Securitas Direct AB News

Securitas, the intelligent security solutions partner with world-leading technology and expertise, has joined the European Commission’s AI Pact, to reinforce its commitment to the ethical and responsible use of artificial intelligence (AI). AI Pact The AI Pact is a voluntary framework to prepare for compliance with the European Union’s AI Act, which regulates the use of AI systems based on their potential risk. The AI Act came into force in August 2024 and will be implemented in s...

An attention-grabbing exhibit at GSX 2024 in Orlando involved a robot dog that could open a door.  Boston Dynamics robot dog ASSA ABLOY impressed attendees with the robotics demonstration, featuring the Boston Dynamics robot dog that could open a door using either an HID credential or a mechanical grip. This innovation represents a shift toward more autonomous security solutions and is suitable for environments where human access may be limited. ASSA ABLOY impressed attendee...

ISS (Intelligent Security Systems), a renowned global provider of video intelligence and data awareness solutions, announced that is has appointed Charles Vancheri as Associate Director of Distribution Partnerships for North America. As an industry veteran with more than a decade of experience, Charles Vancheri will be responsible for setting the company’s strategy relative to building a robust network of distribution partners across the region and thus make the ISS portfolio of high-trus...

The Monitoring Association (TMA) welcomed its 119th Emergency Communications Center (ECC) in the United States and its first agency in the state of California to implement the Automated Secure Alarm Protocol (ASAP). The state of California became the 22nd state in the United States to participate in the ASAP programme.  Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm companies to...

Securitas enters into a four-year term loan agreement of MEUR 1 100 together with nine of its relationship banks, with the option for the parties to extend one additional year. The proceeds will be used to refinance a large part of the remaining MUSD 2 315 bridge facility related to the acquisition of STANLEY Security which was closed on July 22, 2022. Flexibility in funding strategy “By entering into the long-term loan agreement we secure a major part of the r...

The Monitoring Association (TMA) welcomed its 111th ECC in the United States on Monday, July 25, 2022. The New Hanover County ECC in North Carolina became the 12th ECC in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP). Public-private partnership The New Hanover County ECC went live with Rapid Response Monitoring, Vector Security, Tyco (Johnson Controls), Stanley Security, Guardian Protection, Securitas, ADS, United Central Control, Brinks Home Security, Af...

Recently, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc. Following customary regulatory approvals, the acquisition is complete, and the joint potential of the two businesses is unleashed. Securitas holds a strong position within the security services market and has continuously built a robust platform within the technology and solutions area to meet the increasing demand for smarter, innovative, technol...

Securitas, the security solutions partner with world-renowned technology and expertise, has signed the commitment letter for the Science Based Targets initiative (SBTi) and will begin the process of developing and validating targets, in order to reduce the Group’s climate impact. The Science Based Targets initiative (SBTi) is a collaboration between CDP (formerly Carbon Disclosure Project), the World Resources Institute, Worldwide Fund for Nature, and the UN Global Compact. Science Based...

Mergers and acquisitions are among the most disruptive forces in the security marketplace. However, they are also both a reality and a growing trend. Whenever there is value to be leveraged, companies tend to enter into business transactions to maximise that value. For the security industry, the result is a continually shifting collection of manufacturer companies seeking new ways to provide value to customers. M&A activity continued unabated in 2021, despite residual industry challenges su...

Stanley Black & Decker announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion in cash. The proposed transaction includes Stanley Black & Decker's Commercial Electronic and Healthcare Security business lines ("Security").  Transaction proceeds The businesses carry 2021 forecasted revenues of approximately $1.7 billion with an adjusted EBITDA margin in the low double-digits,...

The Security Industry Association (SIA) has named six recipients for the 2021 SIA Women in Security Forum scholarship – a program developed by the SIA Women in Security Forum to further educational opportunities and promote advancement for the widest spectrum of people possible in the security industry. In the 2021 scholarship program – open to employees of SIA member companies and SIA student members – each honouree will be awarded $10,000 to use toward continuing education a...

Securitas, an intelligent protective services partner, has agreed to acquire Protection One, the German company specialising in remote technology-driven security solutions and electronic security. The acquisition will enhance Securitas’ protective services capabilities in Germany and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis.  Remote...

