The proposed merger between security VARs Harrier Group and Integralis will go to shareholders for approval in September, and completion is expected before the end of the year.
The deal, announced late last month, would lead to the creation of the Harrier-Integralis Group, which will aim to become a leader in the pan-European security integration business.
Mark Silver, chief executive of Integralis, said the deal has been agreed but still needs shareholder approval. The firms are sending shareholders more details, and Silver said he is confident the deal will go through this year.
Sarah Carter, group sales and marketing director at Harrier Group, said: "We have already had a lot of positive feedback from staff and customers."
The deal with pan-European Integralis will increase business benefits for UK-based Harrier Group, Carter added.
"It allows us to become part of a bigger entity and gives everyone more opportunities," she said.
Neil Ledger, co-founder at distributor equIP, which works with both firms, said: "Integralis gets a UK listing while Harrier gets pan-European coverage. We will see more deals like this and more consolidation [in the sector]."
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