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Tag: Mergers & Acquisitions


In latest acquisitions Pye-Barker grabs Cox Fire Protection, AlarmTech

Commercial

In latest acquisitions Pye-Barker grabs Cox Fire Protection, AlarmTech

July 2, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety made a pair of acquisitions recently on opposite ends of the country, expanding its reach in Washington and Florida. Pye-Barker acquired Cox Fire Protection, a southeastern fire protection company with three locations in Florida. Pye-Barker said that Cox Fire Protection has synergies with its nearby branches, enhancing the company's ability to provide long-term service and maintenance to commercial customers. Founded in 1984 by Ron and Linda Cox...

Access Control, AlarmTech, Bart Proctor, CCTV, Cox Fire Protection, fire alarm, Mergers & Acquisitions, Pye-Barker Fire & Safety


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ASSA ABLOY acquires Wesko Locks

Suppliers

ASSA ABLOY acquires Wesko Locks

June 26, 2024SSN Staff

STOCKHOLM — ASSA ABLOY announced that it has acquired Wesko Locks Ltd, a Canadian manufacturer and supplier of electronic and specialty locks. This acquisition marks the latest for ASSA ABLOY who also acquired access control developer and manufacturer Messerschmitt Systems in April, as well as wi-fi access and engagement platform solutions providers Nomadix and Global Reach in March this year. ASSA ABLOY’s aggressive acquisition strategy recently put it at odds with the U.S. Department...

Access Control, Assa Abloy, Lucas Boselli, Mergers & Acquisitions, Nico Delvaux, supplier, Wesko Locks


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Honeywell to acquire CAES

Commercial

Honeywell to acquire CAES

June 20, 2024SSN Staff

CHARLOTTE, N.C. — Honeywell has announced that it’s agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction. Honeywell said that this acquisition will enhance its defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal management. Combined, CAES' scalable offerings and Honeywell's...

Advent International, CAES Systems, Honeywell, Jim Currier, Mergers & Acquisitions, Mike Kahn, private equity, radio frequency (RF)


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Pye-Barker Acquires Brightspeed Security Systems

Commercial

Pye-Barker acquires Brightspeed Security Systems

June 18, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety will now be able to service customers in Arkansas and northern Louisiana thanks to its acquisition of Brightspeed Security Systems. Brightspeed, based in Monroe, La., inspects, services and installs fire alarm, fire detection, security and video surveillance systems in Louisiana, Arkansas and Texas. It also provides central monitoring services. Pye-Barker acquired Brightspeed Security Systems, which operated as CenturyLink Security prior to October 2022,...

Bart Proctor, Brightspeed Security Systems, Cassandra Ivy, Mergers & Acquisitions, monitoring, Pye-Barker Fire & Safety


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Allegion acquires Unicel Architectural

Suppliers

Allegion acquires Unicel Architectural

June 11, 2024SSN Staff

DUBLIN — Allegion plc, a global security products and solutions provider, through one of its subsidiaries, has acquired Unicel Architectural Corp. (Unicel Architectural). Based in Quebec, Canada, Unicel Architectural is a manufacturer of advanced glass, timber and aluminum building solutions that support privacy, safety, energy efficiency and sustainability for North America. The Unicel Architectural portfolio is primarily sold across Canada and the U.S. and installed in healthcare, education,...

Allegion plc, Dave Ilardi, Manufacturer, Mergers & Acquisitions, Samuel Doyon-Bissonnette, Unicel Architectural, Vincent Couturier


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Pye-Barker Fire & Safety gains five new locations with acquisition of Bates Security

Commercial

Pye-Barker Fire & Safety gains five new locations with acquisition of Bates Security

June 11, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety – a full-service fire protection, life safety and security services provider in the United States – has acquired Bates Security, a security and alarms systems provider in the Southeast. Bates Security is headquartered in Lexington, Ky., and operates additional offices in Prestonsburg, Ky.; Jacksonville, Fla.; Vero Beach, Fla.; and Lake Placid, Fla. With these additions, Pye-Barker said it will gain customers throughout Kentucky, Florida and...

Bart Proctor, Bates Security, Bryan Bates, Jeremy Bates, life safety, Mergers & Acquisitions, Pye-Barker Fire & Safety, Security Services


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Drako on Cobalt AI: ‘An open platform is a winning strategy’

Monitoring

Drako on Cobalt AI: ‘An open platform is a winning strategy’

June 5, 2024Ken Showers, Managing Editor

YARMOUTH, Maine — Dean Drako is a man with his thumb on the pulse of the security industry, and with his recent acquisition of Cobalt AI, he sees a diamond worth polishing.  The president and CEO of Eagle Eye Networks, IC Manage and Drako Motors, and now chairman of Cobalt AI, talked to Security Systems News (SSN) about this most recent addition to his portfolio, what drew him to the company and why he changed its name.  SSN: In a press release you mentioned that you were searching...

Artificial Intelligence (AI), Cobalt AI, Dean Drako, Eagle Eye Networks (EEN), interview, Mergers & Acquisitions, monitoring, security industry, Security Systems News (SSN)


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Dean Drako acquires Cobalt AI

Monitoring

Dean Drako acquires Cobalt AI

June 4, 2024SSN Staff

FREMONT, Calif., and AUSTIN, Texas — Dean Drako, president and CEO of Eagle Eye Networks, IC Manage, and Drako Motors, announced his acquisition of Cobalt AI (formerly Cobalt Robotics). As Cobalt’s owner, Drako will serve as the company’s chairman, while Ken Wolff, Cobalt’s CEO, will continue leading the company. Cobalt AI will operate as an independent company with its current management team and entire staff. Cobalt is known as a provider of AI alarm filtering, remote...

Access Control, Artificial Intelligence (AI), Cobalt AI, Dean Drako, Eagle Eye Networks (EEN), Ken Wolff, Mergers & Acquisitions, remote monitoring, security robots


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Pye-Barker closes out May with a pair of acquisitions

Commercial

Pye-Barker closes out May with a pair of acquisitions

May 29, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety has recently made a few more acquisitions to round out the month of May. On May 29th, Pye-Barker acquired Security Solutions Inc., a security, alarms and surveillance systems provider serving the Norwalk, Connecticut area. A family-run business for more than 30 years, Security Solutions has built a presence with customers from Greenwich to New Haven. Founded and led by the Orvis family, Security Solutions Inc. (SSI) offers security alarms, fire alarms,...

Bart Proctor, Electronic Security Association (ESA), James Orvis, Mergers & Acquisitions, Pye-Barker Fire & Safety, Scott Fire Protection, Security Solutions Inc. (SSI), Surveillance


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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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