Securitas AB (OM:SECU B) acquired Supreme Security Systems, Inc for $20 million on December 1, 2021. The acquisition will be accretive to Securitas operating margin through its resilient recurring monthly revenue portfolio representing more than 70 percent of the revenue. Total annual sales amount to approximately $10 million, mainly driven from its recurring monthly revenue (RMR) base. The acquisition-related costs are expected to be $1.32 million, recognized across 2022 and 2023. The acquisition is expected to be EPS accretive as of 2022 and will be consolidated in Securitas as of December 1, 2021.

Securitas AB (OM:SECU B) completed the acquisition of Supreme Security Systems, Inc on December 1, 2021.