After acquiring ARD last April, VITAPROTECH Group, a European provider of access control and security systems and technologies for critical sites, is continuing its growth strategy with the implementation of its internationalization strategy, and has purchased TDSi, a manufacturer of integrated access control systems in the U.K.
Per Mar Security Services, a provider of total security solutions for residential and commercial clients based in Davenport, Iowa, has acquired Stearns Sound & Security of Waupaca, Wis.
Vector Security (No. 4 on the SDM 100) announced the acquisition of ADS Security (No. 15 on the SDM 100). The transaction officially closed today. Collectively both companies will have close to $20 million in recurring monthly revenue and a customer base of nearly 400,000 subscribers.
Becklar, parent company of both AvantGuard Monitoring Centers and Freeus, announced the closing of a new $25 million debt facility with Pacific Western Bank. The Edmonds Group served as exclusive financial adviser to Becklar.
Transom Capital Group, an operations-focused middle market private equity firm, today announced it has acquired Pelco Inc., a provider of video surveillance solutions, from Schneider Electric.
Resideo Technologies Inc. has acquired energy efficiency technology from Whisker Labs and hired the team behind it. The technology creates a thermodynamic model of a home to accurately predict home heating and air conditioning run time and energy use to enable a homeowner to use less energy while maintaining comfort.
SnapAV, a manufacturer and source of A/V, surveillance, networking and remote management products for professional integrators, and Control4 Corporation, a global provider of smart home solutions, today announced that they have entered into a definitive merger agreement stating SnapAV will acquire Control4 in an all cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.
Allied Universal, a leading security and facility services company in North America (No. 11 on SDM’s 2018 Top Systems Integrators Report, based on 2017 data), has signed a definitive agreement to acquire Dallas-based security integrator Securadyne Systems (No. 8 on SDM’s 2018 Top Systems Integrators Report, based on 2017 data). The deal is expected to close on April 15, 2019. This acquisition will combine a leading U.S. security services company with a world-class technology solutions provider, which will serve as a platform for providing technology-enabled security solutions on a global scale. Terms of the deal were not disclosed.