The private shareholders of Totaal Beveiligingen have sold the company to Stanley Security Solutions. Financial details have not been disclosed.
Stanley Security Solutions is the security division of US-based listed Stanley Black & Decker. Through the acquisition of Totaal Beveiligingen, Stanley Security Solutions substantially strengthens its market position in the SME market in the Netherlands. Additionally, Stanley Security Solutions will have the opportunity to grow the company through the operation under a well-known brand name.
Totaal Beveiligingen is the Dutch leading market player providing total security solutions. The company's products include security cameras, alarm systems, fire safety systems and 24/7 alarm receiving center (ARC) services to the SME market and also to private individuals.
Oaklins' team in the Netherlands acted as the exclusive M&A advisor to the seller in this transaction.
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