RE: RNS8 Mar 2023 10:41
The more the merrier
Capita plc (‘Capita’) today announces that it has agreed to sell Security Watchdog, the pre-and post-employment screening solutions provider to Matrix, which is owned by Bridgepoint Development Capital, part of Bridgepoint Group Plc for an enterprise value of £14m on a cash free, debt free basis.
Security Watchdog is the UK industry leader of digitalised, smart pre-and post-employment screening solutions, the largest EMEA supplier of background checks and a trusted partner to clients across the globe.
The reported revenue and profit before tax of Security Watchdog for the year to 31 December 2022 were £27.7m and £1.5m respectively.