Tag: Joe Grillo

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...

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...

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...

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...

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...

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...