AUGUST 23, 2019 – Yellow Point Equity Partners (“Yellow Point”) is pleased to announce the closing of an investment in Securiguard Services Limited (“Securiguard” or the “Company”), a Vancouver-based provider of uniformed guard and related security services.
Founded in 1974, Securiguard has become a market leader in security services in western Canada with over 2,200 security officers deployed across British Columbia and Alberta. The Company specializes in corporate and industrial security with customers spanning the aviation, marine port, government, industrial and real estate sectors. Securiguard is also the largest provider of canine-based security in western Canada, with over 40 canine handler teams providing specialized security services to the cruise ship, ferry and cargo industries.
“We are pleased to welcome Yellow Point as Securiguard’s new partner,” Securiguard CEO Darcy Kernaghan said. “Given their deep connections across western Canada, as well as their network of value-add advisors, we anticipate that Yellow Point’s involvement will facilitate our continued enhancement of the Securiguard value proposition.”
Brian Begert, Managing Partner of Yellow Point said, “we have long been impressed by Darcy and Securiguard’s management team in establishing a leading position in the western Canadian security market through superior customer service and an exceptional corporate culture. We look forward to working with Darcy and his team to augment Securiguard’s ability to provide outstanding service and value to our customers and other stakeholders.”
This was Yellow Point’s sixth investment in its fourth fund, which had its final close in late 2015.
About Yellow Point
Yellow Point Equity Partners has been actively helping its management partners build better businesses for over 15 years. The firm invests in outstanding management teams of later-stage growth companies based primarily in western Canada and aims to be the long-term partner of choice for Canada’s leading mid-market companies. Yellow Point’s approach is supportive, hands-off with respect to day-to-day operations and active when it comes to strategic decisions and board work.
For more information, please contact us or visit www.ypoint.ca.