SSRG adds investment and banking support to fuel growth

CALGARY, Alberta, Nov. 01, 2022 (GLOBE NEWSWIRE) — Scarlet Security & Risk Group (SSRG) continues to pursue its goal of increasing capacity and reach for its customers and continuing to provide them with complex security solutions.

The company is pleased to announce a restructuring of its ownership group and the addition of a major financial partner to further support these goals and expand its capabilities.

SSRG has experienced significant growth, both organic and through acquisition, over the past five years, including its recent purchases of Lions Gate Risk Management Group and Arc Protection Corp. The expansion of its suite of services has also brought a large group of subject matter experts to SSRG’s management and leadership teams.

Building on these accomplishments, effective September 30, 2022, Stephen Reid of Trilogy Capital joined SSRG as an investor, shareholder and board member. Stephen is a highly experienced investor and business growth expert who specializes in mergers and acquisitions and strategic partnerships with a particular focus on founder-led businesses. He is a welcome addition to the management team.

Mr. Reid commented, “Trilogy sees many opportunities and is focused on investing in ‘top tier’ management teams. SSRG is one of the best managed growth companies we have ever seen, and we recognize the team’s potential to become the national leader in premium security services.

As part of this transaction, Patrick Doyle, founder, CEO and majority shareholder of SSRG, will increase his stake further illustrating his commitment.

Mr. Doyle commented, “Our ability to provide expertise to our customers and deliver thoughtful, integrated solutions for complex use cases has grown significantly in recent years. We are confident that these changes will enable us and our customers to be successful and will enable significant service delivery and expansion in the years to come.

Mr. Doyle went on to say, “The Canadian security landscape is dominated by several large multinational vendors and many small and medium-sized founder-run companies. Our goal is to be a major consolidator of quality businesses that bring an intimate understanding of their operating environments, but may not have the scale to compete on much larger businesses and national contracts.

In unison with Trilogy Capital and Mr. Doyle, Canadian Western Bank/CWB Maxium Financial has become a strategic capital provider for SSRG to pursue its ambitious growth initiatives.

With its additional financial support, SSRG seeks to become the Canadian firm of choice for discerning owners looking for scale, succession, growth and the support and ability to join a larger team with a local approach.

About Scarlet Security & Risk Group:

SSRG is one of Canada’s leading security solutions companies. We provide a variety of customer-centric security, technology and risk management solutions to our partners and customers. Our diverse, highly skilled team members and our consistent commitment to excellence deliver superior results for our clients.

About Lions Gate Risk Management Group

Lions Gate, a wholly owned subsidiary of SSRG, offers a wide range of services in risk management, executive protection, intelligence analysis, investigations, financial and cryptocurrency investigations, etc. The members of its management team have extensive experience in all fields and offer the highest quality services.

For more information :

Contact:
Patrick Doyle Stephane Reid
[email protected] [email protected]
Cell: 1-867-446-6126 Cell: 1-403-540-5411