Tag: Anixter

GLENVIEW, Ill.—Like many of us, security integrators and installers are also following stay-at-home orders, producing extra time on their hands. Anixter suggests using this time to earn continuing education credits from the comfort of their homes. Anixter Universityoffers BICSI- and AVIXA-accredited courses for free and on-demand. Courses follow a non-sales, non-product-specific curriculum, and cover technologies and best practices for data centers, network installation, physical security,...

PITTSBURGH and GLENVIEW, Ill.—On Jan. 6, after a month-long bidding war with an affiliate of private equity firm Clayton, Dubilier & Rice, which first proposed purchasing Anixter for $3.8 billion in October 2019, the Glenview, Illinois-based company announced a merger agreement with Pittsburgh-based WESCO International.Boards of both Anixter and WESCO unanimously approved a $4.5 billion cash-and-stock deal, according to the announcement. The agreement needs shareholders' and regulators' approvals,...

GLENVIEW, Ill.—Anixter International Inc., a global distributor of Network & Security Solutions, Electrical & Electronic Solutions and Utility Power Solutions, has entered into a definitive agreement with an affiliate of Clayton, Dubilier & Rice to be acquired in an all cash transaction valued at approximately $3.8 billion. The transaction will result in Anixter becoming a private company and is expected to close by the end of the first quarter of 2020.“We believe this transaction is...

WOODBURY, N.Y.—Tri-Ed, a distributor, announced the opening of a new branch in Memphis and the intention to co-locate two new locations with Clark Security, a locksmith division of Tri-Ed's parent company Anixter.Co-locating will benefit “the customer base from Clark, as they migrate from the mechanical into the electrical locking business. They'll have a single stop shop, as Tri-Ed offers more of the electrical locking products,” Pat Comunale, Tri-Ed president and CEO, told Security...

YARMOUTH, Maine—News happens daily in the security industry, and most of Security Systems News' readers stay current through online sources and what's sent out through email, according to SSN's latest News Poll.When it comes to news, “[The] preference is on relevance—what will help the company be better positioned for business growth now and in the immediate future and what solutions will best fit our customers and their long-term strategy,” John Wilkinson, general manager...

YARMOUTH, Maine—Definitions matter when talking about PSIMs, said 48 percent of Security Systems News' readers in the latest News Poll—it's difficult to sell what isn't understood, they said.A majority—60 percent—said a physical security information management system [PSIM] needs to be vendor agnostic and bring together disparate systems.“PSIM is a very unique and exact term in my opinion. It is a vendor that produces a 'manger of managers' type of platform,” said...

MIAMI—Mission 500, the non-profit initiative focusing on the security industry and dedicated to serving the needs of children and communities in crisis, broke its record and raised more than $120,000 at ISC West this year through its sixth annual Security 5K/2K Run/Walk and other events. Meanwhile, the group is seeking new donations to help children displaced as a result of the devastating April 25 earthquake in Nepal. Go here for information. So far, with help from the security industry, it...

LAS VEGAS—At the 2015 ISC West show, exhibitors put a lot of thought into their booths—rather literally with Hikvision's “Thought Theater”—and some companies, like IDIS, are using big booths at ISC West to introduce themselves to the industry.IDIS, a global manufacturer, is setting up a 2,800 square-foot booth—one of the top 10 biggest booths at the show this year—as a first time exhibitor. This booth heralds IDIS' entrance into the U.S. market, IDIS said.The...

WOODBURY, N.Y.—With the acquisition of national distribution company Tri-Ed complete, Anixter on Nov. 5 announced that the new security division will retain the Tri-Ed brand name and that Pat Comunale will serve as president of global security solutions.Comunale told Security Systems News he's more invigorated today about the possibilities for Tri-Ed than he was 10 years ago when the distribution company was launched.“The opportunity is much larger than building a brick-and-mortar business,”...

WOODBURY, N.Y.—As promised when it was acquired by private equity firm Audax Group in April, Tri-Ed/Northern Video is expanding. The independent national distributor on July 16 announced the acquisition of Seabreeze Security Distributors of Orlando, Fla., and announced plans to open two new branches: one in Detroit and one in Raleigh, N.C.In addition to backing from Audax, the possibility of an increase in the capital gains tax is pushing deals along, Pat Comunale, Tri-Ed/Northern president...