Verisure Sàrl

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Verisure Sàrl - overview

Established

1988

Location

Versoix, -, Switzerland

Primary Industry

Consumer Services

About

Based in Switzerland, Verisure Sàrl specializes in monitored security services for families and small businesses, utilizing advanced technology to ensure safety and responsiveness. Founded in 1988 in Versoix, Switzerland, Verisure Sàrl offers professional security solutions through a global presence. The company has successfully completed 5 deals, with their most recent being a Secondary Buyout of EUR 2,500. 00 mn on July 5, 2024, involving investors like Hellman & Friedman.


The CEO team includes Anthony Loizeau, Austin Lally, and Jose Vasconcellos, who has previously been involved in founding other ventures. Verisure specializes in providing professionally monitored security services tailored for families and small businesses, leveraging cutting-edge technology to enhance safety and security. Their core product offerings include advanced alarm systems that integrate various detection devices such as shock sensors, video/photo detectors, and a LockGuard mechanism designed to protect entry points. These services are supported by a 24/7 monitoring center that ensures rapid response to security breaches, fire threats, and health emergencies.


Verisure operates in 17 countries across Europe and Latin America, serving over 5. 6 million customers who rely on their solutions for peace of mind. The company’s commitment to innovation and customer-centricity is reflected in its award-winning technology, which is designed to deter intruders effectively while providing a seamless user experience. Verisure's revenue model is primarily subscription-based, where clients pay for ongoing monitoring and maintenance of their security systems.


Customers typically engage in a contract that includes installation fees followed by monthly subscriptions for real-time monitoring services. This structure allows for a steady stream of revenue as clients rely on the company’s expertise for their security needs. Specific pricing plans vary based on the complexity of installations and the level of monitoring services selected, with some flagship offerings incorporating advanced verification technologies like AI auto-verification. By providing tailored solutions to both residential and commercial clients, Verisure ensures a comprehensive approach to security that fosters long-term customer relationships and consistent revenue generation.


In July 2024, CIC Private Debt provided a EUR 2. 67 million senior term loan to Verisure Sàrl to support their growth initiatives. The company plans to enhance its product line with new security technologies scheduled for release in the coming year. Additionally, Verisure is targeting expansion into new markets in Asia and North America by 2025, aiming to leverage its successful business model to reach a broader customer base.


Current Investors

Hellman & Friedman, Bain Capital

Primary Industry

Consumer Services

Sub Industries

Security Services, Home Repair Services, Electronics, Hardware

Website

www.verisure.com

Verticals

IoT (Internet of Things), Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Verisure Sàrl - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedADT Private Security Services de México, SA de CV-
Private DebtCompletedVerisure Sàrl-
LP Direct, Trade SaleCompletedVerisure Sàrl-
Add-onCompletedDraht+Schutz Sicherheitstechnik GmbH-
Secondary BuyoutCompletedVerisure Sàrl-

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Verisure Sàrl - employee data

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