10 October, 2024
Translink Corporate Finance in Spain advised Mitie Group plc (Mitie), a leading facilities management and professional services company, on the acquisition of Grupo Visegurity (Visegurity), a leading Spanish security business.
With its base in Barcelona, Visegurity has over 20 years of experience in security services, primarily focusing on manned guarding, alarm response and access control, alongside concierge, patrol and security systems services, supported by a 24/7 control centre.
Visegurity has a national operating licence and employs over 600 employees who will join Mitie’s team of 8,400 staff in Spain. The business has developed a strong reputation in both the public and private sectors and has a loyal customer base of national and regional customers across a wide range of sectors, including local government, healthcare, pharmaceuticals and telecoms.
José Luis García Hurtado, Managing Director at Mitie Spain, said, “This acquisition significantly enhances our service offering in Spain, adding national security expertise and a broad customer base, to complement our existing relationships. We see significant opportunities in the fragmented and growing Spanish FM market to drive organic and inorganic growth in our Spanish business over our new Facilities Transformation Three-Year Plan (FY25 – FY27). We are delighted to welcome the Visegurity team to Mitie.”
Pedro García Salayet, Managing Director at Grupo Visegurity, said, “Becoming part of the Mitie Group, and having access to their blue-chip customer base and their financial strength, will lead to greater opportunities to grow our security business in Spain. I am excited about what the coming years will bring.”
Narciso Marfa (Partner) and Josep Pere Gutierrez (Managing Partner) of Translink Corporate Finance, said “It has been a pleasure for Translink Corporate Finance to work with Mitie Spain and advise them on this transaction. This deal not only reflects our strong and ongoing relationship with Mitie, but also represents a key step in helping them strengthen their presence in Spain through the acquisition of Grupo Visegurity. We are delighted to have been part of this strategic process, reinforcing their position in the security market in our country.
Contact our Team Members advising in this transaction:
Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Translink Corporate Finance in the UK has seven offices in Birmingham, Edinburgh, Leeds, Leicester, London, Nottingham and Sheffield. The highly experienced team comprises of 30 M&A professionals, including ten partners has a successful track-record of completing domestic and international M&A transactions across a variety of sectors.
Translink Corporate Finance Spain is a leading Iberian M&A firm. With more than 100 years of combined experience, Translink’s five lead partners have successfully advised over 300 transactions in a variety of sectors including: packaging, IT, food, industry, logistics, agribusiness, pharmaceutical, and retail among others.