The Marygold Companies to sell subsidiary Brigadier Security Systems for $2.2M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2025
0mins
Stock Purchase Agreement: The Marygold Companies has agreed to sell its Canadian subsidiary, Brigadier Security Systems, to SKCAL for approximately $2.2 million as part of a strategy to focus on growth in the financial services sector.
Transaction Details: The sale is expected to close around July 1 and will be subject to standard conditions such as due diligence and board approval, with proceeds aimed at reducing corporate debt and supporting general corporate needs.
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About MGLD
The Marygold Companies, Inc. operates through its subsidiaries, who are engaged in varied business activities, financial services, food manufacturing, printing, and beauty products, under the trade names USCF Investments, Marygold & Co., Step-By-Step Financial Planners, Marygold & Co. Limited, Gourmet Foods, Printstock Products, and Original Sprout, respectively. Its segments include Fund Management, Food Products, Beauty Products, Financial Services, and Corporate Headquarters. Its primary business focus is the financial services industry, including exchange trade funds (ETF) management. USCF Investments provides fund management services to exchange-traded funds and (ETFs). Food Products manufactures and distributes meat pies on a commercial scale and prints specialty wrappers for the food industry in New Zealand and Australia. Beauty Products is engaged in the wholesale distribution of hair and skin care products on a global scale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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