Allegion, a global security products and solutions provider, has agreed to acquire Qatar Metal Industries (QMI) through one of its subsidiaries. The transaction is expected to close in the first quarter of 2018, subject to regulatory approvals.
The ADT brand is synonymous with security — instantly recognizable by virtually every competitor and potential customer in the United States. Its 143-year history, combined with its massive size (an estimated $4.3 billion in gross revenues in 2017 and ranked No. 1 on the SDM 100 Report every year since its inception in 1991) puts this security dealer in the ranks of some of the largest companies in the country.
George Risk Industries Inc. (GRI) announced it acquired Labor Saving Devices Inc. (LSDI). In announcing the transaction, Stephanie Risk-McElroy, president and CEO of GRI, stated, “We are excited about adding the LSDI line to the GRI family. Over the years we have looked at a variety of companies but when Roy Bowling presented the offer to acquire, the two product lines seemed to be a natural fit.
ADT, ranked No. 1 on the SDM 100, closed the acquisition of the cyber security company DATASHIELD. Now operating under the brand ADT Cybersecurity, this service is uniquely positioned to provide enterprise and mid-market businesses with managed detection and response (MDR) services to combat advanced cyberthreats in real-time.
IdentiSys Inc., a sales and service integrator of identification, card issuance, emergency response, access control and video security systems, acquired full-service identification and card-based solutions dealers Automated Card Systems (ACS) and Access Credential Systems (ACS East).
B Safe Inc., a regional provider of security and fire alarms to Delaware, Maryland, New Jersey and Pennsylvania, acquired substantially all the assets of Ocean Security Systems Inc. in Toms River, N.J.
Capital One announced today that it provided a five-year, $10 million senior revolving line of credit to Bates Security and Sonitrol of Lexington, a family-owned business headquartered in Lexington, Ky.
ADS Security, a regional electronic security and automation company headquartered in Nashville and ranked No. 20 on the SDM 100, has acquired the accounts of Equinox Alarm Services in Tuscaloosa, Ala. This purchase is the fourth for ADS in 2017, and marks the fourth consecutive year ADS had closed at least four acquisitions.
