Tag: AMAG Technology
AMAG Technology receives growth investment from security-focused Egis Capital
March 30, 2026SSN Staff
SUMMIT, N.J.—Egis Capital Partners (Egis) recently announced a growth investment in AMAG Technology, a global provider of integrated high-security access control and security solutions.
The growth investment supports Shore Rock Partner’s majority acquisition of AMAG from Allied Universal, which took place on Dec. 9, 2025.
Since 2008, Egis has been investing in market-leading security companies with strong brand recognition and growth strategy. AMAG represents Egis’...
AMAG Technology and SwiftConnect win SIA New Product Showcase Award
March 27, 2026SSN Staff
HAWTHORNE, Calif. — AMAG Technology and SwiftConnect has announced that the integration between Symmetry CONNECT 2.0 and SwiftConnect won the Security Industry Association (SIA) New Product Showcase award in the Convergence & Integration Solutions category.
The SIA New Product Showcase occurred at ISC West, the world’s largest security tradeshow in Las Vegas, Nevada.
The integrated solution addresses one of the most pressing challenges facing large organizations today: managing...
Morgan Stanley Capital Partners acquires Security 101
February 24, 2026SSN Staff
NEW YORK—Private equity activity in the security sector continues its rapid pace as Morgan Stanley Capital Partners (MSCP), the middle‑market private equity team within Morgan Stanley Investment Management, has acquired Security 101, a national provider of commercial security integration services.
Financial terms of the transaction were not disclosed.
The MSCP deal marks the third private equity acquisition of a security provider since December, when Allied Universal sold...
AMAG Technology releases Symmetry CONNECT 2.0 identity management system
January 20, 2026SSN Staff
HAWTHORNE, Calif.—AMAG Technology, a global provider of physical security and identity management solutions, has announced the release of Symmetry CONNECT 2.0, the next evolution of AMAG’s identity-first approach to physical access administration.
Many enterprises do not operate single access control systems anymore. Mergers, acquisitions, global growth, and decentralized operations create a patchwork of systems that are difficult to manage, increase risk, and slow...
Security surge in M&A: Tech adoption, recurring revenue models and consolidation push valuations to record highs
January 12, 2026Cory Harris, Editor
NEW YORK—For security companies looking to increase their value, investments in artificial intelligence (AI), the cloud and cybersecurity aren’t optional anymore - they’re the price of admission. That message was clear at the recent Raymond James Security Investor Conference.
“If you’re not investing in AI, cloud, and cybersecurity, you’re not just behind - you’re irrelevant,” said Alper Cetingok,...
PE in security: Poll reveals concerns
January 7, 2026Ken Showers
YARMOUTH, Maine — Private equity (PE) made waves in the security industry in 2025 with several high-profile acquisitions and a flurry of smaller deals consolidating companies under investment firms. But according to the latest Security Systems News (SSN) poll, what benefits investors may not always benefit the industry.
The push for private equity has been driven by the opportunity for companies to access larger amounts...
PSA Network announces 2026 P3 Partners
January 5, 2026SSN Staff
WESTMINSTER, Colo.—The PSA Network (PSA), the world’s largest consortium of professional systems integrators, has announced the 28 partners of the PSA Partner Program (P3) for 2026.
The P3 program is a performance-driven initiative tailored for technology partners, evaluating and categorizing them based on criteria reflecting their impact and achievements within the network.
Partners meeting the annual sales threshold are assessed using a weighted scale. Their cumulative...
AMAG breaks free: Bold spin-off from Allied will spark innovation
December 17, 2025Cory Harris, Editor
IRVINE, Calif.—Following a spin-off from Allied Universal and a strategic investment by Shore Rock Partners, AMAG Technology is accelerating product development and expanding its capabilities for high-security environments, says CEO David Sullivan.
Why now?
The spin-off was triggered after Allied recognized that a dedicated growth investor was essential to unlock AMAG’s long-term potential. Allied remains a minority...
Netwatch announces agreement to be acquired by PE firm GI Partners
December 17, 2025SSN Staff
LAKE FOREST, Calif. and CARLOW, Ireland—For the second time in less than 10 days, a major security provider has been acquired by a private equity firm. Netwatch has announced it has signed a definitive agreement to be acquired by GI Partners. Terms were not disclosed.
Just eight days after Allied Universal sold a majority stake of AMAG Technology to Shore Rock Partners, Netwatch has also chosen to utilize an investment firm to support its next stage of growth.
"We are very...
Allied Universal spins off AMAG Technology in strategic deal with Shore Rock Partners
December 9, 2025SSN Staff
IRVINE, Calif.—Allied Universal has announced that it has sold a majority stake in AMAG Technology to Shore Rock Partners, a New York-based critical infrastructure-focused growth investor.
Allied Universal, which acquired AMAG in 2021, will retain a substantial minority interest in AMAG. With the transaction, AMAG President David Sullivan will become CEO. Additional terms of the sale are not being disclosed.
AMAG is a global provider of integrated high-security access control, identity,...