Securitas Acquires Risk Management Assets in the US

The transaction will expand SCIS' federal background investigations business and is anticipated to add MUSD 15 (MSEK 140) of annual sales. The transaction will expand SCIS' federal background investigations business and is anticipated to add MUSD 15 (MSEK 140) of annual sales. "We are very pleased to be completing this transaction with the owners of MSM," saysKevin Sandkuhler, CEO, SCIS, and we welcome the employees who will be joining SCIS." "Over the past several years SCIS has...

STOCKHOLM, 15/07/2019 (informazione.it - comunicati stampa - information technology)

The transaction will expand SCIS' federal background investigations business and is anticipated to add MUSD 15 (MSEK 140) of annual sales.

"We are very pleased to be completing this transaction with the owners of MSM," says Kevin Sandkuhler , CEO, SCIS, and we welcome the employees who will be joining SCIS."

"Over the past several years SCIS has expanded its service offering into federal background investigations under Kevin's leadership," says Tony Sabatino , Executive Vice President, Security Services North America, "this transaction will diversify the service offering of SCIS' Investigations sector and provide a broader base from which to continue its growth into the future."

The transaction is expected to close after regulatory approval, which is expected during the third quarter of 2019.

Micaela Sjökvist
Head of IR
Securitas AB
mobile +46-76-116-7443
email micaela.sjokvist@securitas.com  

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https://news.cision.com/securitas/r/securitas-acquires-risk-management-assets-in-the-us,c2863565

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