Remote Monitored acquisition Cloudveil partners with Axis Security
Remote Monitored Systems announced a strategic partnership between its security and risk management consultancy subsidiary Cloudveil and UK-based integrated security provider Axis Security Services on Wednesday.
The AIM-traded firm said the partnership would be launched with the delivery of a range of specialist consultancy services at one of Axis's accounts.
“For a young company like Cloudveil, this is an extremely significant moment,” said Cloudveil’s managing director Hugo Gillum-Webb.
“Axis's organic growth rate is unmatched in the integrated security sector and their success and reputation, particularly in London is well deserved.”
Cloudveil would provide its management information platform ‘IRIS’ at the headquarters of an unnamed, “well-renowned” professional services firm in the City of London.
It said main platform functions would be incident and crisis management, contract audit and reporting and performance measurement.
Cloudveil would also provide technical surveillance countermeasures and close protection services to the account.
“Cloudveil was an important acquisition for RMS and we anticipate this exciting business win for Cloudveil's management information platform, IRIS, will prove to be one of many over the coming months,” said Remote Monitored systems executive director Trevor Brown.
At 1228 BST, shares in Remote Monitored Systems were down 0.97% at 0.31p.