Axitea is the leading provider of armed security services and electronic surveillance systems in the Italian market. The company operates in armed guarding, patrolling, alarm monitoring, cash handling, satellite tele-security and integrated security systems with approximately 2,100 armed guards, 800 vehicles and 4 monitoring centres.
The Italian market is under penetrated compared to the rest of Europe, has significant growth potential and is expected to consolidate in the medium term. Regulatory changes are providing significant value creation opportunities through cost efficiencies and growth in market share. In 2009 the company acquired MegaItalia, the leading integrated security systems company.
Security (Services and Systems)
Country:Italy
CEOFrancesco Simonelli
CFOAlessandra Piccinino
Revenues:€190m
SSCP Board Members:Stefano Bonfiglio and Bolaji Odunsi
Investment Date:May 2008
Value Creation:
Penetration of new markets
Synergistic acquisitions
Process re-engineering