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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.

April 17, 2019 • By Jerome Doraisamy
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Source: securitas website

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

 
 

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

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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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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). 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.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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