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UK's Mitie Group acquires Spanish security firm Grupo Visegurity for up to €11M ($12.3M).
UK-based Mitie Group has acquired Spanish security firm Grupo Visegurity for up to €11 million ($12.3 million).
The deal involves an initial payment of €9 million and potential performance-linked payments of €2 million over two years.
Visegurity, based in Barcelona and employing 600 staff, offers various security services and reported €18 million in revenue for 2023.
The acquisition aims to enhance Mitie's service offerings in Spain.
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El Grupo Mitie del Reino Unido adquiere la empresa de seguridad española Grupo Visegurity por hasta 11 millones de euros ($12,3 millones).