Tag: ACRE

DALLAS—ACRE, a global leader providing state-of-the-art security systems, announced the acquisition of cloud-based workspace solutions provider TDS (Time Data Security), based in Dublin, Ireland. Financial details of the transaction were not released.  This is ACRE’s first acquisition since being acquired March 11 by Triton Partners.  According to ACRE, this purchase will enhance the company’s strategic expansion plans for strengthening the product portfolio and...

YARMOUTH, Maine—Security Systems News sat down, via Zoom, with ACRE CEO Joe Grillo to talk about the recent deal that brings new ownership and investment partner, Triton, on board, after a very successful run since 2013 with ACRE’s prior private-equity partner, LLR Partners. In this candid interview, Grillo talks about the exciting next phase for ACRE, the future for the company’s many brands (Vanderbilt, RS2, Open Options, ComNet, and Razberi), the state of access control, and...

LONDON and DALLAS—Triton, a UK-based private equity firm, has signed an agreement to acquire ACRE, an end-to-end security solutions provider based in Dallas and Dublin, Ireland, with brands that include Vanderbilt, RS2, Open Options, ComNet, and Razberi. Triton will invest alongside the current management team of ACRE.  ACRE’s previous majority investor, LLR Partners, who has partnered with the company since 2013, will exit the business. Houlihan Lokey acted as...

DANBURY, Conn.—Communication Networks (ComNet), an ACRE company, and a USA-based manufacturer of fiber optic transmission and networking equipment, is expanding its line of cybersecurity products by adding to its line of intelligent media converters. These intelligent media converters with Link Guardian create a physical layer of protection that limits network traffic to one-way communication between the source and destination networks. The ComNet CNGEUMC4+2(TX, RX)/M is designed to prevent...

LAS VEGAS—With the recent acquisition of Razberi Technologies, ACRE not only strengthens its video and communications business and product portfolio, but also adds technology options on the access control side.   ACRE CEO Joseph Grillo told Security Systems News he is excited to bring on a company of Razberi’s caliber. “Razberi is a company that is focused on adding value and participates in one of the fastest growing parts of security, which is video surveillance, and...

LAS VEGAS—ACRE, a global provider of security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, announced that the ACRE brands — RS2, Vanderbilt and Open Options — will launch ACT ID, a new cloud-based mobile credential application. “Mobility is an integral part of the goal of forward-thinking enterprise organizations, as more organizations look for way to leverage more touchless access control and seamless visitor management...

PARSIPPANY, N.J.—Vanderbilt, a global provider of state-of-the-art video, access control and intrusion security systems, announced the introduction of Vanderbilt Mobile ACT ID, featuring zero-touch, cloud-issued credentials for seamless integration into its access control solutions. The result is the ability to easily issue new credentials, as well as instantly grant and restrict access for office buildings, government facilities, healthcare institutions, schools, residences and a growing...

LAS VEGAS—ACRE announced the addition of Jim Kelly as chief revenue officer starting on March 1, 2020, and Chuck O'Leary as president of Open Options, an ACRE company based in Addison, Texas. Kelly brings a wealth of experience having had successful positions at Software House, Sensormatic, Tyco International and Johnson Controls. While at Software House, he led the sales and marketing efforts to build the business from $2 million to $120 million in North America. While at Johnson Controls,...

Editor's Note: State of the access control market, part I revealed the top five, current trends in the market as explained by industry-leading physical access control-minded security professionals of security- and physical access control-focused companies producing and offering first-class technologies and services.YARMOUTH, Maine—Security brands and companies offer varying technologies, products and services within the physical access control (PAC) market today; therefore, all security companies...

YARMOUTH, Maine—The concept of access control is simple — to allow or restrict people, animals or things from gaining access to a particular space. At its core is some type of lock, mechanical or electronic, that must be breached legitimately, accidentally or forcefully to gain access. Once access is gained, the results can be advantageous, detrimental or even a combination of both. Although simple to define, the complexity lies in formulating the best access control plan using the best...