Matt Sack Takes Control of Prosegur's EAS Division, Spins It off as Independent Company Named Global Security Solutions

DEERFIELD BEACH, Fla. (December 23, 2024) - Prosegur has decided to spin-off its EAS and RFID division in the U.S., which will be now be fully controlled and managed by Matt Sack, one of the top leaders in the loss prevention solutions industry. Sack, who has served as the division's CEO most recently, has renamed the newly-independent company Global Security Solutions.

"Since 2019, our organization has grown globally, introducing new solutions for global and local retail chains, and not just in the electronic article surveillance (EAS) arena but in radio-frequency identification (RFID) and robotics," said Sack. "Spinning off the division into an independent company, Global Security Solutions, will allow us to increase the focus on the development of new technologies beyond the traditional security applications, especially when it comes to RFID. At the same time, we remain as committed as ever to serving our clients in the retail world and helping them meet and exceed their asset protection objectives."

According to Sack, the organization has launched a series of new solutions that promise to transform how retailers think of loss prevention. Two of those solutions, ThinLine RFID antennas and Focus4 RFID readers, have entered the market to great success, delivering what retail chains have long searched for - an RFID system that can truly function as both an electronic article surveillance solution as well as an inventory tracking system with a high rate of accuracy. Coupled with the organization's new RFID labels and tags, this system will enable retailers to have an unparalleled new insight into their store operations, according to Sack.

Matt Sack is a retail industry veteran with over 36 years of experience. Prior to serving as Prosegur global retail group's CEO and executive chairman, he served as chief sales officer of Prosegur USA, prior to which he was CEO of Best Security industries (BSI). He held other senior leadership roles throughout his career, including being a vice president at Macy's. He resides in New York with his wife and three daughters.