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Tag: Mergers & Acquisitions


Pye-Barker acquires security integrator Vermillion Systems

Commercial

Pye-Barker acquires security integrator Vermillion Systems

May 23, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety has revealed it will now operate in Central Indiana after acquiring fast-growing security systems integrator Vermillion Systems. Pye-Barker said it remains steadfast in its commitment to provide full-service life safety offerings to better protect communities throughout the United States. Founded in 1999 by David Vermillion, Vermillion Systems is headquartered in Walkerton, Indiana, outside of South Bend and provides fire alarm monitoring, video surveillance,...

Access Control, Bart Proctor, David Vermillion, integrator, Mergers & Acquisitions, monitoring, Pye-Barker Fire & Safety, Vermillion Systems, Video Surveillance


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Pye-Barker acquires Southern Burglar and Fire Alarm Company

Commercial

Pye-Barker acquires Southern Burglar and Fire Alarm Company

May 17, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety is expanding in South Carolina with the acquisition of the 99-year-old security solutions provider Southern Burglar and Fire Alarm, Co. The companies noted that they are excited to provide expanded services to existing customers through the partnership. Southern Burglar and Fire Alarm, Co., headquartered in Belton, South Carolina, provides burglar alarm, fire alarm, CCTV, video surveillance and alarm monitoring services throughout Upstate South Carolina....

Bart Proctor, CCTV, fire alarm, Hack Clinkscales, Mergers & Acquisitions, monitoring, Pye-Barker Fire & Safety, Southern Burglar and Fire Alarm, Video Surveillance


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Doyle Security Systems acquires security division of DFT Communications

Commercial

Doyle Security Systems acquires security division of DFT Communications

May 13, 2024SSN Staff

ROCHESTER, N.Y. - Doyle Security Systems Inc. has announced the acquisition of the security division of DFT Communications (Dunkirk & Fredonia Telephone Company), a family-owned company founded in Fredonia, N.Y., in the 1890s. The company relayed that DFT’s 2,100 security accounts (55% of which are commercial, 45% residential) will now be monitored by Doyle Security’s emergency response center, while service and installation work will continue to be provided by DFT Security employees...

commercial, DFT Communications (Dunkirk & Fredonia Telephone Company), Doyle Security Systems, Jack Doyle, Mergers & Acquisitions, Residential


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ASSA ABLOY seeks to ‘protect the bottom line’ in US

Residential

ASSA ABLOY seeks to ‘protect the bottom line’ in U.S.

May 1, 2024Ken Showers, Managing Editor

STOCKHOLM – As challenges continue to mount in the residential security market in the U.S., ASSA ABLOY is making sure it “adapts cost to the new reality,” says President and CEO Nico Delvaux.  “It's clear that we continue to operate in an uncertain economic climate,” he said. “As I said in previous quarters, we will continue to take advantage of those opportunities we see in the market. There are still regions where we see very good momentum. There...

2024, Assa Abloy, First Quarter (Q1), Mergers & Acquisitions, Nico Delvaux, Residential Security


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Allegion off to 'solid start’

Suppliers

Allegion off to 'solid start’

May 1, 2024Ken Showers, Managing Editor

DUBLIN – A healthy institutional market helped Allegion plc beat earnings estimates in the first quarter (Q1) of 2024, the fourth quarter in a row.  “Allegion is off to a solid start in 2024, and I'm very proud of our entire team,” Allegion CEO John Stone told investors. “Institutional markets remain healthy as we expected, our team continues to leverage our capabilities in spec writing, made-to-order manufacturing and strong distribution partnerships to best serve...

Allegion, Boss Door Controls, Dorcas, First Quarter (Q1), John Stone, Mergers & Acquisitions


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Pye-Barker Acquires Alarm Specialists

Commercial

Pye-Barker acquires Alarm Specialists

April 30, 2024SSN Staff

ATLANTA – Pye-Barker Fire & Safety has acquired Alarm Specialists Inc., a security and fire alarms systems provider serving the New York-Connecticut-New Jersey area. An acquisitive company on a hot streak, Pye-Barker has grown to 6,000 team members serving customers across 40 states. Headquartered north of New York City in White Plains, N.Y., Alarm Specialists services, installs and designs custom security and fire detection systems, including video surveillance, CCTV, access control,...

Alarm Specialists, Bart Proctor, fire alarms, Gary Davis, Mergers & Acquisitions, Pye-Barker Fire & Safety


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RapidFire acquires Albuquerque Low Voltage

Commercial

RapidFire acquires Albuquerque Low Voltage

April 24, 2024SSN Staff

ST. LOUIS – RapidFire Safety & Security (RapidFire) has announced the acquisition of Albuquerque Low Voltage, a full-service fire alarm and fire protection service provider in Albuquerque, N.M. This addition represents the second acquisition in the New Mexico market for RapidFire and further establishes its presence in the American Southwest. Established in 2001, RapidFire said that Albuquerque Low Voltage has had a consistent emphasis on customer service and taking care of...

Albuquerque Low Voltage, Brian Modglin, fire alarm, Mergers & Acquisitions, RapidFire Safety & Security (RapidFire)


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Resideo acquiring Snap One for $1.4 billion

Residential

Resideo acquiring Snap One for $1.4 billion

April 15, 2024SSN Staff

SCOTTSDALE, Ariz., and CHARLOTTE, N.C. – Resideo Technologies has agreed to acquire Snap One Holdings for $10.75 per share in cash, for a transaction value of approximately $1.4 billion, inclusive of net debt. Upon closing, Snap One will integrate into Resideo's ADI Global Distribution business. “The acquisition of Snap One is an exciting step in Resideo’s continued transformation through portfolio optimization, operational enhancements and structural cost savings actions,”...

ADI, Jay Geldmacher, John Heyman, Mergers & Acquisitions, Resideo Technologies, Security Systems News (SSN), Snap One


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ASSA ABLOY acquires Nomadix and GlobalReach

Commercial

ASSA ABLOY acquires Nomadix and Global Reach

March 29, 2024SSN Staff

STOCKHOLM – ASSA ABLOY has signed an agreement to acquire Nomadix and Global Reach, U.S. and UK-based providers of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industry. The companies offer a comprehensive tech platform of hardware, software and analytics tools to securely connect and engage with customers and devices via Wi-Fi networks. "I am very pleased to welcome Nomadix and Global Reach into the ASSA ABLOY Group. This...

Assa Abloy, commercial, Global Reach, Mergers & Acquisitions, Nico Delvaux, Nomadix, Ted Helvey


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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, has 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...

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


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