SICURA acquired by ARGOS WITYU
Context
Argos Wityu successfully acquires a controlling majority stake in Sicura from a larger corporate facility management group. The operation effectively serves as a strategic corporate carve-out, allowing the target to operate independently. To ensure profound long-term alignment and continuity, the deal structure incorporates significant minority reinvestments from both the former corporate parent and the incumbent executive management team. The primary strategic mandate of this new capital partnership is to aggressively finance Sicura's external growth trajectory by executing targeted acquisitions across complementary safety and security sectors.
SICURA, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.5x).
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Target
Sicura is an Italian leader in workplace safety and integrated security solutions. The group provides a comprehensive range of services including the installation and maintenance of fire protection systems, machine safety auditing, occupational medicine, and technical safety training. It operates as a consolidated hub for regulatory compliance, ensuring that industrial and commercial sites meet all legal safety standards. Benefiting from increased market attention on comprehensive safety protocols, the firm aims to heavily expand its geographic reach and service portfolio. With a solid operational foundation and specialized technical capabilities, the enterprise is exceptionally well-positioned to capitalize on highly synergistic acquisitions within its core and adjacent security sectors.
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REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 25M - 50M EUR
EBITDA range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Acquirer: argos wityu