Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres.[1] In 1987, it became the first security company to list on the Madrid Stock Exchange,[2] and remains the largest company in the private security industry in Spain.[citation needed] In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur At Prosegur we make our world safer by taking care of people and businesses while remaining at the forefront of innovation. Throughout our history, we have become experts at managing risk. Our ultimate goal, however, is to erase this risk completely through anticipation, prevention, innovation and collaboratio. We believe that personal and business development is achieved by securing a stable and agile environment. This is what we aim to guarantee for our clients. We take care to ensure that everything runs smoothly, so they can focus on what matters most.