Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Mergers and Acquisitions »
Open DEMAT Account in 24 hrs
 Govt may further sweeten Air India offer
 How India is becoming an unlikely Asian hotspot for mergers & acquisitions
 Notification No. 05/2020-Customs (ADD) Ministry Of Finance
 Deals of the day-Mergers and acquisitions March 6, 2020
 Deals of the day-Mergers and acquisitions March 2, 2020
 Mint Investment Summit - M&A in India: Challenges and opportunities
 Record Year 2019: Fintech Deals, Mergers and Acquisitions Study
 Deals of the day-Mergers and acquisitions February 28, 2020
 Deals of the day-Mergers and acquisitions February 4, 2020
 The mergers and acquisitions perspective
 Deals of the day-Mergers and acquisitions January 6, 2020

Mergers and acquisitions a key factor in increasing the number of B.C. employees at top security firms
January, 30th 2018

Over the last year, two of the province’s largest security companies, Paladin Security and Commissionaires, grew even larger through mergers and acquisitions (M&A).

Last March, Paladin Security acquired Concord Security Corp., which ranked fourth in number of employees (1,350) on Business in Vancouver’s Biggest Security Companies in B.C. list in 2017.

The acquisition increased Paladin’s employee count 46.9% in one year: to 3,893 in 2018 from 2,650 in 2017.

Paladin Security added 1,243 B.C. employees over the past year, 8% fewer than were previously employed by Concord.

In 2014, Commissionaires acquired two Vancouver Island security firms, Royal Victoria Security and CoVal Security. Since then, Commissionaires has increased its provincial employment 61.4% to 2,130 in 2018 from 1,320 in 2014.

Aside from the two largest security companies that increased staff numbers via M&A, the province’s other major security companies have had relatively stagnant provincial employment. The median employee growth for the top 20 security companies in B.C. was 0.7% in 2018 compared with 2017.

The largest one-year drop in employment was reported by Houle Electric Ltd., where the company’s provincial employment fell 8.8% to 874 in 2018 from 958 in 2017.

Paladin Security has had the largest five-year provincial employment growth. Its B.C. staff base has increased 81% since 2014.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting