Following the acquisition of STANLEY Security, that was completed and consolidated into Securitas as of July 22, 2022, the Group has defined new financial targets of 8-10 percent technology & solutions annual average real sales growth, 8 percent Group operating margin by year-end 2025 and a net debt to EBITDA ratio below 3.0x. Securitas will present the strategy and roadmap for the new targets, as well as a trading update for STANLEY Security, at an investor update today at 2.00 p.m. CEST.
STANLEY Security has released its third annual Industry Trends Report, revealing the key themes that industry leaders expect will shape the security industry in 2022 and beyond. The report – which includes insights from STANLEY Security’s experts, other leading security technology innovators, and end users – reflects changes in the priorities of organizations as they emerge from the pandemic. In addition, it takes a deeper look at how security technology can be utilized to help support those priorities and redefine business operations.
STANLEY Security announced its investment In Nexkey a cloud-based access control solutions. This investment – backed by STANLEY Ventures, the venture capital arm of Stanley Black & Decker (NYSE: SWK) – is the start to a strategic partnership between the two companies. Nexkey launched in 2018 to provide businesses an easier way to unlock and manage door access.
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.
The pressures of the global pandemic forced remarkable evolutions in the way we do business as well as the tools with which we perform our tasks. Upon inspection, manufacturing and distribution in particular were presented with significant challenges of productivity, supply chain continuity, employee safety as well as the increased requirements around workplace safety. With these factors in play, leaders in this space were able to deftly respond to the initial COVID-19 workplace requirements via OSHA & CDS.
The shift to a primarily remote workforce in 2020 threw gasoline on the fire in terms of organizational security, and prompted IT and security professionals to upgrade their systems and better protect their networks from impending threats. It was a year of learning, and we can apply those key lessons to businesses in 2021 and operate better than before. While we can’t know exactly what’s in store for the year ahead, as security technology continues to adapt and change, it’s important for IT and security professionals to be knowledgeable about those changes.
STANLEY Security released its “2021 Industry Trends Report.” The second annual report includes survey data from over 2,400 decision-makers across the globe, as well as insights from security leaders on what trends, challenges and opportunities may impact organizations in 2021. Kushner and 10 other leaders across STANLEY Security share more about their outlook on the security industry within the 2021 Industry Trends Report.
STANLEY Security announced its investment in Evolv Technology. This investment – backed by STANLEY Ventures, the venture capital arm of Stanley Black & Decker – forms a strategic partnership between the two companies. Evolv Express, the company’s touchless security screening system, makes it possible for venues of all kinds to keep visitors safe from concealed weapons, pandemic health threats, and intruders.
STANLEY Security appointed Chadi Chahine as Chief Financial Officer on March 18. Chadi will be responsible for helping accelerate short- and long-term business objectives while also ensuring strategic financial decisions and initiatives operate with excellence. Chahine brings to STANLEY Security over 22 years of experience as a highly accomplished global market financial executive, driving profitable, sustainable and compliant growth.
STANLEY Security appointed Kara Pelecky as Chief Information Officer. Pelecky will be responsible for the strategic vision, leadership and ongoing implementation of STANLEY Security’s information technology initiatives. Pelecky brings to STANLEY Security over 20 years of experience as a highly accomplished technology executive and business transformation specialist providing innovative planning policy formulation and successfully driving multi-million dollar projects.
STANLEY Security announced a donation of $10,000 to the Fishers Police Department. With the death of K-9 Harlej in November 2019, STANLEY wanted to support the Fishers PD with a contribution for a new canine officer. STANLEY Security first established roots in Fishers, Ind. in August of 2017. Since their arrival in Fishers, they have worked with the Fishers PD in a number of projects including a donation of the K-9 “Macho” Stanley in 2018.
STANLEY Security released its “2020 Industry Trends Report.” This report–which includes survey data from decision-makers across North America and Europe, monitoring data from more than 400,000 STANLEY Security customers and insights from leaders across the organization–defines the major trends that may impact security consumers in the coming year. New service models, cloud technology, network security, machine learning and more are among the trends featured in the 2020 Industry Trends Report.
Nearly every industry has undergone some form of digital transformation, and security is no exception. More tech solutions hit the market every day and businesses are starting to see the importance of effectively combining their physical security and cybersecurity practices. The influx of IoT-enabled devices, coupled with an increase in cybercrime, has led businesses to take a hard look at preventative measures to protect their people, property and assets from threats.
STANLEY Security announced its extensive presence at GSX 2019. STANLEY Security’s 2,000-square-foot booth will offer various interactive experiences, including demo kiosks and a mega screen featuring industry-specific security solutions. At STANLEY Security’s booth, attendees will have the opportunity to preview the latest solutions and technologies designed to alleviate some of the biggest security challenges facing businesses today.
Viakoo announces the release of its Video Assurance Service (VAS) at ISC West 2019. Many small and medium-sized businesses do not have dedicated staff to manage their video systems themselves. This often results in failures going unnoticed creating gaps in the video record, called “missing video evidence”. Unfortunately this missing video evidence isn’t discovered until it is too late. VAS is the solution to the problem, delivering an “outcome”, without dedicated staff.
Alarm Verification provides peace of mind to the protected, actionable intelligence for first responders, and an additional layer of security for your business. This previously impossible level of information can represent the difference between a committed crime and an apprehended criminal, and should be an integral part of your security strategy.