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Adam Bannister is a contributor to IFSEC Global, having been in the role of Editor from 2014 through to November 2019. Adam also had stints as a journalist at cybersecurity publication, The Daily Swig, and as Managing Editor at Dynamis Online Media Group.
Security services firm Kingdom has signed a definitive agreement to acquire manned guarding specialists Sunwin Managed Security from Cardtronics Inc, the world’s largest ATM operator.
Terms of the deal, which sees Kingdom take control of a brand with some 640 security professionals on its roster, were not disclosed.
Cardtronics will continue to operate other elements of Cardtronics’ Sunwin Services Group such as secure cash logistics and ATM maintenance.
Established in 1993 with just seven security officers Kingdom now offers services including mobile patrol, alarm response and environmental protection.
“We are very excited about the opportunities this acquisition brings to our business,” says Kingdom’s managing director, Terry Barton. “Sunwin has a fantastic customer base, operational structure and service delivery model.
“This acquisition represents the continued desire for Kingdom to increase significantly its national market share.”
Says Jonathan Simpson-Dent, managing director of Cardtronics Europe: “Kingdom is an ideal home for Sunwin’s manned guarding services business and we believe Sunwin Managed Security’s clients will benefit from Kingdom’s decades of experience and specialisation in risk, loss and security services.”
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