Garda World Security Corporation has entered into an agreement and plan of merger to acquire the business of Stealth Monitoring, a provider of commercial mobile and fixed video monitoring security solutions.

According to GardaWorld, the acquisition of Stealth Monitoring will unite the complementary strengths and industry-leading technologies of both companies, significantly elevating the value and scope of customer offerings.

“With decades of experience in mobile and fixed video monitoring, we see Stealth Monitoring as a highly complementary business to our existing global champion businesses and as an opportunity to establish an unrivaled North American leadership in mobile and fixed video monitoring,” said Stephan Crétier, Founder, President and CEO of GardaWorld.

“We look forward to teaming up with the ambitious experts and operators at Stealth Monitoring who share our entrepreneurial, growth-oriented mindset, laser focus on value creation and desire to innovate and reshape industries.”

Commercial video

“We have a longstanding dedication to advancing the state of commercial video monitoring across North America through a commitment to customer experience and the development of cutting-edge technology,” said Max Baigelman, CEO of Stealth Monitoring.

Stealth Monitoring has approximately 2,000 employees across more than 40 offices and eight state-of-the-art video monitoring centers.

“Our goal has always been to anticipate our client needs and continuously deliver the right solutions,” added Erik Mikkelsen, President and CRO, Stealth Monitoring.

“GardaWorld shares our winning mindset and an incredible track record for elevating companies and operations in the security industry to the next level of growth and value creation.

“We’re looking forward to joining forces to continue Stealth’s expansion.”

The transaction is expected to close in the fourth quarter of 2024, subject to customary regulatory approvals and closing conditions.