Irish alarm company Homesecure sells to Norwegian group for €25m
Irish alarm monitoring company Homesecure has been sold to Norwegian group Sector Alarms, which already owns PhoneWatch in this market. The sale price is believed to be â¬25 million. Founded in 2014 by Colm Daly, the company has just under 20,000 customers and is understood to be growing at a rate of more than 20 per cent a year. It has 45 full-time employees and offers 24/7 monitored security in the Irish residential market. The main beneficiary of the sale will be Homesecureâs non-executive chairman Simon Murphy, who has a majority stake in the business. Mr Daly and the compan...