Acquisition of Skycom
G4S, the world’s leading international security solutions group, announces its acquisition of Skycom (Pty) Ltd in South Africa, through its local subsidiary G4S Secure Solutions (SA) (Pty) Ltd, having acquired 100% of the issued share capital.
Skycom, a market leader in the African security systems market, has gross assets of £3.3 million and was acquired from its management owners AD White (CEO), G Hogan (Operations Director), R Brooke Smith (Sales Director) and A Hauptfleisch (Development Director). The acquisition was completed on 1 September 2010.
The acquisition will enhance the technical capabilities of G4S in South Africa and across the continent. Skycom specialises in the installation of access control hardware and software and is a market leader in time and attendance solutions.
Skycom specialises in integrated and turnkey solutions for large and distributed workforces, in particular:
- Heavy Industry
- Ports and Harbours
- Other workforce intensive industries
in the fields of:
- Time and access management solutions
- Identification management
- System customisations and adaptations to client requirements
- Safety access management
- ERP, Payroll and HR system integration
Skycom counts most major South African mining houses and oil companies among its customers, and operates in several African countries.