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Securitas acquires security electronic monitoring business
Multinational security services group Securitas has been advised on its acquisition of the Staysafe security electronic monitoring business.
Jerome Doraisamy
Source: securitas website
Firm: Baker McKenzie (Securitas); unknown (Staysafe)
Value: Undisclosed
Area: M&A
Key players: The Bakers team was led by senior associate Lawrence Mendes, who was assisted by Ben McLaughlin, Emily Hunter, Kathryn Schultz and Alanna Rennie.
Deal significance: Speaking about the deal, Mr Mendes said: “This transaction continues our client, Securitas’, growth trajectory in further becoming a leader in the global security market. The complimentary Staysafe business will provide an expanded local platform in Australia.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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