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SDM Newswire

Convergint Makes Three Acquisitions, Totaling 44 Acquisitions Since 2014

Convergint
April 20, 2021

Convergint Technologies, a provider in service-based integration, announced three acquisitions: Custom Vault Corporation, which includes BrachServ and CustomVault; Seal Telecom; and Diebold Nixdorf’s Asia Pacific electronic security business.

Founded in 1984, CustomVault designs and installs high-security modular vault solutions for several industries, including government and military, healthcare and finance. In 1999, the company expanded its servicing capabilities to the financial industry and launched BranchServ, a security and automation equipment and service provider for financial institutions nationwide. The company serves many of the largest branch networks in the United States, including banks and credit unions.

Seal Telecom provides audio and video, unified communication, smart buildings, broadcast, and fire and security solutions. In September 2020, Seal and Convergint entered into an exclusive strategic partnership, expanding and enhancing both companies' customer service capabilities across the Latin American region.

Diebold Nixdorf’s Asia Pacific Electronic Security Business provides security solutions for financial, retail, and other verticals across the Asia Pacific region. The company’s service offerings include security system design, integration, installation, maintenance, embedded services, PA system, integrated building management system and fire system implementation. These employees will join Convergint’s Asia Pacific subsidiary, ICD Security Solutions.

“It’s been a strong start to 2021 for Convergint,” said Ken Lochiatto, president and CEO of Convirgent. “We believe that our continued growth is a direct reflection of our long-established culture and Values & Beliefs. Every acquisition is carefully evaluated to ensure that it is aligned with our core principles and strategic growth initiatives. As our customers’ needs continue to evolve, we’re focused on and committed to scaling our service capabilities and solutions. That includes expanding our global footprint, while deepening our expertise and client-servicing capabilities across specific vertical markets. Our most recent acquisitions will greatly benefit our local and global customers — we’re keeping pace with the growing need for innovative, scalable, and highly customized security solutions.” 

The three acquisitions bring the total amount of Convergint acquisitions to 44 since 2014.

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KEYWORDS: acquisition Convirgent integration service services providers

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