Dr Diwan Rahul Nanda, Chairman and Managing Director, Topsgrup told reporters here on Friday that Guardwell, with a ground force of 5,000 employees, besides strengthening Tops brand in southern market, will substantially add value to its existing clients by offering Topsgrup’s single umbrella service for a wide range of security solutions.
With the acquisition, Topsgrup has become the second largest security service provider in south India, he said.
Currently, Topsgrup is the country’s leading total security solutions provider with a human capital base of 65,000 employees partnering 6,000 clients through its pan-India network of 110 offices.
Topsgrup is poised to achieve revenues in excess of Rs 1,000 crore by end of current fiscal. Some of Topsgrup’s partners include Tatas, Birlas, Reliance, Airtel, Oracle, HSBC, Stanchart, ICICI, Future Group,” he said.
Guardwell, one of the market leaders in Bangalore, Hyderabad and Chennai, will continue its services without any change in brand name and management structure. Existing promoter and MD, Vishwanath V Katti, will continue to head the firm, he said.