Niscayah
Niscayah was a security systems company based in Stockholm, Sweden, active in 17 countries and first listed at Nasdaq OMX Stockholm, Mid Cap, when it was distributed to the shareholders of Securitas AB in August 2006, under the name of Securitas Systems. In 2008, the name was changed to Niscayah.
In September 2011, Niscayah was purchased by the Stanley Convergent Security Systems division of Stanley Black & Decker for approx. $1.2 billion. It was briefly renamed Niscayah Stanley Security Solutions, but now goes under only the Stanley name. In July 2022 it was sold to Securitas AB for $3.1 billion USD. In 2023 it was renamed Securitas Technology. Stanley Security and Securitas Electronic Security merged together as Securitas Technology. Stanley Healthcare was sold to Securitas AB and renamed Securitas Healthcare.
History
- 1950: Securitas conducts technical operations in support of security operations.
- 1998: Acquisition of Tele Larm AB. Erstwhile Securitas Teknik and TeleLarm forms Securitas Alarm, later changed the name of Securitas Systems.
- 2001: The Systems division formed after Securitas acquired a number of security firms operating in the system. The division had to begin operations in the Nordic countries, France, Spain, Portugal and the United States.
- 2003: Acquisition of Südalarm in Germany. Restructuring followed by positive results in the operations in the United States.
- 2004: Acquisition of Bell Group plc in the United Kingdom, Struck & Partner in Germany and Eurotelis in France. With these acquisitions created a deeper understanding of the customer's security needs and an increased presence in the main European markets.
- 2005: Acquisition of Hamilton Pacific in the United States, Wornall Electronics in United States and Empresa de Servicios Especializados de Seguridad in Spain. All acquisitions constituted good grounds for organic growth in each market.
- 2006: Acquisition of Elmaco in Belgium and Premier Systems Solutions in Florida in the United States. Securitas Systems spun off from Securitas Group and is listed on the Nordic Stock Exchange in September. Acquisition of NOR Security AS in Norway.
- 2007: Transformation of the business model, increased organic growth and acquisitions within prioritized customer segments.
- 2008: Securitas Systems AB changes name to Niscayah AB.
- 2011: Niscayah new owners of Stanley Black & Decker, founded in 1843 in New Britain.
- 2012: Changed name to Niscayah Stanley Security Solutions.