The transaction is expected to be accretive to MSA Safety’s adjusted earnings per share in the first full year of ownership and was financed using cash on hand and borrowings under MSA’s existing credit facility.
The acquisition strengthens Minuteman’s presence throughout the Southeast while expanding its ability to deliver integrated security, life safety, structured cabling and enterprise technology solutions to customers nationwide.
The acquisition significantly expands Allied Universal’s electronic monitoring capabilities in North America by integrating Sentinel with the company’s existing electronic monitoring business.
The acquisition supports RapidFire’s ongoing strategy of partnering with established, customer-focused providers in key markets to expand its capabilities and deliver a high-quality, consistent customer experience across its growing footprint.
Founded in 1961, PM Alarms has built a six-decade reputation for locally responsive service. Licensed in both Tennessee and Georgia, the company specializes in commercial fire alarm systems, intrusion security, access control, video solutions and video monitoring.
IRM will join Allied Universal Compliance and Investigations, the company’s global insurance claims services business unit, expanding Allied Universal’s investigative capabilities across Canada.
Through this acquisition, dormakaba strengthens its market position in the airport sector and expands its portfolio to include established software solutions for the automation of passenger processes, airport logistics and critical infrastructure security.
