The acquisition is The SmartWater Group’s first, following Freshstream’s investment in March 2021, which allowed the Group to target new sectors and to develop its services to meet the important security needs of a diverse set of customers across new geographies.
TSH, which operates as BetaGuard in Europe and as Tag Guard in the UK, specialises in site intruder detection and access control products and services that are often deployed alongside the SmartWater Group’s existing portfolio. Under the terms of the agreement it will continue to serve its customers as distinct brands within the expanded SmartWater Group.
The partnership significantly enhances the SmartWater Group’s ability to fulfil immediate demand for its solutions within the EU, most notably the Netherlands, Germany and Belgium. Furthermore, the efficiencies and economies of scale enabled by the acquisition will enable BetaGuard and Tag Guard to further enhance their service and product capacity.
Phil Cleary, CEO of the SmartWater Group said, “This acquisition marks a significant milestone as it establishes a strong foothold for the SmartWater Group in mainland Europe. We extend a warm welcome to our new colleagues as we continue to drive the business forward both in the UK and internationally.”
Martin Berends, Managing Director of TSH, added, “Given the synergies and market potential we’ve found a natural home within the SmartWater Group. We’re excited by the opportunity to provide an even broader span of technologies that deter crime and maximise the chances of a successful criminal prosecution.”
Jiri Taecke, Principal at Freshstream concluded, “We welcome BetaGuard and Tag Systems into the SmartWater Group family. Their combination is an exciting strategic coupling in the mobile security systems market. It offers each of the companies’ client base access to a broader scope of differentiated technologies and best in class service and support, as well as significantly expanding the geographic reach as a combined group.”
The SmartWater Group 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.
Working in partnership with the police, trade associations and clients, we have unique access to closed source data and, using our proprietary ODIN™ crime data portal, can predict the movement of Organised Crime Gangs (OCG). This enables us to provide ‘early alerts’ of increased security threats, allowing our clients to target their security resources in a more efficient manner.
If the OCG transits across a region, the security risk will shift also, so we are uniquely positioned to be able to offer Clients a range of temporary security measures – all proven, powerful crime deterrents.
Say Communications for SmartWater Group