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Multinational security services group Securitas has been advised on its acquisition of the Staysafe security electronic monitoring business.
Source: securitas website
Firm: Baker McKenzie (Securitas); unknown (Staysafe)
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.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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