ADT completes acquisition of Red Hawk Fire & Security

BOCA RATON, Fla.—ADT announced this week that it has completed its acquisition of Red Hawk Fire & Security, a commercial fire, life safety and security services and portfolio company of Comvest Partners. In October, ADT entered into a definitive agreement to acquire Boca Raton, Fla.-based Red Hawk Fire & Security for $317.5 million in cash.

“We are pleased to complete this transaction, which strengthens ADT's growth in the commercial security market and meaningfully expands the company's product portfolio with the introduction of commercial fire safety related solutions,” Jim DeVries, ADT's president and chief executive officer, said in the announcement. “With the added robust portfolio of fire and life safety solutions, as well as additional scale through commercially-focused sales professionals and technicians, we enhanced our position as a leader in commercial security, just as we are today in the residential market. ADT has a strong track record of successfully integrating acquisitions and we look forward to welcoming the talented Red Hawk team to the company.”

Moving forward, ADT said Red Hawk's ability to showcase its products and services to a wider range of national account and enterprise-level customers will be significantly accelerated with ADT, while also increasing ADT's technician workforce dedicated to the commercial customer.

“We are delighted to join a company with ADT's resources, growth potential and shared commitment to providing high quality customer service and innovative solutions to customers,” Red Hawk president and CEO Michael McWilliams said in a prepared statement. “We look forward to our future with ADT, which we are confident will help us to achieve our next phase of growth.”

ADT noted in the announcement that its business customers now represent 25 percent of total revenue. “Commercial security is one of the core pillars of ADT's growth strategy,” said DeVries.