Pamica AB acquires a majority stake in security company Safe Solutions and its subsidiaries

Sweden 25 January 2017
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Pamica AB acquires through Safe Solutions Holding AB, the majority of the shares of Safe Solutions AB. Other shareholders include company founder Magnus Frönserius and parts of the line. The acquisition is the third of a number of planned investment in the Swedish unlisted companies.

- "It is with great satisfaction that we are doing our third acquisition. We see the Safe Solutions and their services as a very interesting player in the security market. The services that have a high technical content compared to traditional security companies seems like a very good platform for continued growth when there is an ongoing movement toward more IT solutions built throughout the security industry. There is a huge potential for growth in both volume and profitability and thus establish the company as one of the major players in its segment in Sweden ", says Pamicas founder Jan-Olof Svensson.

- "We have for some time been looking for a partner to take the company to the next stage and feel that we found the right with Pamica because Pamica is what we need - a financially strong owner that combines traditional skills with active entrepreneurship in a very good way" says Magnus Frönserius, owner and founder of Safe Solutions.
In connection with the acquisition, Mr. Anders Hallberg new President. Anders has extensive experience in senior positions in the IT industry.

Safe Solutions has been active on the Swedish market since 2010 and is today the largest player in active monitoring. The whole process is done in-house in order to always deliver a high quality. The company's focus is to monitor large outer areas to eliminate the unauthorized entry of a facility. Today manages Safe Solutions monitoring the bla. Construction sites, Byggvaruhus, Trucking, Recycling, gravel / rock quarries and others.
The company provided surveillance replaces the traditional guard with an intelligent monitoring for continuous monitoring around the clock, all year round as a service with the objective: Monitor - analyze - alarm - documenting.

Total investments received (USD): N/A

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