InvoTech’s real-time inventory management platform combines software, RFID tags, equipment and services to efficiently identify, track and monitor uniforms, linen and textile assets.
With the deal, CFS has become a wholly owned business unit of GARDINER, but will continue to operate as “Continental Fire & Security, a GARDINER Company” for the foreseeable future.
The sale enables Carrier to focus on its core businesses and to re-allocate the net proceeds consistent with its stated capital allocation priorities, including funding organic and inorganic growth, a growing and sustainable dividend, and share repurchases while maintaining an investment grade credit rating.
The Cook & Boardman Group, a distributor of commercial door entry solutions and security integration services, has announced the acquisition of Riviera Beach, Fla.-based National Millwork (NMI).
Corbett Technology Solutions Inc. (CTSI), a portfolio company of Wind Point Partners, announced it has acquired Star Asset Security, a systems integrator and provider of monitoring and managed services across enterprise IT, cyber, and physical security infrastructure.
The addition of Almo Corporation builds on other acquisitions in North America such as Stampede, Jam Industries, The Music People and JB&A, adding depth to its consumer portfolio.
The merged operations will allow for direct support of access control, video solutions, systems integration, fire systems, specialized network solutions, and more with combined operations of $26 million and 60 employees.