Securitas, an intelligent protective services partner, is awarded a net impact rating of AAA (Prime level) by the Upright Project. The Upright net impact model uses artificial intelligence to go through a database of millions of scientific articles and public statistical databases measuring the net impact of companies on the world. The AAA rating is the highest rating possible and puts Securitas within the top 3% of rated companies. Upright net impact model The Upright net impact model relies...

The Board of Directors of Securitas AB (publ) (‘Securitas’) has resolved, pursuant to the authorisation granted by the annual general meeting held on May 5, 2021, that the company shall acquire its own shares of series B on Nasdaq Stockholm. The purpose of the acquisition is to ensure Securitas’ undertakings in respect of share-related or share-based incentive programs (other than the delivery of shares to participants of incentive programs), including covering social security...

Consolidation continued in the physical security marketplace in the turbulent year 2020. There were several mega-deals in addition to shuffling among small and medium-sized companies. Here is a sampling of M&A from this year, compiled from our archive of company news. With the changing economic climate, how much more is ahead in 2021? Stay tuned. Wesco merges with Anixter WESCO International, Inc., a provider of business-to-business (B2B) distribution, logistics services and supply chain...

Car theft is a huge risk for car sales offices, and this is especially an issue for the premium brands. Luxury car giant Eden Auto Premium BMW built a new site in Bordeaux, France, where they house and sell new and second-hand cars, as well as having a car park for customers. That amounts to a lot of cars that need protecting. They researched and compared different technologies and selected Hikvision products to meet their needs. These were then ably installed by reseller Faurie Telecom (Group...

Securitas is acquiring STANLEY Security’s electronic security businesses in Germany, Portugal, Switzerland, Singapore and India. The acquisition is aligned with Securitas’ ambition to double the size of its security solutions & electronic security business and expands Securitas’ electronic security footprint and capabilities. The purchase price is estimated to MUSD 64 (MSEK 563). The entities to be acquired provide an integrated electronic security offering to their client...

The educational programme covered security management topics such as the terrorism risk outlook & IoT Over 650 security professionals gathered for the ASIS 15th European Security Conference and Exhibition at the Business Design Centre in London from 6 to 8 April. Education program of over 50 sessions The educational programme provided more than 50 sessions across 5 tracks, covering the full spectrum of security management topics such as the terrorism risk outlook, intern...

Verisure Securitas Direct has broken new ground in the European home alarm industry with a new personalised portable wireless camera that customers can use to monitor their homes, providing added security and peace of mind. Verisure Securitas Direct is the first professional alarm company in Europe offering a Smart Cam service. The Verisure Smart Cam is a small camera operated remotely via the web or the Verisure app. It takes photos automatically by motion sensor and on command, storing them i...

Agent Vi awards its channel partners for their outstanding partnership during 2012 in their respective regions Agent Video Intelligence (Agent Vi) is honouring leading members of its Channel Partner Program with Channel Partner Awards for their outstanding partnership and efforts during 2012 in their respective regions: Channel Partner Award for 2012 for the North America region – G4S Technology LLC., for exceptional sales of Agent Vi’s products in large-scale pro...

115 IQeye HD megapixel cameras watch over MAXI ICA's premisesIQinVision, market leader in high-performance HD megapixel network cameras, smart IP cameras, and network video recording systems, announced that the largest supermarket chain in Sweden ensures personnel safety with video surveillance from more than 100 IQeye HD megapixel cameras managed by Milestone XProtect™ open platform IP video management software. MAXI ICA Superstore in the Swedish city of Umea has invested in a securi...

The largest supermarket chain in Sweden ensures personnel safety with video surveillance from more than 100 IQeye megapixel cameras managed by Milestone XProtect™ open platform IP video management software.MAXI ICA Superstore in the Swedish city of Umea has invested in a security system with 115 megapixel cameras from IQinVision. The servers handle a total of about 2,200 images per second and Milestone XProtect™ Enterprise software makes it easy to manage, view and export the video.I...

From the right Product Manager Stefan Poulsen, Branch Manager, Business Brian Soencksen; and PROTECT's Account Manager Peter Moellerhøj with one of the redesigned Fog CannonsAs more and more companies choose to expand the existing alarm system and protect their valuables with fog security, Dansikring Direct has chosen a new supplier of Fog Cannons. The choice fell on Danish PROTECT, who already provides fog security equipment to most of the world.'PROTECT produces the best Fog Cannons'The...