sb-au logo
Story image

SIS announces a partnership with Platform 4

25 Mar 2019

An Auckland based security provider has attracted investment from globally recognised SIS Group via its Australian subsidiary, which includes MSS Security

Platform 4 Group (P4G) has been actively looking for a strategic partnering opportunity to support its growth strategy in New Zealand.

P4G is a provider of event services, patrols, monitoring and static guarding in the manufacturing, construction, hospitality, and commercial sectors throughout New Zealand.

P4G MD Aaron Colthurst says the deal is exciting news for the company’s 1,100 employees and over 500 customers.

“This new strategic partnership gives us the resources we need to support our planned growth and provide international expertise from a partner who shares our values and our focus on doing an exceptional job for our customers,” Colthurst said.

“Whilst SIS Group has acquired just over 50% shareholding in P4G, in a practical sense the existing operational structure will remain the same. 

“I will continue in my role of MD and it will be business as usual for our management team, with MSS and its parent SIS Group providing valuable financial and strategic support.”

“Alongside the financial support, there are many benefits of P4G being able to access MSS’s business intellectual property which support a wide range of industry sectors across Australia.

“We are now in the enviable position to seek out further bolt-on acquisition opportunities, as part of our overall growth strategy, in addition to our organic growth”.

“We are looking forward to a strong future in the New Zealand security industry with this global giant as our strategic partner,” Colthurst said.

Story image
Global attack volume down, but fraud and cyber threats still going strong
“The move to digital, for both businesses and consumers, has been significant. Yet with this change comes opportunity for exploitation. Fraudsters look for easy targets: whether government support packages, new lines of credit or media companies with fewer barriers to entry."More
Story image
Check Point acquires Odo Security to bolster remote security offering
The deal will integrate Odo’s remote access software with Check Point’s Inifinity architecture, bolstering the latter company’s remote security capabilities in a time where working and learning from home has become the norm, and looks to largely remain that way in the near future.More
Story image
The guide to digital security in unstable times
An increase in vulnerability across different sectors has meant that 2020 has seen more than its fair share of cybersecurity incidents. One of the most effective ways to combat the perils of today’s cyber-threats is to gain a better knowledge of the threat vectors looming over the heads of organisations. More
Story image
Ripple20 threat could affect 35% of all IT environments – ExtraHop
The vulnerabilities have the potential to ‘ripple’ through complex software supply chains, enabling attackers to steal data or execute code.More
Story image
The SASE triangle: How a CASB protects managed apps
Enterprises that fail to adapt to the modern business world when it comes to security are likely to fall prey to data breaches and experience a host of other problems, writes Bitglass product marketing manager Will Houcheime.More
Story image
Ping named identity solution Leader by ISG
Recognised for Identity & Access Management in the 2020 Provider Lens Cyber Security – Solutions & Services Quadrant Report Australia.More