diff --git a/include/boost/stacktrace/detail/frame_msvc.ipp b/include/boost/stacktrace/detail/frame_msvc.ipp
index 789d164..0b57ff8 100644
--- a/include/boost/stacktrace/detail/frame_msvc.ipp
+++ b/include/boost/stacktrace/detail/frame_msvc.ipp
@@ -21,6 +21,8 @@
 #include <windows.h>
 #include "dbgeng.h"
 
+#include <mutex>
+
 #ifdef BOOST_MSVC
 #   pragma comment(lib, "ole32.lib")
 #   pragma comment(lib, "Dbgeng.lib")
@@ -138,14 +140,30 @@ class debugging_symbols: boost::noncopyable {
     }
 
 #ifndef BOOST_STACKTRACE_USE_WINDBG_CACHED
+    static std::mutex& get_mutex_inst() noexcept {
+        static std::mutex m;
+        return m;
+    }
+
+    static com_holder< ::IDebugSymbols>& get_static_debug_inst() noexcept {
+        // [class.mfct]: A static local variable or local type in a member function always refers to the same entity, whether
+        // or not the member function is inline.
+        static com_holder< ::IDebugSymbols> idebug;
 
+        if (!idebug.is_inited()) {
+            try_init_com(idebug);
+        }
+
+        return idebug;
+    }
+
+    std::lock_guard<std::mutex> guard_;
     com_holder< ::IDebugSymbols> idebug_;
 public:
     debugging_symbols() noexcept
-    {
-        try_init_com(idebug_);
-    }
-
+        : guard_( get_mutex_inst() )
+        , idebug_( get_static_debug_inst() )
+    {}
 #else
 
 #ifdef BOOST_NO_CXX11_THREAD_LOCAL