Sharechat Logo

SIS Group to partner with Platform 4 Group

Friday 22nd March 2019

Text too small?

A leading Auckland based security provider has attracted investment from globally recognised SIS Group via its Australian subsidiary, which includes MSS Security (www.msssecurity.com.au).

Platform 4 Group (P4G) has been actively looking for a strategic partnering opportunity to support its growth strategy in New Zealand.

P4G is a leading provider of event services, patrols, monitoring and static guarding in the manufacturing, construction, hospitality, and commercial sectors throughout New Zealand.

P4G Managing Director Aaron Colthurst says the deal is exciting news for the company’s 1,100 employees and over 500 customers.

“This new strategic partnership gives us the resources we need to support our planned growth and provide international expertise from a partner who shares our values and our focus on doing an exceptional job for our customers,” Mr Colthurst said.

“Whilst SIS Group has acquired just over 50% shareholding in P4G, in a practical sense the existing operational structure will remain the same. I will continue in my role of Managing Director and it will be business as usual for our management team, with MSS and its parent SIS Group providing valuable financial and strategic support.

“Alongside the financial support, there are many benefits of P4G being able to access MSS’s business intellectual property which support a wide range of industry sectors across Australia.

“We are now in the enviable position to seek out further bolt-on acquisition opportunities, as part of our overall growth strategy, in addition to our organic growth”.

“We are looking forward to a strong future in the New Zealand security industry with this global giant as our strategic partner,” Mr Colthurst said.

()

NOTE: please be advised to read full articles from Business Desk Website, you will have to pay a subscription fee on their website.



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Xero chair to retire early as family’s health comes first
Business leaders quiz finance minister on capacity to spend $12b
House prices are accelerating again, even in Auckland
13th December 2019 Morning Report
Tourists still coming but growth is slowing
Peters backs StuffME merger bid
Supplements, skincare firm poised for reverse listing
NZX, EEX eye carbon auction opportunity
A2 Milk boss steps down, shares fall 7.7%
NZX says operating earnings will reach top of guidance

IRG See IRG research reports