Tag: Triton

BROOMFIELD, Colo. – Triton announced it has signed an agreement to acquire Wavelynx Technologies, a provider of secure and open mobile-first identity and access control solutions. The terms and conditions of the transaction, which sees Triton and Wavelynx’s co-founders and management invest alongside each other in partnership, were not disclosed. A release clarified that Wavelynx will be an independent Triton portfolio company.  Wavelynx operates in the access control...

LAS VEGAS – Don Joos took the helm as CEO of ACRE, a global provider of networking and security solutions, back in May of 2022, and this week Security Systems News sat down with him to discuss how things are going and what’s next for ACRE in 2023. SSN: Mr. Joos, please tells us a little bit about yourself, and how you’re settling into the company. Joos: From a background perspective, you know I've spent pretty much all my career in technology, and I've...

DALLAS—ACRE, a provider of state-of-the-art security systems, announced it has completed its acquisition of Security Identification Systems Corporation (SISCO).  Financial terms were not disclosed. The combination of ACRE's comprehensive security technology portfolio with SISCO's solutions for credentialing and visitor management fortifies the ability to deliver a wide range of complementary technology options to ACRE's customer base.  Founded in 1994 in South Florida,...

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...