Scout Completes Merger with Kangaroo
FOR IMMEDIATE RELEASE
January 1, 2026
Scout Security Completes Merger of Equals with Kangaroo (Roo Inc.), Creating a Stronger Global Security-as-a-Service Platform
SYDNEY, AUSTRALIA and NEW YORK, USA — Scout Security Limited (ASX: SCT), a leading white-label security-as-a-service platform, today announced the successful completion of its previously announced merger of equals with Kangaroo (Roo Inc.), officially closing the transaction on December 22, 2025. The combined company unites two pioneers of affordable, app-connected smart security, forming a powerful, diversified, and globally scaled platform positioned to drive sustainable growth and innovation across the home and SMB security markets.
Under the completed transaction, Scout has acquired 100% of Roo Inc., including its award-winning product suite, technology IP, distribution partnerships, and established international footprint. The merger significantly expands the company’s operating scale, strengthens recurring revenue growth, and unlocks meaningful cost and revenue synergies that are expected to accelerate the combined organization toward positive EBITDA and breakeven-to-positive cash flow post-integration.
A Combined Platform with Global Reach and Powerful Scale
With the completion of the merger, the combined company benefits from a significantly expanded global user base, a larger and more diversified subscriber community, and a strengthened foundation of recurring subscription revenue supported by ongoing hardware sales. Together, Scout Security and Kangaroo (Roo Inc.) bring enhanced technology depth, broader distribution reach, and greater market presence across the United States, Australia, and key international regions. The merger also unites complementary platforms, IP portfolios, and innovation pipelines — positioning the organization to accelerate growth and value creation for customers, partners, and shareholders.
Positioned for Growth, Innovation, and Market Leadership
The integration of Kangaroo’s capabilities with Scout’s platform strengthens product development, enhances subscription growth opportunities, and creates efficiencies across customer support, sales, marketing, and operational infrastructure. Together, Scout and Kangaroo are positioned to deliver more value to channel partners, innovate faster across security and IoT, and expand subscription-based recurring revenue streams globally.
“This merger creates a unified organization with the scale, technology depth, and operational strength to drive profitable global growth,” said Scout Security CEO Ryan McCall. “With a significantly larger user base, expanded subscription footprint, and deeper IP, the combined business is positioned to accelerate international expansion and pursue new opportunities across security, IoT, and connected camera markets.”
“Kangaroo (Roo Inc.) has always believed that accessible, beautifully designed smart security can change the way people protect their homes and businesses,” said Dhruv, CEO of Kangaroo. “This merger is the beginning of a powerful aggregation strategy in our industry. By combining Kangaroo’s proven strengths in DTC, retail execution, and insuretech innovation with Scout’s world-class B2B platform and partner ecosystem, we now have the scale, capability, and strategic alignment to build a true market leader in connected security and services.”
Shared Vision of Accessible, Powerful, Next-Generation Security
The combined company will continue to focus on its shared mission: delivering powerful, intuitive, and cost-effective smart security experiences to homes and businesses worldwide. By uniting innovation, reach, and operational excellence, Scout and Kangaroo are building a modern security platform designed for today’s connected world and tomorrow’s evolving security landscape.
About Kangaroo (Roo Inc.)
Kangaroo (Roo Inc.) is a New York–based DIY smart home security brand recognized for simple, privacy-first design, award-winning hardware innovation, and accessible subscription experiences. Kangaroo operates across New York, Wroclaw, Shenzhen, and Manila.
About Scout Security Limited
Scout Security Limited (ASX: SCT) is a global white-label security-as-a-service platform powering recurring revenue solutions for leading security, telecommunications, and internet service providers. Scout delivers flexible, affordable, and design-forward connected security systems for residential, SMB, and multi-tenant environments.
Media Contact:
Scout Security Limited
investors@scoutalarm.com
