We advised Sector Alarm AS (“Sector Alarm”) as Finnish counsel in two consecutive acquisitions when Sector Alarm first acquired Turvatiimi Oy and thereafter G4S Security Services Oy. Through these acquisitions, Sector Alarm entered the Finnish security services market and continued its expansion in the Nordic region.
In January 2016, Sector Alarm took its first step into the Finnish market with the acquisition of Turvatiimi Oy, Finland’s fourth largest provider of security services with more than 1,000 employees. Sector Alarm continued its expansion in Finland by acquiring G4S Security Services Oy, which is one of Finland’s largest security companies, with around 1,800 employees. Following the approval of the Finnish Competition and Consumer Authority, the G4S Security Services Oy acquisition was closed in April 2016.
The Norway-based security group Sector Alarm is a full-service provider in the field of safety and security for residential and business properties. Borenius worked in these transactions together with the Norwegian law firm Wiersholm.
Our team in these transactions was led by partners Juha Koponen and Johan Roman.