Scarlet Security & Risk Group Acquires Fusion Security
All Fusion staff and management will join the SSRG team, working alongside SSRG’s executives and subject matter experts.
VANCOUVER, British Columbia – Scarlet Security & Risk Group (SSRG) has announced that it has acquired Fusion Security Inc. Based in Burnaby, British Columbia, Fusion is a local provider of systems integration, mobile patrol and protective services.
All Fusion staff and management will join the SSRG team, working alongside SSRG’s executives and subject matter experts. Harry Stausgaard, currently Fusion’s vice president, will join SSRG’s executive team overseeing his current and growing book of business with a focus on growing the systems integration business, SSRG reports. Bruce Marginson, currently Fusion’s president, will continue in a senior advisory role.
“I am delighted to announce this transformational transaction further moving us toward our vision for the road ahead,” says Patrick Doyle, SSRG president and CEO. “Adding Harry and Bruce and their team to ours will make us better and I am excited to work with them.”
“Systems integration has become a must-have for us,” adds Doyle, “and Fusion gives us that expertise and book of business run by respected subject matter experts on day one. We believe this will accelerate market access, for all business lines, products, and services.”
Bruce Marginson states: “We are excited about joining Scarlet Security and Risk Group and the opportunities it brings to both customers and employees. Our vision, core values and culture align well with SSRG’s management and fit within SSRG’s approach to working with the best of the best in the industry.”
“We are confident that Fusion Security will continue to grow and service our clients with the quality, professionalism, and peace of mind that they have come to expect from our team,” says Harry Stausgaard.
SSRG, which acquired three companies in 2022 – ARC Protection Group, Lions Gate Risk Management Group, and Sirius Security Services – notes that it “aims to be a major consolidator of the quality firms who bring an intimate understanding of their operating environments but may lack the scale to compete on much larger enterprise and national contracts.”
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