Niscayah was a security systems company based in

Stockholm Stockholm (; ) is the Capital city, capital and List of urban areas in Sweden by population, most populous city of Sweden, as well as the List of urban areas in the Nordic countries, largest urban area in the Nordic countries. Approximately ...

, Sweden, active in 17 countries and first listed at

Nasdaq OMX Stockholm Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange (), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total ...

Mid Cap Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...

, when it was distributed to the shareholders of

Securitas AB Securitas AB is a Swedish Corporate group, group devoted to security services, such as security guarding, mobile patrolling, Surveillance, monitoring, Private investigator, investigation and related consulting services. The group is headquartere ...

in August 2006, under the name of Securitas Systems. In 2008, the name was changed to Niscayah. In September 2011, Niscayah was purchased by the Stanley Convergent Security Systems division of

Stanley Black & Decker Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a ''Fortune'' 500 American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of Ne ...

for approx. $1.2 billion. It was briefly renamed Niscayah Stanley Security Solutions, but now goes under only the Stanley name. In July 2022 it was sold to Securitas AB for $3.1 billion

USD The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...

. In 2023 it was renamed Securitas Technology. Stanley Security and Securitas Electronic Security merged together as Securitas Technology. Stanley Healthcare was sold to Securitas AB and renamed Securitas Healthcare.

History

* 1950:

Securitas In Roman mythology, Securitas was the goddess of security and stability, especially the security of the Roman Empire The Roman Empire ruled the Mediterranean and much of Europe, Western Asia and North Africa. The Roman people, Romans conqu ...

conducts technical operations in support of security operations. * 1998: Acquisition of Tele Larm AB. Erstwhile Securitas Teknik and TeleLarm forms Securitas Alarm, later changed the name of ''Securitas Systems''. * 2001: The Systems division formed after Securitas acquired a number of security firms operating in the system. The division had to begin operations in the Nordic countries, France, Spain, Portugal and the United States. * 2003: Acquisition of Südalarm in

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

(customer portfolio in banking and finance and knowledge in security, turnover 128 million). Restructuring followed by positive results in the operations in the United States. * 2004: Acquisition of Bell Group plc in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

(installation and maintenance of security systems primarily for banks and financial institutions operating in both Europe and the United States, turnover 954 million), Struck & Partner in Germany (security for retail chains, sales 59 million) and Eurotelis in

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

(supervision of banks, turnover 247 million). With these acquisitions created a deeper understanding of the customer's security needs and an increased presence in the main European markets. * 2005: Acquisition of Hamilton Pacific in the United States (security solutions for banks, turnover 366 million), Wornall Electronics in United States (safety, turnover 35 million) and Empresa de Servicios Especializados de Seguridad (ESES) in Spain (security systems, and specific fire protection for banks, turnover of 73 million). All acquisitions constituted good grounds for organic growth in each market. * 2006: Acquisition of Elmaco in

Belgium Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...

(fire installations for industry and government agencies, turnover 11 million) and Premier Systems Solutions in

Florida Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic ...

in the United States (security systems integration, sales MSEK 35). Securitas Systems spun off from Securitas Group and is listed on the Nordic Stock Exchange in September. Acquisition of NOR Security AS in Norway (integration of security systems for police and the judiciary, industry, turnover 17 million). * 2007: Transformation of the business model, increased organic growth and acquisitions within prioritized customer segments. * 2008: Securitas Systems AB changes name to Niscayah AB. * 2011: Niscayah new owners of Stanley Black & Decker, founded in 1843 in

New Britain New Britain () is the largest island in the Bismarck Archipelago, part of the Islands Region of Papua New Guinea. It is separated from New Guinea by a northwest corner of the Solomon Sea (or with an island hop of Umboi Island, Umboi the Dampie ...

. * 2012: Changed name to Niscayah Stanley Security Solutions.

References

Defunct companies of Sweden Security companies of Sweden Companies based in Stockholm Business services companies established in 1950 Companies disestablished in 2011 Companies formerly listed on Nasdaq Stockholm 2011 mergers and acquisitions Swedish companies established in 1950 2011 disestablishments in Sweden Swedish companies disestablished in the 2010s {{Sweden-company-stub