Garda World Security Corp. (GardaWorld) has entered into an agreement to acquire Stealth Monitoring, a leading provider of commercial mobile and fixed video monitoring security solutions.
Building on the foundation of the company’s ECAMSECURE platform, the acquisition of Stealth Monitoring will establish a global leader in AI-enabled remote video monitoring solutions, according to an announcement. The acquisition will introduce proprietary technology and extensive product expertise as well as unite the complementary strengths and industry-leading technologies of both companies, significantly elevating the value and scope of customer offerings, the announcement states.
“With decades of experience in mobile and fixed video monitoring, we see Stealth Monitoring as a highly complementary business to our existing global champion businesses and as an opportunity to establish an unrivaled North American leadership in mobile and fixed video monitoring,” said Stephan Crétier, founder, president and CEO of GardaWorld. “We look forward to teaming up with the ambitious experts and operators at Stealth Monitoring who share our entrepreneurial, growth-oriented mindset, laser focus on value creation and desire to innovate and reshape industries.”
“We have a longstanding dedication to advancing the state of commercial video monitoring across North America through a commitment to customer experience and the development of cutting-edge technology,” said Max Baigelman, CEO of Stealth Monitoring.
With headquarters in Dallas, Stealth Monitoring operates six monitoring centers and employees just over 1,100 full-time operators. The company was the recipient of 2024 TMA Excellence Award/Monitoring Center of the Year (SMB). Stealth Monitoring has created an advanced alarm management system designed to significantly reduce false dispatches. By combining cutting-edge technology with thorough quality control measures, the company ensures that alarms are authentic and warrant a response.
“Our goal has always been to anticipate our client needs and continuously deliver the right solutions,” said Erik Mikkelsen, president and CRO, Stealth Monitoring. “GardaWorld shares our winning mindset and an incredible track record for elevating companies and operations in the security industry to the next level of growth and value creation.”
The transaction is expected to close in the fourth quarter of this year and is subject to customary regulatory approvals and closing conditions.
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