France

May 2023

VIGILEC acquired by SCUTUM GROUP

Sell-side

France

May 2023

VIGILEC acquired by SCUTUM GROUP

has acquired

VIGILEC acquired by SCUTUM GROUP

Sell-side

Deal side

Sell-side

Deal size

€1m – €5m

Date

May 2023

Industry

Business Services

Advised by

Linkers

SCUTUM GROUP (sales: €300 million, 1,300 employees, presence in 6 countries) continues its national expansion with the integration of VIGILEC, a subsidiary of the TEB group, operating in the Bourgogne-Franche-Comté, Auvergne-Rhône-Alpes and Provence-Alpes-Côte d’Azur French regions…

Linkers, one of our French Partners, advised Vigilec on this transaction.

VIGILEC has been a regional player in the security sector for 45 years, specializing in installing and maintaining electronic security systems (intruder alarms, access control, and video surveillance). It is dedicated to banking establishments on the French market and serves and supports several major regional and national customers in the sector. VIGILEC represents a great opportunity for SCUTUM GROUP to reinforce its leading position in the banking market, acquired over almost 30 years.

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