European Security Leader Prosegur Acquires Viewpoint, a Remote Video Monitoring Company
Madrid, Spain-based Prosegur announced today that it acquired Viewpoint, a Lowell, Mass.-based remote video monitoring company specializing in intelligent, video-voice security solutions and technology-centric security solutions.
Prosegur is a global leader in the private security sector, the company states. Across its three business lines — Prosegur Security, Prosegur Cash and Prosegur Alarms — Prosegur provides companies and households with reliable security services using the most advanced market solutions.
Javier Tabernero, Prosegur Security managing director, stated that “Prosegur Security has launched a technological transformation to improve our value proposition to clients. In this context, Viewpoint represents an ideal match for us as the company has developed a cutting-edge monitoring system that delivers immense value to its customers.”
Founded more than 10 years ago, Viewpoint has pioneered video-voice security technology and serves clients in multiple industries. In addition to partnering with retail and commercial operators, Viewpoint also works with traditional guarding firms, helping them to augment their security solutions utilizing a unique blend of cutting-edge technologies backed up by customer-focused professionals.
“When presented with the chance to leverage our technology services and grow within the U.S. in a major way by joining with Prosegur, my team and I knew it was far too good of an opportunity to pass up,” said Viewpoint CEO Brad Gordon. Tabernero added that, “Brad and his team have done a remarkable job developing Viewpoint’s service offerings over the past 10 years. We genuinely look forward to fully incorporating the Viewpoint staff into the Prosegur family.”
Prosegur, founded in Spain in 1976, has grown into a major multinational with a presence in 24 countries on five continents. The company said it is the fourth largest global player in the private security industry by revenue. Prosegur Security, the business unit providing integrated security solutions, offers a high added-value proposition that combines physical surveillance with the latest advances in technology and analytics.
As part of the group’s strategy, Prosegur is undergoing an extensive digital transformation, intensifying the use of new technologies across all of its business lines. These initiatives allow for differentiation based on the quality of the services that Prosegur offers and demonstrate its commitment to pursuing innovation and excellence. Prosegur and Viewpoint share a firm belief in the transformative power of technology to enhance security solutions and deliver greater value to customers.
With a global presence, Prosegur reported sales of 4.291 billion euros in 2017 and is listed on the Madrid and Barcelona stock exchanges under the ticker code PSG, currently having a team of more than 175,000 employees. The company directs its social action through the Prosegur Foundation, which, with more than 39,900 beneficiaries in 2017, works on four focal points: education, employment inclusion of people with intellectual disabilities, corporate volunteering and cultural development. For more information, visit www.prosegur.com.