Security Systems Company in Portugal

Industry Overview

The video surveillance industry in Portugal has grown rapidly. Video surveillance is used not only for security and prevention of vandalism and theft, but also to collect and provide data that allows for more effective management of traffic within cities, as well as areas of restricted access.
However, the use of video surveillance has raised some issues. For example, the outskirts of metropolitan centers, mostly occupied by non-white bodies, have been stigmatized as being pointed out as dangerous areas. The authorities have resorted to fixed cameras, drones and bodycams to monitor these areas.
According to the National Data Protection Commission (CNPD), there are more than 80 thousand legal video surveillance systems operating in Portugal. In addition, there are more than five thousand video surveillance cameras in Portugal that can be accessed and viewed without any type of authentication.
In summary, the video surveillance industry in Portugal is growing.

Location

North of Portugal

Business Description

Its video surveillance systems allow its customers to view their cameras and their recordings through an application that is easy to manage and use. With access to a WiFi network or via mobile data, camera images are accessible anywhere and at any time, in order to keep customers informed about everything surrounding the installation site.
They have a strong customer base and a long history with the company.

Financial Summary

• EBITDA margin and average net profit of 18.9% and 15.0%, respectively
• Average annual sales growth for the last four years of 20.6%
• Minimum CAPEX needs since most of the investment in fixed assets has already been made.
• Stable working capital needs, the company operates with a minimum investment in working capital equivalent to 95 days of cash conversion cycle.
• Company sold with around 111 thousand euros of debt and 111 thousand euros of cash and bank resources

Transaction Information

Full sale