Axitea SpA is the leading provider of armed security services and electronic surveillance systems in the Italian market. The company operates in armed guarding, patrolling, alarm monitoring, cash handling, satellite tele-security and integrated security systems with approximately 2,100 armed guards, 800 vehicles and 4 monitoring centres.
The Italian market is under penetrated compared to the rest of Europe, has significant growth potential and is expected to consolidate in the medium term. Regulatory changes are providing significant value creation opportunities through cost efficiencies and growth in market share. In 2009 the company acquired MegaItalia, the leading integrated security systems company.
Business Services / Safety & Security (Services and Systems)Country:
Marco Bavazzano (General Manager)CFO
€121mSSCP Board Members:
Stefano Bonfiglio, Bolaji Odunsi and Matteo NichilInvestment Date:
May 2008Value Creation:
Penetration of new markets