Sicura Systems has announced it has undergone a management buyout in conjunction with Access Control Technology (ACT), the Dublin based manufacturer of access control products. This follows the demise of Sicura Systems’s parent company, Vital Services Group.
Founded in 2005, Sicura Systems has developed a niche reputation for supplying mission critical security systems to an impressive portfolio of customers, including Formula 1, Network Rail, tunnel operators, and more. Furthermore, the launch of its own hardware and software products, including network video recorder VIQUEST and the DIGI range of software, has seen the company establish a global network of distribution partners.
Vincenzo Roberti, Managing Director of Sicura Systems commented “We are delighted and relieved that we managed to put in place a new ownership structure so quickly following the demise of our parent company. This has minimised disruption to our operations and customer base. We chose to partner with ACT due to the complementary nature of our product portfolio and because we were already successfully collaborating with them on a cloud based product.”
Formed in the mid 1990s, ACT has enjoyed rapid growth and has expanded from its core access control and door technology business into new divisions such as ACTcloud, ACTenterprise and ACTpro eLock. Shay Moran, Executive Chairman of ACT commented “We are excited to be formalising our partnership with Sicura Systems and having a UK base in our largest market Like us, they have a strong focus on R&D and we are looking forward to our development teams jointly working together to conceive and develop game changing technology that will revolutionise the security industry.”