TOPSGRUP announces strategic joint venture with Israeli security specialist SECUREGATE
JV to provide high-end security consultancy, technology and training to corporates and government
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-- TOPSGRUP, India's largest and most preferred security solutions brand, has announced a strategic joint venture with SECUREGATE, a global group providing world-class security processes, standards and technologies from Israel, founded by a team of top international security experts from the Israeli Security Services, El Al Airlines and the IDF Special Forces.
"Security is no longer being viewed as expenditure, but as a long-term investment... Post the 26/11 attack, the Indian security market is experiencing a transformation with customers now looking at security with a different view, demanding professional high-end security surveys, training and technology." Dr. Diwan RAHUL NANDA Global Chairman - TOPSGRUP
"This is a great opportunity for TOPSGRUP at a time when terrorism is of global concern. In line with our global growth aspirations, we are aggressively ramping up our portfolio. With this move, TOPSGRUP will be able to consolidate its TOTAL SECURITY SOLUTIONS positioning with the inclusion of high-end security consultancy, technology and training to its portfolio of services." Mr. RAMESH IYER Managing Director - TOPSGRUP, India
The joint venture, TOPS SECUREGATE is 51:49 percent JV with equal investment from each partner. With a stake of 51%, TOPSGRUP will be the majority partner. With this move, TOPSGRUP will enter an INR 92 billion niche market with a long-ranging 5-year business plan. The JV is expected to yield a turnover of INR 7,050 million over the 5-year period. The JV will leverage the infrastructure of TOPSGRUP in India and as and when required super-specialists from Israel will join the team. In due course of time, a specialized high -end training centre will also be set up.
"We bring in vast know-how, experience, expertise and different practices that have been designed, developed, and implemented by us for more than 30 years in all types of Homeland Security projects around the world." Mr. Aviv Shweky Founder & Managing Director - SECUREGATE
The JV will leverage SECUREGATE's unique TVRA (Threat identification, Vulnerability evaluation and Risk Analysis) methodology along with a proprietary intelligence mapping system to identify the real threats and loop-holes in protecting assets, infrastructures and sites.
Tailor-made solutions from TOPS SECUREGATE will include - Security Solutions Consultancy and Advice, Security Audits (Risk Assessment), Security Training to Corporate Sector, Security Training to various entities of the Government, including the Homeland Security agencies, Preparation of Security programs, planning and SOP (Standard Operating Procedures) including protocol, procedures and implementation, Advanced Security Technologies & Equipment.
"Our collaboration with TOPSGRUP will enable us to have access to one of the largest customer bases in India and work along with the most respected security brand in the security solutions space in India. On the other hand, TOPSGRUP will be able to leverage the first-mover advantage in this niche market." Mr. Offer Einav CEO - TOPS SECUREGATE
TOPS SECUREGATE is already creating headlines with many corporates and business houses that are showing keen interest in engaging its services. In addition, the company is in talks with the Indian government to initiate critical projects. Interestingly, post the 26/11 attacks, various Indian homeland security agencies visited Israel and met with SECUREGATE for understanding more about Israeli training and urban warfare processes, SECUREGATE's training institute and firing range and advanced weaponry and courses.
SECUREGATE brings in an array of holistic and proactive security solutions based on real-life experiences in combating terrorism for over 30 years. It brings the best-in-class know-how and expertise from Israel, the global knowledge hub of counter-terrorism. It is focusing on India for long-term business relations.
Through its leadership position and multiple innovations across the last four decades, TOPSGRUP has been suitably credited with the mantle of revolutionizing and changing the face of the Indian security industry, outpacing its competitors by a wide margin. Over the last three years, TOPSGRUP has grown at a CAGR of 45%, out-speeding the industry which is growing at a CAGR~22%. In 2008-09, TOPSGRUP crossed revenues of INR 8.76 billion and is poised to achieve revenues of INR 14 billion by 2010-11 through an effective combination of aggressive organic growth combined by strategic inorganic acquisitions within India and other countries around the globe.
Notes to Editor
TOPSGRUP is an ISO 9001:2008 certified conglomerate of 11 companies and 1 specialized division offering Total Security Solutions to over 8,000 clients in India and United Kingdom. TOPSGRUP's holistic range of Enterprise Risk Management Solutions include Manned Guarding, Investigations, Electronic Security Integration, Cash Management, Facility Management, Advanced Training & Consultancy and Emergency Response Services like TOPSLINE 1252 and Tops Air Rescue. TOPSGRUP, is India's largest security group and undisputedly, the most preferred security brand in the country employing around 90,000 trained and motivated multicultural employees. With an ambitious organic and inorganic growth plan, TOPSGRUP is poised to spread its operations to China, South East Asia, Middle East and the Americas in the coming years and is confident of being ranked amongst the top 10 global security leaders in the coming years.
TOPSGRUP is networked through 115 offices across the globe with its global headquarters in the financial capital of the world, London.
