Carlsquare advised SmartGuard, the number one provider of temporary site security solutions in Denmark, on its sale to DeterTech

Carlsquare’s 28th business services transaction in the past 24 months

SmartGuard, the market-leading technology-enabled provider of temporary site security solutions in Denmark, has been acquired by DeterTech, formerly known as The SmartWater Group.

Based on a rental model, SmartGuard has since 2006 supplied customers with temporary, preventive, and value creating security as a service solution. Through superior technical know-how, high quality hardware, and interconnected equipment, SmartGuard’ solutions generate an industry low number of false alarms, resulting in reduced costs and swift response times for customers.

DeterTech is an award-winning risk management company that uses proprietary technology-based solutions to deliver material cost savings for clients operating nationally in the infrastructure, construction, vacant property, and other sectors, across a range of security products and services, thereby providing greater peace of mind.

With operations in the UK and mainland Europe, DeterTech works with hundreds of clients spanning critical infrastructure, construction, retail, leisure and hospitality, transportation, and industry. Its close working relationships with local law enforcement, and full portfolio of expert, innovative and intelligence-led solutions, ensure it can help clients to better understand their risks and select the most appropriate solutions to mitigate them.

“We are very pleased to have found a partner in Detertech that got an underlying understanding of the ecosystem that we operate within. We are convinced that Detertech is the right strategic partner for our next growth phase, as we see great synergies between our business models and, we are looking forward to expanding our services further in the Nordics based on our joint product offering.“ – Casper Wilken, CEO & Founder

„A special thanks to the Carlsquare team for guiding me through the sometimes choppy waters of M&A and making sure we reached the best possible starting point for the next phase of the journey.“

It is a great match, that will provide the founder with a strong partner for the continued growth in the Nordics.

Carlsquare acted as the exclusive financial advisor to SmartGuard.