Stakes Pegs

In the first ever acquisition abroad by an Indian securitycompany, TOPSGRUP with a market capitalization of Rs 1000 crores (07-08) participation hasacquired 51% majority in the UK, theshield leading provider of security services' Protection Company Ltd "for an all cash deal of Rs 125 crores.

According Dr.Diwan Rahul Nanda, Global Chairman & Managing Director, TOPSGRUP, "the acquisition Shield in the United Kingdomwill Act as a strategic gateway for our global growth plans in the coming years. Shield your next business ethics managementteam with a strong and loyal customer base has many synergies with TOPSGRUP. We anticipate a lot of cost and benefit sharing of experiences between the two companies willbenefit that the Indians and British customers and employees well. This is a proudmoment not only TOPSGRUP but for the entire security industry in India "

Today TOPSGRUP is a provider of security solutions India'spreferred with a human capital base of 65,000 employees in association with over 6,000 customers through its 110 offices pan India networkof. TOPSGRUP through its aggressive organic and inorganic growthdrive is about to raise revenues in excess of Rs 1000 crores at the end of thecurrent fiscal. Very recently, TOPSGRUP also acquired a 35 crore rupees SouthIndian security company called Detective Guardwell Private Services Limited.Some TOPSGRUP key partners include Tata, Birla, Reliance, Airtel, Oracle, HSBC, StanChart, ICICI, Future group amongstothers

The coat of the Company Protection Ltd, one of the 10 in United marketleaders Kingdomwas established in 1987 and has estimated a clientele that ranges from WaltDisney, Fujitsu, Nokia / Vertu, Master Foods, Broadgate Estates, Ove Arup, Halliburton, KBR, Porsche, among others. The British company offers services in the areas of specializedsecurity human surveillance, monitoring the door CCTVpublic space surveillance, vehicle immobilisation and cash in transit. Shieldcurrently partners with more than 350 clients, employs over 2500 human capitalassets and operates in four offices in the UK.

According GerryPaxton, Executive Chairman of the Shield, "association thestrategic two leading national security brands augurs well Forthe rapidly growing global security industry, estimated to find a match TOPSGRUP perfect. "Shield promoted by Gerald Paxton recorded a turnover of U.S. $ 121 million (Rs484 crore) and profit before tax U.S. $ 4.5 million (R 18 million rupees) Forthe 2007-2008. It is close to achieving revenues in excess of U.S. $ 140 million (Rs 560 million rupees) in 2008-2009.

TOPSGRUP, the first Indian multinational security offerstailor made solutions provider security including manned guarding, securitysystems electronic research, facility management, cash management, consultancy, advanced training and emergency response service called TOPSLINE 1252. TopsSecurity Limited, the flagship company of Topsgrup, has the distinction of Being the first security company in India equityfunding private land in 2007. Last year, ICICI venture invested Rs 115 million rupees ($ 28 million) for 13.69 per cent stake, while Indivision (the investment arm of FutureGroup) increased their participation in the undertaking of 4.94 per cent to 7.08per cent, with an additional investment of Rs 25 billion rupees ($ 6 million), with exposure itstotal in TOPSGRUP to Rs 57 million rupees. Well known RakeshJhunjhunwala equity investors also owns a 10.8 percent stake in the cups and is director of the prestigiousboard.

Closer to home, the security industry, which is termed as the "industry of the rising sun" in the business sector; isestimated at Rs 2500 crores, fragmented by the sector in 1500crore Rs. It is growing at an astonishing compound annual growth rate (CAGR) of 25per cent and is expected to is a dominant sector in the coming years. Thesecurity industry worldwide is currently pegged at 141 billion U.S. dollars that includesguarding, research and electronic security.

About the Author:

Started as a free lance writer earlier for Maharashtra Herald Newspaper, then with the Pune-Mid-Day. Have also contributed for articles on websites

Article Source: ArticlesBase.com - Topsgrup Acquires 51% Majority Stake in a Usd 140 Million British Security Company - 'the Shield Guarding Company Limited'

Stakes Pegs

Stakes Pegs