M&A

M&A

Integrated security solutions provider SIS to acquire AP Securitas for Rs.650-Cr

BSE Announcement   Security Today  

Publicly-listed SIS Ltd, an integrated business services company, is acquiring fellow New Delhi-based APS (A P Securitas) Group in an INR 600-650 crore deal in two tranches.In the first tranche, SIS will purchase a 51% stake in APS Group for INR 73.40 crore by November 1, 2025. The second tranche, involving the acquisition of the remaining 49%, would be completed by 2028.The target reported unaudited turnover of INR 1,119 Cr for FY25. It has over 35,000 employees and over 1,000 clients.Founded in 1986, APS Group provides services including manned guarding, electronic security systems, surveillance, facility management, and manpower outsourcing to various sectors like banking, IT, education, and healthcare.Post-transaction, the combined entity will have approximately 350,000 employees.