Business Services
2006

La Vigile San Marco – Sicurglobal

la Vigile San Marco is one of the highest-quality providers of security services in Italy, with sales of approximately €25 million. Leader in the Venice province and number two in the Veneto region, San Marco is a technology leader in Italy: proprietary operating software and alarm systems entirely on GSM, pioneer in GPS surveillance for vehicles.

Sicurglobal is the second largest group in Italy, with sales of approximately €160m. It was the first Italian security operator to be acquired by a financial investor, BS Private Equity Group.

With this transaction, our clients realised a value significantly above multiples recorded in the industry in Italy by that time. (including the Sicurglobal acquisition).

Sicurglobal acquired one of the most desirable targets in Italy, gaining a major position in the most attractive region, as well as entering GPS vehicle surveillance through the Adige Telesicurezza subsidiary.

Cross Border was retained by the sellers because it is the only advisor in Italy with specialist industry knowledge. We originated the transaction, selected the best possible buyer among a large number of candidates and signed in approximately two months from the beginning of negotiations.