Acquisition of ISS security services in Finland by Intera Partners
ISS, a global leading facility services provider, agreed to sell its security services in Finland to the Finnish private equity firm Intera Partners. The security activities of ISS Finland had about 1,500 employees, and generated an annual revenue of about EUR 67 million. It is one of the leading companies in Finland’s security industry.
ISS security services combines manned guarding, reception services, technical security systems, remote services, secure network connections and airport security services. It was considered to be forerunner in the development of combining manned guarding with remote and mobile services. ISS Security services rebranded as Prevent360 was a perfect match for Intera’s investment portfolio as it has plenty of growth potential, its market’s broadest, integrated offering enables comprehensive risk prevention and possibility to exploit the increasing demand for cyber and network security services.
Enterprise value of transaction was DKK 261 million (EUR 35 million).
Our main value creation components were:
- Market analysis and investment hypothesis and case formation
- Initiation of the potential transaction leading to exclusive negotiations
- Company and market information gathering and analysis
- Letter of Intent negotiations
- Assisting in Due Diligence, concentrating on TSA and buy&build strategy
Intera Partners is a private equity group specialized in accelerating the growth of Finnish and Swedish companies. It has two funds under management, the total capital of which is 325 M€.
Intera’s investment focus lies on companies that are active in rapidly growing sectors and are able to achieve a leading market position and internationalize.
Intera’s headquarters is located in Helsinki.