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Securitas acquires security electronic monitoring business

Multinational security services group Securitas has been advised on its acquisition of the Staysafe security electronic monitoring business.

user iconJerome Doraisamy 17 April 2019 Big Law
Securitas

Source: securitas website

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Firm: Baker McKenzie (Securitas); unknown (Staysafe)

Deal: Securitas has been advised by Bakers on its acquisition of Staysafe.

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Value: Undisclosed

Area: M&A

Key players: The Bakers team was led by senior associate Lawrence Mendes, who was assisted by Ben McLaughlin, Emily Hunter, Kathryn Schultz and Alanna Rennie.

Deal significance: Speaking about the deal, Mr Mendes said: “This transaction continues our client, Securitas’, growth trajectory in further becoming a leader in the global security market. The complimentary Staysafe business will provide an expanded local platform in Australia.”

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