A Western Canadian based, multi-location, Security personnel and screening company has retained Stormont Capital Advisors to assist it in its capital raising initiatives. The Company is a fast-growing enterprise providing a full suite of security guard and screening services in two Canadian territories and five provinces. Its unique position within these regions delivers a high degree of customer retention as demonstrated through its exceptional contract renewal rates.
From its strategically located service centers, the Company’s regional management teams serve a broad range of commercial, industrial and government clients. The Company maintains a strong Indigenous strategic partnership model that allows them to solidify their market position and promote future growth.
The Company has grown its business over the last several years, with continued growth in revenues forecasted; an increase of 28% year-over-year, from $17.5MM to $22.3MM. A significant portion of revenues are secured under long term contracts. Some of this growth is also being driven by the near-term requirements of implementing and regulating COVID19 pandemic workplace safety and distancing restrictions.
The Company represents a timely opportunity for a private equity investor to participate in the growth of a turn-key business, well positioned to capitalize on major market opportunities in Northern and Western Canada.
Contact for more information:
Stu Parnell
403-452-5361
sparnell@stormontcapital.com
