Founded in 1986, A P Securitas is a well-established security and facility management firm with a wide range of services, including guarding, event security, and housekeeping
Security and Intelligence Services (India) Limited (SIS), one of the nation’s largest providers of security services, has announced a significant acquisition, approving a deal to purchase 100 per cent of A P Securitas Private Limited. The transaction, which is set to consolidate SIS’s market leadership, will be completed in two tranches.
The board of SIS gave its approval on 5 September, signing a definitive agreement on the same day. The first phase of the acquisition involves SIS taking a 51 per cent majority stake in A P Securitas by November 2025. This will be followed by the acquisition of the remaining 49 per cent by 2029, with the final price for the full purchase to be determined at the close of the second tranche.
For the initial stake, SIS will pay an interim cash consideration of RS 73.40 crore, subject to adjustments for net debt and working capital.
Growing Presence in a Consolidating Market
Founded in 1986, A P Securitas is a well-established security and facility management firm with a wide range of services, including guarding, event security, and housekeeping. The company operates through its subsidiaries, Proton Facility Solutions and Scientific Security Management Services.
A P Securitas reported a strong financial performance in the last fiscal year, with unaudited revenue of ₹1,119 crore in FY25, up from ₹949 crore the previous year. The company employs over 37,500 people and serves more than 1,000 clients across key sectors like banking, logistics, and education.
“This acquisition will help SIS increase its market share in India’s security services industry,” the company stated in a disclosure.
The acquisition is a clear indicator of the deepening consolidation within India’s private security market. By absorbing A P Securitas’s operations and client base, SIS will further cement its position as a dominant force in the integrated business services sector. The company has scheduled a conference call with investors and analysts on 8 September to provide further details on the deal.
