EQT Public Value invests in Securitas – becomes fourth largest shareholder
- EQT Public Value acquires 2.7 percent of leading global security services provider, Securitas, and becomes fourth largest shareholder in the Company
- As an active owner, EQT Public Value will work closely with Securitas’ existing shareholders, board and management, and it will participate in the Company’s nomination committee
- EQT Public Value will support Securitas’ continued transformation by offering access to the EQT platform, including EQT’s in-house digital and sustainability teams
The EQT Public Value fund (“EQT Public Value”) has acquired 10 million shares in Securitas AB (“Securitas” or “the Company”), representing an ownership of 2.7 percent of shares outstanding. Niklas Ringby, Partner at EQT Partners and Investment Advisor to EQT Public Value, will join the nomination committee for Securitas’ Annual General Meeting in 2021.
EQT Public Value seeks to identify minority investments in public companies with market leading positions, strong management teams and significant potential for top-line and earnings growth. Through shareholder engagement, EQT Public Value aims to work closely with existing shareholders, boards and management teams in order to allow that companies reach their full potential and deliver shareholder value.
Founded in Sweden in 1934, Securitas has a leading position in the security services industry with a strong local and global market presence. The Company currently operates in 56 countries and has approximately 370,000 employees. Securitas is listed in the Large Cap segment on Nasdaq Stockholm and reported net sales of SEK 110.9 billion and EBITA of SEK 5.7 billion in 2019.
Today, Securitas is leading the transformation of the global security services industry, from traditional guarding to a wide range of protective services, including on-site, mobile and remote guarding, electronic security, fire and safety, as well as corporate risk management. In 2019, the Company announced its ambition to double the size of its security solutions and electronic security business from SEK 20 billion in 2018 to SEK 40 billion in 2023
Niklas Ringby, Partner at EQT Partners, said: “We have followed Securitas for a long time and are impressed with the Company’s transformation from providing traditional guarding services to offering comprehensive security solutions. EQT has vast experience in developing and digitalizing services companies. Thanks to its strong service offering, global branch network and leading market position, Securitas has an excellent platform for further organic and acquisitive growth. EQT Public Value looks forward to working together with shareholders, board and management on the next phase of Securitas development.”
In addition to Securitas, EQT Public Value has previously disclosed investments in BHG Group AB, Storebrand ASA, Adapteo Plc and AFRY AB.
Niklas Ringby, Partner at EQT Partners and Investment Advisor to EQT Public Value, +46 8 506 55 398
EQT Press Office, firstname.lastname@example.org, +46 8 506 55 334
EQT is a differentiated global investment organizationwith more than EUR 62 billion in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
Securitas is a global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions, consulting and investigations, Securitas customizes offerings that are suited to the individual customer’s needs, to deliver the most effective security solutions.
More info: www.securitas.com