SectorGuard to acquire SectorAlarm 
(15/02/2005)
SectorGuard is currently in talks to acquire SectorAlarm Limited, which specialises in the installation and maintenance of electronic security systems. The acquisition of SectorAlarm, which is accredited to NSI Gold status, would take the Company into the electronic security sector.
David Marks, Chairman of SectorGuard said: “The acquisition of SectorAlarm will provide us with a strong platform on which to build a full service, total security solution business. The enlarged group will be able to add significant value to all its clients through the integration of traditional manned guarding solutions and electronic system solutions, providing a high quality, cost-effective solution for the protection of our clients’ assets.
“We hope that this will be the first of a series of acquisitions in the global protection sector to allow us to take advantage of critical mass and economies of scale, as we have in the initial growth stage within the manned guarding sector. We have made steady progress in expanding our manned guarding operation across the UK and now feel that with an extended offering we will be able to actively build on these successes.”
In its audited accounts for the year ended 30 September 2004, SectorAlarm reported an operating profit before depreciation and amortisation of £85,000 on a turnover of £612,000 and a gross profit of £233,000. Net Assets as at 30 September 2004 were £537,000. The proposed initial consideration is £400,000 with up to a further £800,000 payable over the two years following completion of the acquisition, dependent upon the levels of profit achieved. The consideration is likely to be settled part in cash and part by the issue of new shares in SectorGuard.
Related topics: Security industry Security Services
Print version | 
Email to a friend | 
Related articles
Data breaches: Trends, costs and best practices gives you all the latest information on securing personal and corporate data, key recommendations for immediate action to improve data security, and how to respond to data breaches.
Other Security news and resources
Security News
Suppliers Directory
Jobs forum
Classifieds
Knowledge base
White papers
Research library
Security books
Special reports
Security interviews
Security companies
Security events
Security links
Security market
Product channels
Access Control Biometrics CCTV Intruder Alarms IT Security Manned Guarding Perimeter Protection Physical Security Remote Monitoring Security Services Fire, Health & Safety Other Security Products
IT Security white papers and research library
Access Control Authentication Data Management Data Security Digital Signatures Email Security Identity Management Internet Security Intrusion Prevention Network Security Remote access security Security Management Security Policies Security Software Security Threats Virus Detection Software Virus Protection VPN Vulnerability Assessment Wireless Security
Security books, guides, standards and toolkits
RFID and Smart Cards books, guides and reference documents Biometric books, guides and reference documents CCTV books, guides and reference documents Intruder alarms and intrusion detection systems books, guides and reference documents Monitoring and surveillance books, guides and reference documents IT Governance, ISO 27001 ISO 17799 and BS 7799 toolkits Fire, Health & Safety books, guides and reference documents
