Is a Securitas/Niscayah reunion imminent?
May 19, 2011Martha Entwistle
STOCKHOLM, Sweden—Is it strange that guarding giant Securitas, which divested itself of its systems integration business (Securitas Systems, now Niscayah) five years ago, this week made a bid to buy that very same business back?
It may be an unusual situation, but it's a deal that makes a lot of business sense for both Securitas and Niscayah, Imperial Capital's John Mack told Security Systems News. And it's a deal that Mack predicted is likely to get done.
“You can see the rationale,”...