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Securitas gets into electronic security; Iverify doubles in size

June 4, 2014Martha Entwistle

In two separate, but related transactions, Securitas is getting into electronic security and Iverify is nearly doubling in size and adding new capabilities. Guarding giant Securitas is making a concerted move into electronic security and “integrated guarding” with the purchase, announced June 2, of a 24 percent stake in remote monitoring firm Iverify. In a related move also announced Monday, Iverify bought 100 percent of the shares of commercial security and fire company TransAlarm. Iverify...

Driehaus Private Equity, fire installation, integrated guarding, iVerify, Jim McNulty, PrivateBank, Raymond James & Associate, remote monitoring, Sean Forrest, Securitas, security system installation, Security Systems News (SSN), Steve Champeau, Trans Alarm