SIS Ltd, India’s largest integrated business services company, has embarked on what promises to be the largest private security acquisition in the country’s history, acquiring APS (A P Securitas) Group in a estimated ₹600–650 crore deal. The phased acquisition unfolds in two strategic tranches.
In the first tranche, SIS will purchase a 51% stake in APS Group for ₹73.40 crore, with the transaction scheduled to close by November 1, 2025. The second tranche, involving the acquisition of the remaining 49%, is expected to be completed over the next three years (by 2028), subject to performance-linked milestones and internal agreements.
Post-transaction, the combined entity will boast a formidable force of approximately 350,000 employees, bolstering SIS’s stature among India’s Top 5 private employers. The acquisition not only enhances operational scale but also strengthens SIS’s capabilities across its core segments of integrated security, facility management, and cash logistics solutions.
Reflecting the sentiment within the company, Mr. Dhiraj Singh, CEO of SIS Group Enterprises, shared via LinkedIn:
“It is a delight to announce the arrival of a new member in the SIS Group Enterprises family! This one is special as it has come after the longest gap… and also is our largest addition ever in India! We are now jointly a family of about 350,000 members and consolidating our position as the Top 5 private employers in the country… Founded almost 40 years ago by industry veteran Anil Puri and run by Vikas Chadha, this ₹1,200 crore+ company is going to ‘shake’ the market… and continue to run the business independently as before!”
This acquisition is a clear signal of SIS’s aggressive expansion under its broader Vision 2030 blueprint, designed to scale operations, deepen technological capabilities, and maintain robust cash-flow and return-on-equity targets. It also emphasises the deepening consolidation within India’s once-fragmented security services market.
