Security acquisition - Articles - Page 2

11 Ways to Maximize the Value of Your Security Company

From focusing on a vertical market to treating your competitors fairly, financial experts offer advice on what really matters to potential buyers.

Joan Engebretson

November 5, 2018

The owner or owners of almost every security dealer consider selling their company at some time.

Bates Security Expands With the Purchase HITEC Security Inc.

November 2, 2018

Bates Security LLC, a commercial and residential security company based in Kentucky with branches in Prestonsburg, Ky. and Jacksonville, Fla., has acquired HITEC Security from Tommy Kidd, owner of the Pikeville, Ky. Security company. Both Bates Security and HITEC are family-owned and operated businesses based in Kentucky. With the acquisition, Bates will be adding over 600 accounts to its customer base in Prestonsburg, where Bates does business under the ABCO Security name.

Security Alarm Corporation Acquires Bellemare Total Systems Integration

October 29, 2018

Security Alarm Corporation announced the acquisition of Bellemare Total Systems Integration LLC., a family-owned business servicing both residential and commercial customers.

IBM Acquires Red Hat

October 29, 2018

IBM and Red Hat, a provider of open source cloud software, have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190 per share in cash, representing a total enterprise value of approximately $34 billion.

Kingswood Capital Acquires WAVE Electronics, Announces Merger With AVAD

October 4, 2018

Kingswood Capital Management LLC, an operationally focused, lower-middle market private equity firm, announced that it acquired Houston-based WAVE Electronics Inc. Kingswood will merge WAVE with its portfolio company, AVAD LLC. In bringing together WAVE and AVAD, Kingswood said it will create the largest value-added distributor of high-end audio, video, security and home automation solutions in the consumer electronics industry.

UTC Climate, Controls & Security Completes Acquisition of S2 Security and Launches LenelS2

October 2, 2018

UTC Climate, Controls & Security has completed its acquisition of S2 Security, which will be combined with Lenel, to create LenelS2, a global leader in advanced access control systems and services. Through the collective strengths of both companies, LenelS2 will provide scalable, cutting-edge customer solutions in the access control and security management systems industry, serving global enterprises to small- and mid-sized companies. The business is part of UTC Climate, Controls & Security, a leading provider of fire safety, security, building automation, HVAC and refrigeration systems, a unit of United Technologies Corp.

Convergint Acquires Midwest-Based Integrated Security Solutions

October 2, 2018

Convergint Technologies announced the acquisition of Integrated Security Solutions, a single-source provider of electronic and physical security solutions in Wisconsin and northern Michigan.

HID Global Acquires Crossmatch to Expand in Biometric Identity Management

September 24, 2018

HID Globalacquired Crossmatch, a provider of biometric identity management and secure authentication solutions, from Francisco Partners.

UTC Climate, Controls & Security Agrees to Acquire S2 Security

September 21, 2018

UTC Climate, Controls & Security announced that it agreed to acquire S2 Security, a developer of unified security and video management solutions. UTC Climate, Controls & Security is a provider of fire safety, security, building automation, heating, ventilating, air conditioning (HVAC) and refrigeration systems, and is a unit of United Technologies Corp.

European Security Leader Prosegur Acquires Viewpoint, a Remote Video Monitoring Company

September 17, 2018

Madrid, Spain-based Prosegur announced today that it acquired Viewpoint, a Lowell, Mass.-based remote video monitoring company specializing in intelligent, video-voice security solutions and technology-centric security solutions.