Tag: Mace Security
Mace Security moves headquarters
May 16, 2013SSN Staff
CLEVELAND—Mace Security International is moving its headquarters from Horsham, Pa., to Cleveland's Midtown neighborhood, according to a blog post from Cleveland.com.
Mace signed a 10-year lease on a 49,000-square-foot building that will house its headquarters and manufacturing operations, the article noted. The move comes after a rough patch for the business, which saw its stock fall precipitously in recent years.
The new headquarters will be located along Cleveland's health and technology...
Mace Security sells IVS
November 9, 2011Martha Entwistle
COPPELL, Texas—Mace Security on October 27 announced the sale of IVS to Costar Video Systems, which is based here. IVS is a distributor of high-end digital and machine vision cameras and professional imaging components, which has been in business since 1989.Costar paid $517,000 cash at closing plus an additional $100,000 consideration payable if certain revenue levels are achieved by Costar in the first 90 days following the sale.Jim Pritchett, CEO of Costar, said his security operation benefits...