Blue Lake Communications Oy (BLC) acquires AM Security Oy and AM Lukkoasema Oy

Aventum advised the owners on the sale of AM Security to BLC Group

The owners of AM Security (“Owners”) have sold their shareholdings in AM Security Oy and its 100% owned subsidiaries AM Lukkoasema Oy and Hardware Group Finland Oy to BLC Group (“BLC”). BLC is a fast-growing provider of modern security and information technology services. Aventum Partners acted as the adviser to the Owners.

AM Security was founded in 1984 by local locksmiths as a purchasing cooperative and has since then developed into a leading security product and service provider and the largest security product wholesaler in Finland with sales in the region of 50 MEUR. The group serves a broad range of customers from households and local entrepreneurs to large construction companies and industrials. The group offers a broad assortment of locking and security products and services customers nationwide.

The transaction is supportive to the growth strategy of BLC and complements its business well. For the Owners, the transaction enables the continuation of Finnish ownership committed to developing the company further.