and Safety Things booth at GSX 2020 in September or a similar event depending on the COVID-19 situation. All developed applications will be listed on the company’s open Application Store.
XProtect VMS integration with the SelectaDNA forensic Criminal Tagging System will enhance crime-fighting outcomes of video surveillance systems. The unique, cutting-edge integration combines the functionality of verifiable video date/time stamps and video footage with forensic tagging technology to enhance criminal investigations and ultimately significantly reduce crime – with a focus on burglary, robbery, theft and unauthorized access.
CSI Protect announced that the first forensic Criminal Tagging System, from SelectaDNA, in all of Florida has been installed at Raptis Rare Books on Worth Avenue, Palm Beach, Fla. The system was installed by CSI Palm Beach, a Certified Dealer for CSI Protect. The high-tech crime-fighting technology utilizes forensic marking to stealthily tag criminals with an invisible forensic mist. The solution remains on a criminal’s skin and clothing for weeks to months.
The first forensic science-based crime prevention system in New York State was installed at luxury Swiss watch manufacturer, Richard Mille. The technology, the Intruder Spray System from SelectaDNA, utilizes forensic science to reduce burglary, robbery and high-value theft by a documented range of 40 to 86 percent. The cutting-edge technology was installed at the flagship boutique, located on ‘Billionaire’s Row’ on 57th Street in Manhattan.
OnSSI announced an enhanced partner initiative for their National Accounts Program that will deliver benefits and incentives to valued channel partners. The company also recently announced the appointment of David Barber as the new National Account Manager, who together with this program, will support OnSSI’s partners. OnSSI’s enhanced program rewards reseller partners, like Convergint Technologies. Partners enrolled in the company’s program realize exceptional profit margins, and benefit from a strong product offering, comprehensive technical and sales support, and free licenses for completion of Ocularis training.
ASIS International announce its 2018 Commission on Standards and Guidelines. The 28-member commission ensures the standards and guidelines development process is voluntary, non proprietary, and consensus-based, utilizing the knowledge, experience, and expertise of ASIS members and the global security community.