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Technical Security

We support security companies that bring significant value to society, property owners, and end users creating safe and open cities, improved quality of life, and increased resource efficiency.

The technological paradigm shift from mechanical to electromechanical and digital is in motion and has only started

Smart and connected access systems in properties and cities will form the cornerstones of society.Society's demand for sustainable resource optimization, property owners' pursuit of cost efficiencies, and end users growing expectations of security, safety and convenience is increasing. Intelligent access systems are essential to meet these needs. They create a seamless infrastructure that integrates properties, service providers, and end users.

Novax aims to drive the shift towards safe and open societies built around intelligent access solutions that streamline everyday life, increase accessibility, and minimize environmental impact.We see increasing demand for specialized solution providers for specific use cases combining both hardware and software. We see digitization of the door environment, driving demand for electromechanical components and we see platforms combining access with other functionalities in one place driving convenience, efficiency and accessibility for both property owners and end users.

Novax has been investing in the security industry since 2012. Today, we are proud owners of the RCO Group, consisting of RCO Security, Swedlock and Nimly. We are also proud investors in Accessy and Unloc which are horizontal software platforms enabling mobile access. Over the years we have built up deep knowledge and understanding of what drives the market. We also have a broad network of relevant actors, entrepreneurs, and stakeholders. To drive real change in the industry, perseverance and a willingness to challenge traditional norms are required. Novax is a long-term partner committed to driving industry development and innovation and growing together with our companies.
€2.5bn
€2.5bn market for Access Control in EMEA
~50%
~50% of Sweden's municipalities utilize Swedlock's solution in elderly care
15%
15% CAGR in market for Electromechanical components
20%
Estimated 20% CO2 reduction in home care access in Swedish municipalities using Swedlock solutions due to less driving for pick-up of physical keys

Our current investment focuses are innovative access control hardware with open systems, solution providers for specific end-user verticals, electromechanical components and value-added service platforms

Connected hardware and open systems

Hardware and software solutions for the future of access control systems.

Value-adding service platforms

Security systems with integrated functionality to increase accessibility, efficiency and convenience.

System integrators and operators

Integration/ installation, operation and maintenance of security solutions

Smart hardware with open platforms enables seamless third-party integration, adding value through enhanced services and securing revenue shares in real estate applications

Security systems evolve and the complexity increases, which drives demand for specialized solution providers for certain use cases

As digitization finds its way into buildings, demand for electromechanical components increase

Platforms combining access with other functionalities in one place to increase convenience, efficiency and accessibility

Perspectives from our companies

"Novax is a partner that meets all the criteria that the RCO Group has been looking for in its expansion journey. In Novax, we have found a partner with deep sector knowledge, long-term vision, financial strength, and a team that is constructive and enjoyable to work with."

Ove Bergkvist, VD RCO Gruppen

"Our customers and suppliers have experienced over time that we are part of a stronger team with greater resources and more opportunities since we became part of the RCO Group and the Novax ecosystem. We are very enthusiastic about continuing our journey together with RCO and Novax."

Johan Hörberg, VD och Grundare Swedlock

Our companies in Technical Security

We want to make an impact together with you!

Do you have a unique and sustainable idea and operate a company within Technical Security? Are you seeking a flexible and fair investor who can support your company and grow with you in the long term?

With us, you will not only get a knowledgeable investor with deep expertise and a broad network within the security market. You will also get a committed and long-term partner to grow with.

We are open to new exciting opportunities. Reach out and tell us more about your company!
pitch@novax.se

Head of sector
Technical security

Samuel Asarnoj
+46 (0) 299 85 75