 As a result of its focus on security systems, ADT sold the North American and European arms of BCA in separate deals.While the residual North American arm was broken-up and sold to trade buyers, the European arm was acquired by a consortium of some 40 private investors, including Lord Ashcroft via his Belize-based investment company, in 1995.In September 2006, the European arm was bought by the investment banking arm of private bank Samuel Montagu & Co., a division of HSBC.