2021-07-01

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Alders portfolio company Briab acquires Projsec

Projsec joins Briab

On June 28, Briab welcomed its new colleagues at Projsec, experts in physical security with operations in Sweden. Since its inception in 2002, Briab has grown organically from 8 employees to today's 140 and is a leader in fire protection engineering and risk management services under the promise "The right side of risk". Projsec is Briab's first acquisition after the investment fund Alder became the new main owner of Briab in November 2020.

"Our value proposition - to help our customers to get on the right side of risk - is now becoming even more comprehensive and relevant. Fire protection, risk management and physical safety are fundamental to safe and sustainable environments and take its starting point in the design and engineering of buildings and infrastructure. Projsec and Briab work in exactly the same way and the synergies and opportunities between the companies are almost too many to list"

says Briab's CEO Björn Wulff

Projsec and Briab have operations in about 10 locations in Sweden, from Gävle in the north to Malmö in the south.

"Briab feels like a completely natural buyer and partner for all of us at Projsec. The most important thing, however, is that it is seen as valuable for our customers and I am completely convinced that it does. Being able to offer competence and taking responsibility for a broader area around fire, risk and physical security is great and something our colleagues on the customer side ask for"

says Henrik Good, CEO and founder of Projsec

The companies have initiated an integration of operations and the companies will move into a new state-of-the-art head office at Södermalm, Stockholm in the beginning of 2022.

"We work with the same customer needs - safety, we work in the same market - buildings and infrastructure, and we work at the same stage in the projects - in design and planning. Finally, we face the same growth opportunities through digitalisation and sustainability. We are a perfect match and it will be incredibly exciting to grow together going forward"

Björn Wulff concludes

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About Projsec

Projsec is a security consultant in physical security well versed in the laws, rules, standards, norms and regulations required by authorities and insurance companies as well as other claimants. Projsec works independently of suppliers and with active external monitoring of trends in solutions and requirements. The company has 25 employees and is represented in Stockholm, Örebro, Karlshamn and Malmö.

Read more at projsec.se

About Briab

Briab offers services and products in risk management. Briab's origin is in fire protection and is today supplemented by MEP, R&D, Property Risk Management and risk management in industrial and in community planning. Briab currently has 140 employees and offices in 7 locations around Sweden.

Read more at briab.se