Security

Securitas Technology Business and Financials Examined

Almost two years on from the announcement that STANLEY Security was to be acquired in December 2021, this Research Note examines the electronic security business of Securitas, rebranded as Securitas Technology, based on Securitas investor presentations, 2022 annual report and Q3-2023 interim report, 7th November 2023. This article highlights the strategy, financials and progress of the business in integrating the acquisition and repositioning the group as a technology-based supplier of integrated solutions in higher-growth markets. Securitas Technology, officially launched in March 2023, brings together two of the leaders in electronic security: Securitas Electronic Security and STANLEY Security. The announcement follows the completion of Securitas’ acquisition of STANLEY Security in July 2022. The business offers a full suite of video, access, intrusion, fire and integrated systems and services. Securitas Technology employs approximately 13,000 people across the globe, including more than 5,100 field technicians, and has a strong position in 18 markets globally, including Canada, France, Mexico, […]

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