Bain, Hellman & Friedman Buy Securitas Direct

Private equity firms Bain Capital and Hellman & Friedman have agreed to buy Swedish alarm company Securitas Direct from Swedish buyout firm EQT, Reuters reported. The deal reportedly values the business at about 20 billion Swedish Kronor ($3.1 billion). Bain and Hellman & Friedman beat out a rival consortium of Stanley Black & Decker and Carlyle Group in the deal. Terms of the acquisition were not released.

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