July 28, 2017 3:23 AM ET

Commercial Services and Supplies

Company Overview of Transguard Group LLC

Company Overview

Transguard Group LLC, a business support services company, provides cash, security, manpower, and integrated facility services in the United Arab Emirates. It offers cash in transit, end-to-end cash management, smart cash deposit machine, cash management center, cash deposit centers, cash processing, cash data center, and other support services for banks, financial institutions, major retailers, and corporate and VIP customers. The company also provides manned guarding, event security, smart security solutions, explosive detection canine, design and consulting, and systems integration services; and technical, cleaning, hospitality and catering, call center, health and safety, strategic consu...

B Wing, 1st Floor

Dubai Airport Free Zone

Dubai,  

United Arab Emirates

Founded in 2001

Phone:

971 4 703 0500

Fax:

971 4 299 5664

Key Executives for Transguard Group LLC

Chief Executive Officer
Deputy Managing Director
Managing Director
Managing Director
Managing Director
Compensation as of Fiscal Year 2017.

Transguard Group LLC Key Developments

Transguard Reports Earnings Results for the Fiscal Year 2017

Transguard reported earnings results for the fiscal year 2017. For the year, the company has recorded a profit of more than USD 39.7 million.

Transguard Group and NCR Launch Full Service ATM Solution

Transguard Group has signed a partnership agreement with NCR to provide banks across the UAE with the opportunity to streamline their ATM operation, reduce costs and improve efficiency. Transguard and this new initiative with NCR, will afford banks the alternative of handing over responsibility for the entire end-to-end management and maintenance process of its ATM machines. The capex option will involve the banks managing every activity right from buying the machine to choosing the site and maintaining the ATM, while the Opex alternative will offer banks the opportunity to outsource the entire process, from installation to operation and maintenance. The agreement covers the lease of ATM machines direct from Transguard, complete with NCR software solutions, monitoring and full maintenance services, for which the banks pay a fixed fee per ATM machine. The newly launched service will offers the emirates banking community a unique solution designed to optimise service delivery and drive strategic value for financial institutions. It effectively eliminates a lengthy and time-consuming mutli-step process that involves machine purchase, software application and ongoing upgrades, and high maintenance costs, and by working with highly respected and trusted partners, such as Transguard, it makes perfect network sense.

Transguard Group Reports Earnings Results for the Year Ended March 31, 2015

Transguard Group reported earnings results for the year ended March 31, 2015. For the year, the company reported a 140% increase in profit attributable to owners. The company made AED 70.46 million attributable to the owners, compared to AED 29.27 million in the previous year. Revenue was AED 1.03 billion, compared to AED 769.5 million a year ago.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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