Sector Alarm Acquires G4S Finland

  • Apr 21, 2016

Sector Alarm, a provider of services in the field of safety and security for residential and business properties, has acquired the Finnish G4S. G4S’ products and services include system solutions, stationary manned services, patrols and response for clients in the private and public sectors. G4S is one of Finland’s biggest security companies, with around 1,800 employees and revenues of 70 million euros.

This is Sector Alarm’s second company acquisition in Finland, having acquired Turvatiimi in the beginning of the year.

“Our two acquisitions in Finland have come in quick succession, and this really is an indication of our ambition to continue to grow in the Nordic region and in due course in the rest of Europe,” CEO of Sector Alarms, Jörgen Dahl said. “Two years ago we acquired G4S in Sweden, which made us one of the leading operators in the Swedish market. We now have the same ambition to create an equivalent position in the Finnish market.”

Sector Alarm’s strategy is to grow both organically and through acquisitions. Over the last four years they have acquired nine companies, eight of them based in the Nordic region. There is a strong desire and intention at Sector Alarm to play an active role in the consolidation of the Nordic security market. Each acquisition contributes to the creation of a solid platform for future synergies in each country.

It is expected that the formal takeover of G4S will take place at the beginning of April following the approval by the Finnish Competition Authority.


Featured

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • Surveillance Cameras Provide Peace of Mind for New Florida Homeowners

    Managing a large estate is never easy. Tack on 2 acres of property and keeping track of the comings and goings of family and visitors becomes nearly impossible. Needless to say, the new owner of a $10 million spec home in Florida was eager for a simple way to monitor and manage his 15,000-square-foot residence, 2,800-square-foot clubhouse and expansive outdoor areas. Read Now

  • Survey: 72% of CISOs Are Concerned Generative AI Solutions Could Result In Security Breach

    Metomic recently released its “2024 CISO Survey: Insights from the Security Leaders Keeping Critical Business Data Safe.” Metomic surveyed more than 400 Chief Information Security Officers (CISOs) from the U.S. and UK to gain deeper insights on the state of data security. The report includes survey findings on various cybersecurity issues, including security leaders’ top priorities and challenges, SaaS app usage across their organization, and biggest concerns with implementing generative AI solutions. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3