Parties
Company
Garda World Security Corporation
Company
Stealth Monitoring
On October 21, 2024, GardaWorld Security Corporation entered into a binding agreement to acquire Stealth Monitoring, a North American leader in commercial mobile and fixed video monitoring solutions. The acquisition will bolster GardaWorld’s ECAMSECURE platform and establish a global leader in AI-powered remote video monitoring. This strategic move enhances GardaWorld’s technological capabilities and expands its reach in North America, uniting the strengths of both companies to deliver superior security solutions.
Stealth Monitoring, headquartered in Dallas, Texas, operates 40+ offices and eight video monitoring centers, employing over 2,000 professionals. With the acquisition, GardaWorld aims to strengthen its position in mobile and fixed video monitoring services. The deal is expected to close in Q4 2024, subject to customary regulatory approvals. The transaction value was not disclosed.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
31 October 2024