Acquired companies
Mergers and acquisitions is a key part of our growth strategy. Our origin is in the largest Nordic telecoms and security companies, but it is through innovation and visionary mergers with leading companies across Europe, that we have become the company we are today.
The beginning
AddSecure has developed and marketed secure critical communications solutions since the early 1970s. With our origins in the largest Nordic telecoms and security companies, we have unique knowledge and competence within secure critical communications and data. AddSecure as it is known today is the result of the merger between Multicom Security and Safetel in 2014 and the subsequent rebranding of the merged businesses to “AddSecure” in 2015.
Smart Grid Networks
In 2016, the acquisition of the Swedish company Smart Grid Networks marks the start of AddSecure’s acquisition spree. Smart Grid Networks, providing solutions for network automation and digitization for more efficient utilization of produced electricity, is rebranded AddSecure in 2018.
Read the press release about the acquisition (in Swedish)
Chiron Security Communications
In 2017, AddSecure acquires the British technology and security company Chiron Security Communications. A global provider of IP-based alarm communication, and thus AddSecure takes a major step forward towards its goal of becoming Europe’s leading player in secure critical communications. Chiron Security Communications is rebranded AddSecure in 2018.
Read the press release about the acquisition
Contal Security
The same year, in 2017, AddSecure is strengthening its Nordic presence further by acquiring Contal Security, a leading Swedish supplier of solutions for digital in and outward alarm transmission, integrated security systems. In 2019, Contal Security is rebranded, and its services offered under the name AddSecure Smart Rescue.
Read the press release about the acquisition
Prevent 360 carve out
Next up in 2017, is the alarm communications business of Finnish Prevent 360. With the carve out of Prevent 360 a new entity, AddSecure Oy, was established.
Read the press release about the acquisition
Vehco
In May 2018, AddSecure announces the strategic acquisition of leading European Fleet Management specialist Vehco to support continued expansion and IoT growth plans. The acquisition strengthens AddSecure’s position as a leading international provider of secure critical communications. Vehco is rebranded to AddSecure in May 2020.
Read the press release about the acquisition
Groeneveld ICT
Just three months after the signed deal with Vehco, AddSecure as the new owner, supports Vehco in the company’s long-term growth strategy through the acquisition of Groeneveld ICT Solutions, the leading Dutch Fleet Management provider. This move strengthens the company’s overall competitiveness and services in Europe.
Read the press release about the acquisition
Paetronics Oy
AddSecure-owned Vehco acquires Finland’s leading Fleet Management company, Paetronics Oy, in January 2019, to strengthen its Nordic footprint. At the same time, AddSecure further strengthens its position in Finland, after having established AddSecure Oy earlier in 2018.
Read the press release about the acquisition
Offentlig Säkerhet
In June 2019, AddSecure announces the acquisition of Offentlig Säkerhet, a leading Swedish provider of tailored security and safety solutions to the public sector. Through the acquisition, AddSecure secures growth and broadens its Smart Rescue offering targeted towards organizations, municipalities, and industries. Offentlig Säkerhet is rebranded AddSecure in December 2019.
Read the press release about the acquisition
Teleservice Radiokom
In September AddSecure acquires Swedish Teleservice Radiokom to further strengthen its offering within the Smart Rescue business area. Teleservice Radiokom’s excellence in radio communication and indoor coverage is a particularly important complement.
Read the press release about the acquisition
frameLOGIC
The same month, June 2019, frameLOGIC, Poland’s leading Fleet and Transport Management company, is acquired through AddSecure-owned FMS provider Vehco. Through this acquisition AddSecure strengthens its European footprint, and further realizes its strategy of becoming the leading provider of Fleet Management and Transport Management Systems in Europe. FrameLOGIC is rebranded AddSecure in March 2021.
Read the press release about the acquisition
Stella Safety Phone business
The year ends (December 2019) with the acquisition of the market leader in telecare services in Finland, Stella Safety Phone business, from Stella Kotipalvelut Oy. Through the acquisition, AddSecure enters the growing telecare market with a new offering: Smart Care.
Read the press release about the acquisition
Connexas
With the strategic acquisition of Connexas Group in the UK in May 2020, AddSecure establishes a presence for transport and logistics, in the strategically important UK market. Further realizing its strategy of becoming a leading provider of Fleet and Transport Management solutions across Europe.
Connexas is rebranded AddSecure in March 2021.
Read the press release about the acquisition
Navkonzept
In July 2020, AddSecure continues its geographic expansion with the acquisition of Navkonzept GmbH, a well-known German aftermarket telematics supplier of Fleet Management solutions. Through the acquisition, AddSecure reinforces its position in the Transport and Logistics market in Germany. Navkonzept is rebranded AddSecure in April 2021.
