Tempo

A security guard with short dark hair standing in a corridor lined with metal cages or lockers on each side, facing away from the camera in an indoor setting.

Overview:

Tempo was Australia’s second largest security business, and the fastest growing management facilities business. Tasman bolstered the management team, implemented operational efficiency and margin improvement projects, completed one bolt on and divested non-core businesses.

Outcome:

Tasman initiated and led the exit without an advisor, the business exited to ISS, global leading facilities management buisness.

Strategic Fit:

  • Defensive, non-cyclical sector.

  • Operational improvement.

  • Consolidation through roll-ups.