Tag: M&A

LYNN, Mass.—Wayne Alarm Systems, Inc., a family owned and run life safety and security provider with UL central station monitoring, announced that it has acquired North Shore Protection, Inc., further increasing Wayne Alarm’s share in the greater Boston area as the company continues to grow and expand. “The combination of North Shore Protection with our company increases our market share, adds to our geographic presence and provides our new clients with even greater access to...

LONDON and DALLAS—Triton, a UK-based private equity firm, has signed an agreement to acquire ACRE, an end-to-end security solutions provider based in Dallas and Dublin, Ireland, with brands that include Vanderbilt, RS2, Open Options, ComNet, and Razberi. Triton will invest alongside the current management team of ACRE.  ACRE’s previous majority investor, LLR Partners, who has partnered with the company since 2013, will exit the business. Houlihan Lokey acted as...

Sorry about the classic movie reference – cue that epic western movie theme music now please – but this year will be remembered as one of the most challenging in American history, and the security industry has not been immune, with the impact of this past year being felt in all facets of the industry, certainly some more than others. The 2020 M&A market, in particular, has had some wild activity. Just in the last six months alone we have seen some big deals, most notably: Allied...

YARMOUTH, Maine—Results from Security Systems News’ recent News Poll confirm what we here at SSN have been seeing over the last few months within security, which is a noticeable increase in M&A activity. The arrival of COVID earlier this year may have put a temporary delay on some deals, but over the past few months the M&A landscape has certainly opened up, with deals both big and small making headlines recently. Looking big picture, three quarters of respondents agree that there...

Recent mega deals — Alarm.com acquiring OpenEye and ADT bringing on I-View Now — couldn't be timelier as this month's News Poll looks at the topic of M&A, which seems to be as active as ever with big deals hitting what seems like weekly. These two deals, which happened within the same week, are making waves in both the residential and commercial markets. SSN caught up with John Mack, executive vice president and co-head of Investment Banking with Imperial Capital, which represented OpenEye...

YARMOUTH, Maine—Over the last few years, Security Systems News has covered hundreds of mergers and acquisitions, and it seems M&A in the security industry is still as hot as ever. In this month's News Poll we asked our readers for their thoughts about M&A in our industry.When comparing 2019 to 2018, more than half (54 percent) said M&A activity was about the same, with 31 percent saying they felt like there was more activity this year, and 15 percent saying there was less activity this year.“The...

This week Security Systems News reported on the sixth acquisition this year for both Convergint Technologies and ADS Security, two companies that have been very active this year on the M&A front, representing a continuing trend in this “year of the acquisition.” It turns out that the M&A landscape overall is very strong and will continue to offer opportunities for companies looking to acquire and for companies looking to be acquired, according to Imperial Capital. During his keynote presentation,...

There was not a free chair in the Lakehouse conference room here at PSA-TEC in Westminster, Colo. yesterday afternoon during two panel discussions that addressed topics such as: M&A, cybersecurity and managed services. John Mack Imperial Capital said that there's been “more significant M&A activity in the past year than in the previous 30 years.” He called that “generally good news” and predicted M&A activity will continue. He noted that new entrants into the security industry...

MEMPHIS, Tenn.—Raymond James has hired Stephan Segouin as a managing director in the firm's Security, Defense & Government Services Investment Banking practice. Segouin will work with group co-head Alper Cetingok to provide a full range of M&A advisory and capital-raising services to companies in the global security sector. Segouin has more than 23 years of finance and deal experience on both the corporate and investment bank sides. He joins Raymond James from ADT, the largest provider of alarm...

AlarmForce, a super-regional security company based in Toronto, announced that its board of directors is taking a look at selling the company. The company has hired Imperial Capital to help it with a possible sale. The company's market cap value today is listed as $135m and its enterprise value is $119m. I asked Richard Ginsburg, former CEO of Protection One who is now managing partner at G3 Capital Partners, what he thought about the sale of AlarmForce. He said he thought the company is well run...