Read the press release about the acquisition
iZafe 
July 2020, also sees the acquisition of Swedish iZafe AB from iZafe Group. Through the deal, AddSecure strengthens its Smart Rescue offering further and becomes a leader in Sweden in personal safety and solutions for lone workers.
Read the press release about the acquisition
Telia’s Alerta business 
In September 2020, AddSecure signs an agreement to acquire Telia’s Alerta business from Telia Finland. The Alerta offering comprises solutions that enable secure alarm transmission and remote management of multiple systems targeted at the public sector and private companies. The transaction has a strategic value as it establishes AddSecure as the leading provider in the alarm transmission market in Finland.
Read the press release about the acquisition
Dualtech IT
The same month, in September 2020, AddSecure also confirms the acquisition of Swedish Dualtech IT, a leading supplier of secure IP based alarm communication terminals and innovative services, to strengthen its Smart Alarms’ portfolio, expertise, and market coverage in Europe. Dualtech is rebranded AddSecure in October 2021.
Read the press release about the acquisition
RTL Telematics
In November 2020, AddSecure acquires UK-based RTL Telematics through its Smart Transport UK company, Connexas. RTL’s strong technical offering of solutions for hazardous goods and advanced vehicle cameras, is of particular importance to AddSecure and will be rolled out across the wider Smart Transport customer base. RTL Telematics is rebranded AddSecure in June 2021.
Read the press release about the acquisition
International Security Group GmbH
The year 2020, ends with AddSecure entering the video surveillance market with the acquisition of International Security Group GmbH, a leading German innovator in technology-driven video Surveillance-as-a-Service. ISG offers a comprehensive portfolio of mobile video surveillance solutions marketed as Video Guard to customers within industries such as construction, logistics, and infrastructure.
Read the press release about the acquisition
LOSTnFOUND
In November 2021, AddSecure announces the acquisition of LOSTnFOUND, a Swiss-based provider of location tracking and fleet management solutions. Through the acquisition AddSecure expands its footprint into Switzerland and Austria, and further strengthens its market leading position within transport and logistics in the DACH region. Customers across Europe will benefit from a broader offering of telematics, location tracking, and fleet management solutions, whilst AddSecure strengthens its position as a leading European IoT provider.
Read the press release about the acquisition
Lunds ProgramArkitekter
In June 2022, AddSecure announces the acquisition of Lund’s ProgramArkitekter AB (LPA), a Swedish company that develops and sells IT systems. With LPA’s advanced software services specially adapted to the needs of rescue services, both when it comes to operational and administrative work, AddSecure complements its Smart Rescue offering and broadens its portfolio to the Swedish rescue services and municipalities.
Lund’s ProgramArkitekter AB is rebranded AddSecure in November 2023.
Read the press release about the acquisition
Clifford Group
In September 2023, AddSecure acquires Clifford Group, a leading telematics company providing advanced mobile security and connected mobility solutions in the Benelux. The acquisition marks the entrance into a new IoT vertical, connected mobility, and the establishment of a new business unit, Smart Mobility.
Clifford Group operates under the integrated brands Clifford, Traxgo and Faringwell.
Read the press release about the acquisition
DigiComm Group
In November 2023, AddSecure announces the acquisition of DigiComm Group, a leading German provider of solutions for critical infrastructure. The acquisition includes the three companies: DigiComm GmbH, Temeno GmbH, and Insert IT GmbH. Through the acquisition AddSecure expands its footprint in the DACH region and gains access to a wide range of critical infrastructure expertise and offerings, as well as enters a new application area, smart waste management.
Read the press release about the acquisition
Locally we also operate under these brand names:
In the Benelux, we provide under the Clifford brand, a range of vehicle security solutions (preventive to reduce theft and reactive to increase recovery rate).
In Germany we operate under the DigiComm brand providing secure communications technology and secure data transfer for protecting critical infrastructure.
In the Netherlands, we provide under the Faringwell brand, a range of stolen vehicle recovery systems tailored to high-end vehicle customers.
In Australia we operate under the Fleet Seek brand, providing advanced tracking, monitoring and reporting systems together with sophisticated management tools.
In the DACH countries we provide fully integrated ERP system software for waste management and city cleaning under the Insert IT brand.
In North America we operate under the Isotrak brand, providing a series of fleet management solutions.
In Switzerland and Austria we operate under the LOSTnFOUND brand, providing location tracking and fleet management solutions.
In Germany we offer digital alert and crisis management solutions under the Temeno brand.
In the Benelux, we provide under the Traxgo brand, tailored fleet management solutions to fleet owners, rental and leasing companies.
In Germany we also operate under the Video Guard brand, offering a comprehensive portfolio of mobile video surveillance solutions.
Contact
If you have an inquiry or want to learn more about our mergers and acquisitions, please contact us.
Rasmus Pedersen
Chief Financial Officer
[email protected]
Phone: +46 10 184 7000