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Tag: Mergers & Acquisitions


Latch launches DPM, acquires The Broadway Company’s property management division

Residential

Latch launches DPM, acquires The Broadway Company’s property management division

March 28, 2024SSN Staff

BOSTON & ST. LOUIS – Latch, soon to be Door.com, have announced the launch of its property management division, Door Property Management, LLC (DPM), and the acquisition of the property management business of The Broadway Company (TBC). Latch’s acquisition will enable DPM to collect insights from direct management on a small portfolio of units in the Boston area, the company said. Latch stated that this strategic acquisition represents an opportunity for them to operate the entire property...

Door Property Management (DPM), Jamie Siminoff, Latch, Mergers & Acquisitions, property management, The Broadway Company (TBC)


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Pye-Barker Fire & Safety acquires Absolute Fire Protection

Commercial

Pye-Barker Fire & Safety acquires Absolute Fire Protection

March 19, 2024SSN Staff

ATLANTA – Pye-Barker Fire & Safety announced the expansion of its full fire code-compliance capabilities in the Mid-Atlantic with the acquisition of Absolute Fire Protection.  A fire sprinkler and fire alarm company headquartered in Annapolis, Maryland, Absolute Fire Protection serves the Washington-Baltimore metro area, all of Maryland and areas of Delaware. It was founded in 1989 by Larry Cate and Dan Mathias who met as Maryland high school freshmen and dreamed of starting their...

Absolute Fire Protection, Bart Proctor, fire alarm, Mergers & Acquisitions, Pye-Barker Fire & Safety


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Allegion Acquires Dorcas

Suppliers

Allegion acquires Dorcas

March 4, 2024SSN Staff

DUBLIN – Allegion has announced its acquisition, through one of its wholly owned subsidiaries, of Dorcas (Montajes electronicos Dorcas S.L.). A leading manufacturer of electro-mechanical access control solutions, Dorcas is a privately held company based in Siete Aguas (Valencia region), Spain, where it specializes in the production of electric strikes, electro-mechanical and electro-magnetic locks, as well as complementary access control solutions and door control products. Dorcas solutions...

Access Control, Allegion, Dorcas, Mergers & Acquisitions, Pablo Ibáñez, Tim Eckersley


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Everon acquires DIGIOP

Commercial

Everon acquires DIGIOP

March 4, 2024SSN Staff

BOCA RATON, Fla. – Everon, formerly ADT Commercial, has announced that it has acquired DIGIOP, a software development company specializing in video and business intelligence solutions. “As a leading integrator and technology company, we recognize the major market shifts occurring every day across our industry. We’re not here to just witness the trends, but to provide our customers with proactive, intelligence-driven solutions that seamlessly integrate into their businesses,”...

ADT Commercial, Dan Bresingham, DIGIOP, Everon, Mergers & Acquisitions, Mike Compton


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Owen Security Solutions makes 3 acquisition in Southern California

Commercial

Owen Security Solutions makes three acquisitions in Southern California

February 9, 2024SSN Staff

ATLANTA – Owen Security Solutions Inc. recently announced a series of three acquisitions over the course of 2023 - Leading Edge Sound & Security, Swat Security, and Beacon Security - all based in the Greater Los Angeles market. Additionally, the company stated that with this venture into a new market, Owen Security has rebranded in California as Owen Smart Video Solutions Inc to best cater and serve its clients and continued growth in the region. “Owen Smart Video will...

Beacon Security, Elizabeth Courtney, Justin Owen, Leading Edge Sound & Security, Mergers & Acquisitions, Owen Security Solutions, Swat Security


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Everon acquires Riverside Integrated Systems

Commercial

Everon acquires Riverside Integrated Systems

February 7, 2024SSN Staff

BOCA RATON, Fla. – Everon recently announced the purchase of Riverside Integrated Systems, Inc., based out of Grand Rapids, Mich. This will be the fifth acquisition that Everon has completed since emerging as a standalone organization in October 2023, and its fourth this year. With the purchase of Riverside Integrated Systems, Inc., Everon said it continues to deliver on its promise for geographic and service coverage expansion across the U.S. “This is an exciting time for...

Dan Bresingham, Everon, Mergers & Acquisitions, Riverside Integrated Systems, Tom Kramer


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ASSA ABLOY sees strong performance in commercial, but residential still challenging

Residential

ASSA ABLOY sees strong performance in commercial, but residential still challenging

February 7, 2024Ken Showers, Managing Editor

STOCKHOLM – While ASSA ABLOY reported strong gains in its commercial business in the fourth quarter, there's a clear drag on profits in its residential business. It was a strong quarter in many respects for the global manufacturing company, managing a total of six acquisitions in the quarter, and a record number of acquisitions for the year. Several of those acquisitions were in the South American market, where ASSA ABLOY President and CEO Nico Delvaux said the company continues...

Assa Abloy, biometrics, Fourth Quarter (Q4), HID Global, Mergers & Acquisitions, Nico Delvaux, Residential, Spectrum Brands’ Hardware and Home improvement division (HHI)


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Everon acquires Customized Service Concepts

Commercial

Everon acquires Customized Service Concepts

February 6, 2024SSN Staff

BOCA RATON, Fla. – Everon has announced the purchase of Customized Service Concepts, LLC (CSC), a regional banking security integrator with locations in New Hampshire and Connecticut. This is the fourth acquisition for Everon since emerging as a standalone organization in October 2023, and its third completed in Q1 2024. With the purchase of CSC, Everon said it is focused on enhancing its service capabilities for banking and financial institutions in the New England area and across the Northeast. “Welcoming...

Customized Service Concepts, Dan Bresingham, Everon, Mergers & Acquisitions, security integrator


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Mission Critical Partners Celebrates its 15th Anniversary

Commercial

Mission Critical Partners celebrates its 15th anniversary

February 2, 2024SSN Staff

STATE COLLEGE, Pa. – Mission Critical Partners (MCP) has announced the 15th anniversary of its founding as a firm providing consulting and managed services to public safety, justice, and government organizations. Since its 10th milestone anniversary, MCP said that it’s experienced impressive growth. Over the last five years, six acquisitions were made that greatly expanded the firm’s service portfolio and subject-matter expertise. Simultaneously, the firm’s roster of subject-matter...

Cybersecurity, Darrin Reilly, Mergers & Acquisitions, Mission Critical Partners (MCP), public safety


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Also Noted

RapidFire acquires Paraclete Fire & Safety

January 31, 2024SSN Staff

ST. LOUIS – RapidFire Safety & Security (RapidFire) has announced the acquisition of Paraclete Fire & Safety, a 33-year-old fire extinguisher, alarm, inspection, suppression, and sprinkler provider in Brea, Calif., serving the Greater Los Angeles area. RapidFire said that the acquisition of Paraclete cements itself as a world-class curator of people-centric, family-built businesses throughout the Midwest, Southwest and Western United States. “In my decision to work...

alarm, Allen Quirk, Mergers & Acquisitions, Mike McLeod, Paraclete Fire & Safety, RapidFire Safety & Security (RapidFire)


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