Prosegur Seguridad

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Prosegur Seguridad - overview

Location

Madrid, -, Spain

Primary Industry

IT Security/Cybersecurity

About

Prosegur Seguridad is a leading provider of integrated security solutions, utilizing technology and skilled personnel to offer comprehensive security services tailored to diverse client needs across the globe. Founded by Alberto Benbunan, Prosegur Seguridad operates out of Madrid, Spain, specializing in security solutions that encompass both physical and digital domains. Over the years, the company has expanded its operations significantly and now serves clients in 36 countries, establishing a robust international presence. Prosegur specializes in innovative security solutions that integrate people, technology, and data to address various security needs across diverse industries.


The company’s core offerings include Hybrid Security, combining human operatives and advanced technology for adaptable security solutions. Additionally, Prosegur provides cash management services, including logistics, cash automation, and ATM management for financial institutions and businesses. Its Cipher division focuses on cybersecurity solutions designed to enhance digital security protocols for clients. Prosegur’s global operations cover markets in Europe, Latin America, and Asia, serving both private and public sector entities.


In the most recent year, Prosegur reported a revenue of USD 22. 39 mn and an EBITDA of USD 435. 12 mn, deriving income from long-term service contracts that include subscription-based agreements and transactional fees for its comprehensive security services. Prosegur Seguridad aims to expand its market presence by targeting new geographic regions and industries, focusing on areas with growing security needs.


The company plans to launch new products that enhance its existing security solutions, although specific release dates have not been detailed. Recent funding will be allocated to support these initiatives and bolster its research and development efforts, ensuring the company remains at the forefront of security technology. The details of how this funding will be utilized reflect Prosegur’s commitment to continuous improvement and expansion in the global market.


Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Security/Cybersecurity

Website

www.prosegur.com

Total Amount Raised

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Prosegur Seguridad - timeline of key events

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Prosegur Seguridad - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)156,149,000146,744,000872,897,000130,653,000---
% Revenue Growth (YoY)-(6.0%)494.8%(85.0%)---
EBITDA (USD)96,333,00067,793,000854,838,000120,209,000---
Operating Income (USD)85,349,00060,098,000851,589,000115,565,000---
Operating Margin54.7%41.0%97.6%88.5%---
% EBITDA Margin61.7%46.2%97.9%92.0%---
NET Income (USD)68,925,000(7,037,000)830,334,000102,985,000---
% Net Margin44.1%(4.8%)95.1%78.8%---

Prosegur Seguridad - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedSecurlog-

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Prosegur Seguridad - employee data

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Prosegur Seguridad - key contacts

NamePositionStart DateEnd DateVcardBio 
Independent Board MemberBM

BM Board Member

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