Safety sector is on fire — Private credit can't get enough of security and surveillance deals
- Synne Johnsson
A wave of security and surveillance firms has washed over the private credit market lately, with several recent sale processes attracting interest.
Over the last 14 months, 9fin has tracked more than 15 safety and security companies changing hands, or seeking debt.
These companies provide services like surveillance cameras, smoke detectors, electrical safety measures, to name a few. And this is exactly the type of product the market yearns for: essential, non-cyclical, and maintenance-based.