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The company will leverage Water Street's deep expertise in healthcare and significant capital commitment to pursue acquisitions and organic initiatives that will further its expansion and aggressively grow its leadership position in the personal emergency response service (PERS) industry.
The acquisition reaffirms Omnigo’s commitment to delivering software solutions that help public safety officers and security personnel to more efficiently perform their day-to-day activities, enhance safety and operational visibility and seamlessly maintain compliance.
Hart Alarm in Albany, N.Y. a 47-year-old second-generation company, has sold its alarm business to Doyle Security Systems in Rochester, N.Y. Doyle has been in business since 1919.
The acquisition of SDS expands the commercial solutions offered by Alarm.com and helps its partners outfit commercial and enterprise customers with a gunshot detection solution.
The addition of CEI Alarm comes three months since Mountain Alarm’s acquisition of the largest alarm company in Reno Nev., Burgarello Alarm. This is their seventh acquisition in the last two years.
Under the terms of the offer, G4S shareholders will be entitled to receive 245 pence ($3.26) in cash for each G4S share. The offer values approximately £3.8 billion (approximately $5 million USD).