Tag: mergers and acquisitions
Allied Universal acquires South Carolina-based American Security
May 17, 2022SSN Staff
SANTA ANA, Calif.—Allied Universal announced the acquisition of American Security, a top security provider in the Southeast region of the United States.
"I'm pleased to welcome American Security to the Allied Universal team. The transition will be seamless as American Security and Allied Universal share a deep commitment to our employees, as well as our customers and the communities we serve," said Steve Jones, Global Chairman & CEO of Allied Universal. "American Security will complement...
Dynamark acquires monitoring services provider, Excel Central
May 16, 2022SSN Staff
HAGERSTOWN, Md.—Dynamark Monitoring, Inc. has acquired Excel Central, Inc. of Cincinnati, Ohio. Excel has been a trusted provider of monitoring services to independent alarm dealers for over 30 years, with a reputation for personal service and a quality monitoring experience.
“The monitoring business has changed so much in the last few years, and I knew it was time to find the right partner for our dealers,” commented Excel owner Debbie Clark.
“We were thrilled to welcome...
Guardian Protection acquires Rampart Security Systems
December 6, 2021SSN Staff
PITTSBURGH—Guardian Protection announced the acquisition of Rampart Security Systems in Greensburg, Pennsylvania. Rampart has operated for 35 years, professionally installing monitored commercial and residential security systems. The acquisition includes 3,600 accounts and will increase Guardian’s customer base in its Western Pennsylvania footprint.
“Like Guardian, Rampart Security Systems is family-owned and deeply committed to the communities it serves and protects,”...
Dunbar leadership says recent acquisition enhances growth opportunities
November 15, 2021Kenneth Z. Chutchian
HUNT VALLEY, Md.—Dunbar Security Solutions’ recent acquisition of Integrity Systems, Inc. has its top officers thinking big. Dunbar was big before the deal was announced in October, but now Chief Operating Officer Andrew Maggio and President/CEO Kevin Dunbar see growth potential and market opportunities that can help their firm better navigate a tricky economy.
“This was our first systems integration acquisition,” said Maggio, noting that the acquisition expands Dunbar’s...
ASSA ABLOY to acquire HHI division of Spectrum Brands, includes Kwikset
September 9, 2021SSN Staff
STOCKHOLM—ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement (HHI) division of Spectrum Brands for a purchase price of $4.3 billion on a cash- and debt-free basis.
The transaction is conditional upon regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2021.
Spectrum Brands' HHI division is a leading provider of security, plumbing, and builders' hardware products to the North American...
SYNNEX merges with Tech Data in $7.2B deal
March 24, 2021SSN Staff
FREMONT, Calif. and CLEARWATER, Fla.—SYNNEX Corp. and Tech Data, which is wholly owned by funds managed by affiliates of Apollo Global Management, Inc., announced a merger agreement valued at approximately $7.2 billion, including net debt.
The combined company, with approximately $57 billion in estimated pro forma annual revenues and a team of over 22,000 associates and colleagues, will provide customers and vendors with expansive reach across products, services, and geographies to accelerate...
Is your merger and acquisition process as secure as you think?
December 2, 2019Max Emelianov
A merger or acquisition is extremely sensitive. You're looking at millions of dollars potentially changing hands, to say nothing of all the sensitive data and intellectual property. It should go without saying that security should be your number one priority; yet for some reason, many businesses seem to ignore it entirely.An organization in talks to acquire a startup is one-upped by a competitor that somehow knew the exact value of their offer.Identified as a redundancy, a disgruntled staffer makes...
Doing your due diligence
July 17, 2013Martha Entwistle
YARMOUTH, Maine—When a bank considers making a loan to a security company it goes through a standard due diligence process, so if you're a security company looking to acquire a competitor, “you should look for the same things that we look for in your business,” according to Jennifer Holloway, managing director in the Security Industry Group at The PrivateBank.Holloway's remarks were part of a presentation she gave during an educational session she participated in with Security Systems...