Convergint Technologies Acquires Dakota Security Systems
January 4, 2016
Convergint Technologies, a service-based systems integrator, announced the acquisition of Dakota Security Systems. Founded in 1976, Dakota Security Systems is a security integration company based in Sioux Falls, S.D. and has offices in Arizona, New Jersey and throughout the upper Midwest.
“We are very excited to have Eric Yunag and his entire team join the Convergint Technologies family,” said Dan Moceri, executive chairman of Convergint Technologies. “They have built a strong business. The addition of Dakota Security Systems continues Convergint’s aggressive growth in building out a world-class systems integrator.”
The deal, which finalized January 4, 2016, has been in the works for quite some time. “We’ve been talking to Eric [Yunag] for a little over a year now,” Moceri said.
Moceri said this acquisition was strategic for three reasons: “It allowed us to fill a particular geographical need in the Midwest, it brought vertical market expertise and it brought a strong leadership team. Dakota is a good fit for us because their culture and our culture lined up nicely — they built their organization to be service focused like we did.”
Moceri described Convergint’s goal to build out a global service organization in which selling is global but service is local. He said the Dakota acquisition plays into that goal and provides “better options for customers looking for a single source solution.”
Dakota was seeking to service customers better with a greater footprint, and they saw the ability to better do that as a partner with Convergint, bringing verticals to a larger market, according to Moceri.
Dakota Security Systems strengthens Convergint’s position in North America with an expanded geographical reach and access to new vertical markets, Moceri said. Together, they form one of the most robust physical security and fire solution providers in the industry, Convergint reported in a press release.
“Combining with Convergint is the perfect strategic and cultural fit for Dakota Security,” said Eric Yunag, president and CEO of Dakota Security Systems. “I am confident that the talents of the combined companies will strengthen our ability to meet the evolving security needs of our customers for years to come.”
Convergint Technologies and Dakota Security Systems are No. 4 and No. 22 respectively on SDM’s Top System’s Integrators Report. The joint organization provides a diverse range of service-focused security and fire solutions, including system design, integration, installation, training and support services with a highly experienced workforce throughout the nation, Convergint reported.
“2015 was another year of double-digit growth for Convergint, and we are very excited to start 2016 with the addition of Dakota Security Systems,” said Ken Lochiatto, president and CEO of Convergint Technologies. “Our focus on being our customers’ best service provider is fueling this growth, and Dakota Security’s capabilities further strengthen that focus.”
Moceri said Dakota management will all be staying in place. “We are excited to keep the entire Dakota management team in place,” he said, adding that Dakota employees will stay in place as well.