OHM Security Integrates into Larger Family with SSRG Acquisition

Deal News | Mar 06, 2025 | Globenewswire

OHM Security Integrates into Larger Family with SSRG Acquisition

Scarlet Security & Risk Group (SSRG), a leading Canadian security solutions provider, has acquired a majority stake in OHM Security Ltd. based in Ontario to advance its growth strategy. The acquisition follows SSRG's recent acquisition of Fusion Security in British Columbia and reflects its aim to strengthen its presence in Ontario. OHM's team, including founders Maurice and Dan Daoust, will remain with the company under SSRG's leadership. The acquisition is expected to enhance SSRG's integrator capabilities and expand OHM's ability to undertake larger projects. This transaction aligns with SSRG’s strategy to consolidate quality firms lacking the scale for national contracts, reinforcing its position as the firm of choice for enterprise growth with local expertise. Final Image Inc. acted as exclusive advisors on this transaction.

Sectors

  • Security and Risk Management
  • Systems Integration

Geography

  • Canada – SSRG, based in Canada, expands within the Canadian market by acquiring Ontario-based OHM Security Ltd.
  • Ontario – OHM Security Ltd., the target of the acquisition, is based in Ontario, contributing to SSRG's geographical expansion plans in Canada.

Industry

  • Security and Risk Management – The article focuses on SSRG, a security solutions company, acquiring OHM Security Ltd., indicating active involvement in the security and risk management sector.
  • Systems Integration – OHM Security Ltd. is a systems integrator, and the acquisition will augment SSRG's systems integration capabilities.

Financials

    Participants

    NameRoleTypeDescription
    Scarlet Security & Risk GroupBuyerCompanySSRG is a leading Canadian security solutions provider that acquired a majority stake in OHM Security Ltd.
    OHM Security Ltd.TargetCompanyOHM is an Ontario-based Security Systems Integrator with a strong reputation in the industry.
    Maurice DaoustShareholder and LeaderPersonFounder of OHM Security Ltd., remains as part of the leadership team post-acquisition.
    Dan DaoustShareholder and LeaderPersonPartner at OHM Security Ltd., will continue in a leadership role following the acquisition.
    Patrick DoyleCEOPersonCEO of SSRG, instrumental in the acquisition strategy.
    Final Image Inc.AdvisorCompanyExclusive advisor to the acquisition transaction between SSRG and OHM.