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Joe Grillo

ACRE announces senior leadership changes

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Wednesday, April 4, 2018

ACRE, a global leader in providing security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, announced today the promotion of Andrew Acquarulo Jr. to president of ACRE Americas. Ronald Virden, who was recently named ACRE COO, will also assume the role of president of ACRE International. The evolution of the company's leadership roles will allow ACRE to refocus its efforts based on geographic regions, providing greater alignment between its Vanderbilt and ComNet brands in the Americas, Europe, the Middle East and APAC. 

Virden, who will assume his expanded role effective June 1, 2018, will be based in Dublin, Ireland, and take over the Vanderbilt CEO role from Joe Grillo, who will continue to serve as ACRE CEO. All of the management of Vanderbilt's international operations, as well as ComNet's UK-based operations, will fall under Virden's purview. Virden will also remain COO of ACRE.

“Joe [Grillo] has had the foresight to create a successful independent security company, and as I contribute to adding to that legacy, it's critical to ensure ACRE continues upon its growth trajectory,” Virden said in the announcement. “I'm eager to take on the additional responsibility as President of ACRE International, focusing on growing and streamlining operations across its global markets.”

As president of ACRE Americas, Acquarulo will be responsible for the strategic vision, operations and sales initiatives for both of the company's ComNet and Vanderbilt brands in the Americas under the ACRE moniker, effective April 1, 2018. Acquarulo has served as president and CEO for ComNet since 2010, leading the company's strategic vision across the United States, Europe, the Middle East and APAC. He played an instrumental role in positioning ComNet into developing more networked-based solutions and guiding it to offer a combination of fiber optic, electrical and wireless solutions to increase options for its global customer base. Acquarulo also helped transition the brand into the ACRE group in 2016.

“As the market continues to transition into one driven by emerging technologies, such as cloud services and intelligent platforms, ACRE is poised to continue its leadership role in these segments,” Acquarulo said in a prepared statement. “This evolution marks a tremendous opportunity for ACRE to extend its leadership position in the industry, and I look forward to being a part of it.”

Acquarulo will oversee sales and revenue growth, and prepare the brands for new expansion opportunities. He will report directly to Grillo and Virden.

“Andy had the foresight to help shift ComNet toward the emerging trends across the security and intelligent transportation systems market long before many of the company's competitors, and Ron brings a significant amount of global executive experience to our team,” said Grillo in the announcement. “ACRE continues to look for ways to streamline operations and make continued investments in its leadership team, which will help propel our brand forward and solidify our strength in the marketplace. We are also interested in positioning the ACRE brand for future expansion that will allow additional revenue streams and the addition of key markets across the globe.”

Founded in 2012, ACRE’s Vanderbilt and ComNet brands deliver advanced solutions to thousands of customers around the world. Today, ACRE employs more than 325 employees in more than 15 countries.
 

ACRE appoints Ron Virden as COO

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02/28/2018

LAS VEGAS—ACRE, a global provider of security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, announced the appointment of Ronald Virden as chief operating officer, effective April 1, 2018.

ACRE to sell Mercury Security to HID Global

HID plans for tighter integration between controllers and readers
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09/20/2017

LAS VEGAS—Access Control Related Enterprises LLC, owner of Vanderbilt and ComNet, recently announced the sale of Mercury Security Products to HID Global, a brand under ASSA ABLOY. Mercury is a supplier of OEM access control hardware.

ACRE LLC acquires ComNet

Deal adds telecom infrastructure to support video surveillance efforts
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12/14/2016

NEW LONDON and DANBURY, Conn.—ACRE LLC, the holding company that owns Vanderbilt Industries, Mercury Security and recently acquired ACT in Ireland, announced this week the acquisition of Communication Networks LLC (ComNet), a manufacturer of video and data transmission equipment based in Danbury, Conn.

Vanderbilt finalizes acquisition of ACT

Deal adds cloud-based solution to company’s product portfolio
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11/09/2016

WIESBADEN, Germany—Vanderbilt, a global security systems provider, finalized on Nov. 1 its purchase of Access Control Technology Ltd., a Dublin-based company that specializes in cloud-based access control and video management solutions.

Matt Barnette named president of Mercury Security

Former AMAG president takes over for Steve Wagner, who is retiring
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06/01/2016

LONG BEACH, Calif.—Matthew Barnette today was named president of access control manufacturer Mercury Security.

Siemens Security Products now part of Vanderbilt

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Wednesday, June 3, 2015

Vanderbilt Industries on Monday announced it has completed the acquisition of the Security Products business from Siemens.

The deal, announced in October, expands Vanderbilt’s footprint, R&D capabilities and product portfolio. The Siemens' division has been rebranded as Vanderbilt and is headquartered in Wiesbaden, Germany.

Joseph Grillo, Vanderbilt managing director, spoke to Security Systems News in November about the deal. Here's a llink to that story where he said Vanderbilt will look for more acquisitions.

And here's a link to a story about proprietary versus open systems. It's based on a TechSec educational session that Grillo participated in.

In Monday's announcement, Vanderbilt said it will expand beyond its presence here in North America and in Europe and is particularly interested in South America and Asia Pacific.
 


The Security Products division brings with it access control, intrusion alarm and video surveillance products. Its brand names include: Aliro, Alarmcom, Bewator, Cotag, Europlex, SPC and Vectis. Vanderbilt plans to retain existing brand names.
 


In a prepared statement, Grillo said the company has "a commitment to reinvest at least 10 percent of our annual revenue into new research and development, and therefore, look forward to introducing new innovations that exceed industry expectations and drive sustained growth

Deal closed: Vanderbilt buys Siemens Security Products

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06/01/2015

PARSIPPANY, N.J.—Vanderbilt Industries today announced it has completed the acquisition of the Security Products business from Siemens.

Proprietary vs. open systems: Open is preferred, but it’s harder to sell

Integrator, consultant and manufacturer discuss the drivers and limitations of both types of systems
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03/25/2015

DELRAY BEACH, Fla.—The debate over open systems versus proprietary systems is usually not a debate in the physical security industry. Open systems are generally thought of as better.

Vanderbilt eyes future acquisitions

Siemens Security Products deal to close in second quarter
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03/11/2015

WIESBADEN, Germany—Though Vanderbilt’s acquisition of Siemens Security Products will not close for another month, Vanderbilt CEO Joe Grillo says plans for more acquisitions and more collaboration between U.S. and overseas R&D groups are well underway.

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