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MONTREAL — GardaWorld Security Corporation, a global leader in security services, AI-driven security technology, integrated risk management, and cash automation, has entered into a binding agreement to acquire Stealth Monitoring, a company specializing in video monitoring solutions. This acquisition will build on GardaWorld’s ECAMSECURE platform, establishing the company as a global leader in AI-powered remote video monitoring solutions.
Enhanced Value Through Combined Expertise As GardaWorld Announces Acquisition of Stealth Monitoring
As GardaWorld announces the acquisition of Stealth Monitoring, this brings proprietary technology and a wealth of industry expertise to GardaWorld, uniting the strengths of both companies. This merger is expected to enhance GardaWorld’s offerings across both mobile and fixed video monitoring. Stephan Crétier, GardaWorld’s founder, president, and CEO, stated, “With Stealth Monitoring’s extensive experience, this acquisition positions us to lead in North American mobile and fixed video monitoring, adding immense value to our clients.”
A Shared Vision for Innovation and Growth
Stealth Monitoring’s leadership expressed enthusiasm for the partnership, emphasizing shared values of innovation and customer-centric solutions. “GardaWorld’s focus on value creation and industry innovation aligns perfectly with our mission,” said Stealth Monitoring CEO Max Baigelman. President Erik Mikkelsen echoed this sentiment, praising GardaWorld’s reputation for elevating companies to new levels of growth.
Stealth Monitoring operates with a team of approximately 2,000 employees across over 40 offices and eight video monitoring centers. The transaction is anticipated to be finalized in Q4 of this year, pending regulatory approvals and standard closing conditions.
