Tag: ACRE
ACRE acquires Feenics and Matrix to close out 2021
December 1, 2021SSN Staff
DALLAS—ACRE, a global security company with multiple leading access control brands, announced the strategic acquisitions of Feenics and Matrix Systems. The financial details of the respective transactions were not released.
"Our goal is to bring the industry's best technology innovators into our network of brands," said ACRE CEO Joe Grillo. "Feenics' cloud architecture and Matrix’s simplified approach to integration have helped both brands build significant loyalty from a wide...
ACRE brands bringing wide-ranging product selection to Intersec Dubai
November 29, 2021SSN Staff
WIESBADEN, Germany—ACRE’s stand at Intersec 2022 will emphasize the Vanderbilt, ComNet, Open Options, and TDS brands’ wide-ranging high-quality security solutions across multiple product lines. Intersec Dubai takes place Jan. 16-18, 2022.
“Intersec is the world’s leading trade fair for security, safety and fire protection and, from our various past attendances at this event, we know that it produces high-quality visitors every time,” said Alex Holmström,...
ACRE acquires Dublin, Ireland-based TDS
April 26, 2021Paul Ragusa, Editor
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...
ACRE’s Joe Grillo talks new equity partner, outlook for company, industry
March 31, 2021Paul Ragusa, Editor
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...
ACRE acquired by Triton
March 12, 2021SSN Staff
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...
ComNet introduces Link Guardian Unidirectional Media Converter
January 11, 2021SSN Staff
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...
ACRE acquires video powerhouse Razberi
November 11, 2020Paul Ragusa, Editor
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...
ACRE partners with WaveLynx Technologies
October 21, 2020SSN Staff
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...
Vanderbilt unveils Zero-touch, cloud-issued mobile credentials
October 14, 2020SSN Staff
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...
ACRE strengthens management team with two key hires
February 28, 2020SSN Staff
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,...