DLA Piper advised Garda Group and KIBO Sikring on the acquisition of Elsec

Elsec was founded in 2003 in Hvidovre, Denmark, by Frank Eriksen. The company is an experienced electrical and security provider that focuses on creating customized solutions for Danish companies and public institutions.

Garda Group is a Norwegian-based deliverer and installer of permanent and temporary perimeter security solutions and has also recently acquired A/H Låsemontage in September 2024. Garda Group is active in Norway, Finland, Denmark, Sweden, and Germany and has approx. 2,000 employees.

On 31 October 2024, the owners of Elsec completed the transaction with Kibo Sikring, so the Garda Group can now offer an even wider product range and strengthen its position as a 360-degree provider of security solutions throughout Denmark.  

A DLA Piper team consisting of Karsten Pedersen, Andreas Egeblad Arendt, and Sara Schjørring has advised Garda Group and KIBO Sikring on the transaction. Thanks to Eigil Botten, Jimmy Fredrik Norberg, and Lars Kramer for trusting us with the transaction, as well as to Jan Hove and Frederik Berg Krodal from KPMG and Anders Hagstrøm, Ida Schier Sidenius and Søren Agerboe Mortensen from Bech-Bruun for a professional process.

Read the press release from Kibo Sikring here.