Synch has successfully guided Transfer Group AB (publ) in the sale of its wholly-owned subsidiary Commuter Security Group AB to BG Holding AB. The advisory team was our legal experts Carl-Adam Drakenberg, Stefan Rakovic, and Clara Löfgren.
TransferGroup, a Swedish company listed on NGM Nordic SME, operates in the security and surveillance sector. Through its subsidiaries, it offers a comprehensive range of physical and digital security solutions.
The sale of Commuter Security Group aligns with a long-term strategic partnership between Transfer Group and BG Holding. Under this partnership, Transfer Group’s wholly owned subsidiary, Amigo Systems AB (former Transfer Security Sweden AB), will supply BG Holding and its group with high-quality technology products and services.
The collaboration is expected to strengthen BG Holding’s range of services and establish a significant revenue stream for Transfer Group.
“Completing the sale of the subsidiary marks a significant milestone for Transfer Group.It enables a stronger focus on our core operations and provides us with the resources to intensify our efforts towards creating long-term profitability and growth,” says Mats Holmberg, CEO of Transfer Group.
Synch stands at the forefront of legal services for the digital business and technology sectors. We offer a flexible delivery model that integrates digital services into our portfolio of advisory services, projects & transactional services, and managed services. Our Projects & Transactions group specializes in private and public M&A, venture capital investments, and financing.