Stanley Black & Decker announced it has signed a definitive agreement for the sale of most of its security assets to Securitas AB for $3.2 billion in cash.
Cook & Boardman, a distributor of commercial door entry solutions and systems integration services, has announced the acquisition of Memphis, Tenn.-based Universal Manufacturing Company.
When combined, the company will have pro forma revenue of more than $200 million, serve approximately 350,000 customers, and employ nearly 1,000 security professionals across the United States.
The acquisition increases Securitas’ service capabilities and client offerings in the northeast U.S. and aligns with Securitas’ ambition to double the size of its security solutions and electronic security business.
Canadian-based video surveillance and business intelligence provider March Networks announced the completion of its acquisition by Delta, a provider in power and thermal management solutions.
These acquisitions bring cloud-based access control and video surveillance solutions to ACRE’s network of customers while also expanding its portfolio to support the demand for cloud-based security solutions.