Advised Action24 on its €3.6 million investment from state-backed venture capital firm BGF (Big Growth Fund) to acquire a minority stake in the Dublin-based security firm.
CKS Finance also advised Action24 on an AIB term loan secured for investment in process innovation.
Action24, founded in 1981, provides monitored intruder alarms, CCTV and access control solutions across both domestic and commercial markets. It has about 13,000 customers and employs 75 staff from its facility in Sandyford, Co Dublin. It had received backing from BGF prior to this transaction also.
