Tag: Joe Grillo

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...

LAS VEGAS—ACRE, a global security company, announced it has entered into a definitive agreement to acquire RS2 Technologies in Munster, Ind., a deal that enhances ACRE's strategic expansion plans for strengthening its access control business and product portfolio.“RS2 is a well-known brand, and rapidly growing company that is well known for its technical expertise on the software side with a very good reseller network,” ACRE CEO Joe Grillo told Security Systems News. “The...

LAS VEGAS—ACRE, a global security services and products company, announced today it has entered into a definitive agreement to acquire Open Options based in Addison, Texas. This purchase will enhance ACRE's strategic expansion plans for strengthening its access control business and product portfolio, particularly in North America.Financial details of the transaction were not released. The transaction is expected to close in the fourth quarter of 2018.ACRE's CEO, Joseph Grillo, stated that this...

ACRE, a global leader in providing security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, announced today the promotion of Andrew Acquarulo Jr. to president of ACRE Americas. Ronald Virden, who was recently named ACRE COO, will also assume the role of president of ACRE International. The evolution of the company's leadership roles will allow ACRE to refocus its efforts based on geographic regions, providing greater alignment between its Vanderbilt...

LAS VEGAS—ACRE, a global provider of security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, announced the appointment of Ronald Virden as chief operating officer, effective April 1, 2018.With extensive experience in senior leadership roles with global entities, Virden will help to elevate ACRE's position in the electronic security marketplace, seek new opportunities for growth, and strengthen the momentum following recent strategic deals.“Following...

LAS VEGAS—Access Control Related Enterprises LLC, owner of Vanderbilt and ComNet, recently announced the sale of Mercury Security Products to HID Global, a brand under ASSA ABLOY. Mercury is a supplier of OEM access control hardware.“As Mercury Security became a less well-kept secret over the years, ACRE had often taken calls from prospective buyers interested in whether the property might be available. After an internal strategic assessment, the Board determined it should explore interest...

NEW LONDON and DANBURY, Conn.—ACRE LLC, the holding company that owns Vanderbilt Industries, Mercury Security and recently acquired ACT in Ireland, announced this week the acquisition of Communication Networks LLC (ComNet), a manufacturer of video and data transmission equipment based in Danbury, Conn.“We saw the opportunity to acquire a unique property that has very specialized products that was growing and profitable,” ACRE CEO Joe Grillo told Security Systems News. “A large...

WIESBADEN, Germany—Vanderbilt, a global security systems provider, finalized on Nov. 1 its purchase of Access Control Technology Ltd., a Dublin-based company that specializes in cloud-based access control and video management solutions.Vanderbilt CEO Joe Grillo said the integration of ACT's product line into Vanderbilt's core offering brings significant depth to the company's access control and video surveillance while also bringing a new cloud-based solution to the portfolio. Financial details...

LONG BEACH, Calif.—Matthew Barnette today was named president of access control manufacturer Mercury Security.Barnette comes to Mercury from AMAG Technologies, where he held several leadership positions since 2004, most recently as president. AMAG Technologies has not named a replacement for Barnette and declined comment when contacted by Security Systems News.Founded in 1992, Mercury Security is the largest global provider of OEM access control panels, with an installed base of more than 3...

Vanderbilt Industries on Monday announced it has completed the acquisition of the Security Products business from Siemens. The deal, announced in October, expands Vanderbilt's footprint, R&D capabilities and product portfolio. The Siemens' division has been rebranded as Vanderbilt and is headquartered in Wiesbaden, Germany. Joseph Grillo, Vanderbilt managing director, spoke to Security Systems News in November about the deal. Here's a llink to that story where he said Vanderbilt will look for more...