Secutel Technologies (Pty) Ltd
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Secutel Technologies (Pty) Ltd - overview
Established
2006
Location
Johannesburg, Gauteng, South Africa
Primary Industry
IT Security/Cybersecurity
About
Founded in 2006 by Carel Brink and Danny Pringle, and based in Johannesburg, South Africa, Secutel Technologies (Pty) Ltd operates as a provider of security technologies for organizations such as banks, security services providers, wholesalers, retailers, manufacturers, schools, and universities. In May 2020, Medu Capital acquired a 51% majority stake in Secutel Technologies (Pty) Ltd. The company provides security technology systems for enterprises including Secutel NoKey, which is a cloud-based access management platform that provides employees with mobile access credentials to authenticate with biometrics and gain access control; SecuVue which is a cloud-based platform that provides visual verification for facial recognition by collecting images from ordinary cameras and for license plate recognition; Visual verifier for intruder detection; and Secutraq for workforce tracking and management for use by security command centres and control rooms.
Current Investors
Medu Capital
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software
Website
www.secutel.co.za
Verticals
Cloud Computing, Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Secutel Technologies (Pty) Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Secutel Technologies (Pty) Ltd | - |
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