Stage
Merger | MergedAbout Safetel
Safetel is Scandinavia's supplier of secure alarm transmission services. The solutions have been approved both for Security (Intruder alarm transmission) and Safety (fire alarm transmission). Safetel is located in Oslo and Stockholm.
Safetel Headquarter Location
Postboks 6715 Etterstad
Oslo, NO-0609,
Norway
11 33 700
Latest Safetel News
Jun 16, 2016
VENDOR: Viking Venture, GMT Communications Partners, B Skaugen Private Equity, Follum Invest The exit comes two years after AddSecure was formed through the merger of Norwegian companies Safetel and Securinet with GMT-owned Swedish business Multicom Security. Previous funding Viking backed Safetel, which would eventually form AddSecure, in 2003 when it invested alongside B Skaugen and Follum. GMT acquired Mulitcom Security in May 2005, investing €60m to back the company's MBO. Company AddSecure is a Nordic Internet-of-Things business providing communications services for security products such as home security alarms. Headquartered in Stockholm, the company has four additional offices in Denmark, Sweden and Norway, employing 130 people in total. In 2015, AddSecure presented revenues of NOK 376m with NOK 124m of EBITDA. People Viking Venture – Jostein Vik (partner). Abry Partners – Rob Nicewicz (principal). Advisers Company – Arma Partners (corporate finance). Tweet
Where is Safetel's headquarters?
Safetel's headquarters is located at Postboks 6715 Etterstad, Oslo.
What is Safetel's latest funding round?
Safetel's latest funding round is Merger.
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