Great Security continues to grow in subscription-based security solutions and acquires Gothenburg-based Wasa Larm, which offers smart alarm and camera solutions for businesses and private customers.

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Wasa Larm was founded in 2005 by Jimmy Holm and Henrik Dunör, who will remain in their management positions after the acquisition. Wasa Larm offers smart subscription-based alarm and camera solutions for businesses and private customers. Simple pricing models combined with a high level of service have created a loyal and growing customer base. Wasa Larm has grown successfully over the years and created a well-known brand in West Sweden.

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"Wasa Larm is a very well managed company with satisfied customers and stable revenues. The company operates in a market segment that Great Security sees as very attractive. This, combined with the company's knowledgeable employees and high level of service, makes them a perfect fit for Great Security. We are very pleased to welcome Wasa Larm. Their experience and knowledge will be a great asset and valuable for both existing and future customers", says Pontus Skårner, CEO Great Security

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Wasa Larm has always put the customer first and sees the merger with Great Security as a way to reach more customers across the country, while delivering even better service to existing customers.

Read more about the acquisition on Great Security's website

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About Great Security

Great Security is one of Sweden's leading independent security companies. We offer smart and comprehensive security solutions to lock, pass, alarm, monitor, extinguish and secure. Our dedicated and knowledgeable staff always puts the customer first to meet each customer's unique requirements, needs and circumstances. Great Security has a turnover of approximately SEK 700 million and employs approximately 400 people. With 27 offices and a strong partner network, we are always close to our customers.

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About MVI

MVI is a leading private equity investor in small and medium-sized companies. Our goal is to act as a catalyst for growth and to build long-term strong companies in Sweden and the rest of the Nordic region. We actively work on value creation in our portfolio companies based on our broad network of entrepreneurs and business leaders. MVI is recognised for its ability to identify proprietary investment themes and deliver high returns in its investments.

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Contacts:

Daniel Nilsson
Partner, MVI
+46 70 655 78 52

Pontus Skårner
CEO, Great Security Sverige AB
+46 70 334 82 27

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