The Triton Smaller Mid-Cap Fund has announced the formation of Varna, a new Nordic group in perimeter protection and technical security, formed through partnership with six specialist providers of installation, service and maintenance of physical perimeter protection, access control and surveillance.
Weibull M&A acted as advisor to IP Security Scandinavia in connection with the transaction. IP Security Scandinavia is ahighly technical and specialized company focused oninstallation of IP-based security systems, CCTV, Intercom, ALPR, Access Control and Situational Awareness. As part of Varna, the companyretains its operational independence while gaining access to capital, resources and expertise to accelerate its growth.
