Clearwater International advises the owners of Dansk Brandteknik A/S and associated companies on the sale of the Group to Securitas AB
Clearwater International has advised the owners of Dansk Brandteknik A/S, Sikkerhedspartner af 1995 A/S, Safetrans A/S, Vagn Dujardin Telematik A/S, and Cardia Nordic Holding ApS (together DBT or the Group), a leading Danish provider of fire safety and other safety solutions and services, on the sale of DBT to Securitas AB (Securitas), a listed global provider of security solutions and services.With a heritage dating back to 1946, DBT is an experienced specialist and a leading player in the Danish market providing fully integrated solutions and services within the fire safety, gas detection and first aid segments. The business ensures that its customers have the right safety equipment and systems which always meet high safety standards.
The business model is characterised by a high degree of recurring revenue and long customer relationships as the vast majority of solutions and services are provided on either a contract or subscription basis. DBT has been successful in retaining its customers as well as gaining new customers through proactive sales efforts, and currently serves a large and diversified portfolio of B2B customers operating within many different industries, including customers from the retail, industrial, hospitality, healthcare, and business services sectors. Today, DBT employs more than 40 employees with a high degree of know-how within fire safety and related areas.
Securitas is leading the transformation of the global security industry, from traditional guarding to a wide range of protective services, including on-site, mobile and remote guarding, electronic security, fire and safety and corporate risk management. Securitas employ approximately 370,000 people and has an annual turnover of approximately €10.8bn (SEK 108bn) in 2020. Securitas is listed on the NASDAQ Stockholm stock exchange.
DBT and Securitas are in many ways a perfect match as they share the same value proposition and have similar business models in terms of long customer relationships and contracts. By acquiring DBT, Securitas is expected to gain a stronger foothold within fire and safety solutions and services market in Denmark. For the previous owners and current management of DBT, the sale to Securitas is an optimal way to strengthen its future market position and further develop the business by realising a significant number of cross selling synergies.