Commercial
ALCEA and LRG Inc. announce security partnership
April 26, 2024SSN Staff
IRVING, Texas – ALCEA, formerly ASSA ABLOY Global Solutions – Critical Infrastructure (AAGS-CI), has announced an agreement with Houston-based LRG Inc.
As the internal systems integrator partner across the ASSA ABLOY ecosystem, ALCEA said it offers partners a comprehensive assortment of security solutions and access management systems. Ranging from security hardware, locks, and devices, to key management and access control systems, solutions that can be customized, digitalized and...
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...
Everon’s ‘momentum is real,’ says CEO Dan Bresingham
April 24, 2024Cory Harris, Editor
LAS VEGAS—Six acquisitions in six months. A rebranding that has employees excited. There’s lots going on in the world of Everon, formerly ADT Commercial.
The wave of M&A activity began in December with the acquisition of Newtech Systems, followed by Apex Integrated Security Solutions and Portland Safe in January, Riverside Integrated Systems and Customized Service Concepts in early February, and most recently, DIGIOP in March.
Security Systems News (SSN)...
Specifically Speaking: Ryan Brothers on increased collaboration
April 3, 2024Cory Harris, Editor
YARMOUTH, Maine—Ryan Brothers believes the line between integrators and consultants will become thinner in the future.
"Integrators will always procure and install parts, and consultants must remain independent, but the continuing rapid advancement of technology (hardware and software) and increasing requirements from clients for detailed plans and budgets will push integrators and consultants to work more hand in hand versus chronologically one after the other,” he said.
As...
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...
Pavion - 'Pillars' of M&A success
March 27, 2024Cory Harris, Editor
YARMOUTH, Maine—If you ask Pavion CEO Joe Oliveri and VP of M&A Sergio Katz what they look for in potential companies to acquire, they would each say they have pillars they look for when adding to their extensive portfolio.
And extensive it is. In fact, Pavion has made 20 acquisitions since the fire safety, security, and integration solutions provider itself was acquired by Wind Point Partners in 2020. Most recently, Pavion acquired Integrated Security and Communications (ISC) in January,...
Pye-Barker Fire & Safety acquires Absolute Fire Protection
March 19, 2024SSN Staff
ATLANTA – Pye-Barker Fire & Safety announced the expansion of its full fire code-compliance capabilities in the Mid-Atlantic with the acquisition of Absolute Fire Protection.
A fire sprinkler and fire alarm company headquartered in Annapolis, Maryland, Absolute Fire Protection serves the Washington-Baltimore metro area, all of Maryland and areas of Delaware. It was founded in 1989 by Larry Cate and Dan Mathias who met as Maryland high school freshmen and dreamed of starting their...
Sonitrol celebrates 60 years
March 11, 2024SSN Staff
TALLAHASSEE, Fla. – Sonitrol, a provider of integrated business security solutions, has reported a significant milestone having reached its 60th anniversary.
The company said it will commemorate its six decades of achievements over the coming months and has marked the occasion by joining the Partner Alliance for Safer Schools (PASS) in order to work with the education community to better secure schools and create safer learning environments. Established in 2014, PASS is a non-profit group...
RapidFire acquires Texas Star Fire Systems
March 6, 2024SSN Staff
ST. LOUIS – RapidFire Safety & Security recently announced its entry into the Texas market with the acquisition of Texas Star Fire Systems, a provider of fire protection and life safety services.
The company said that this acquisition establishes a foundational presence for RapidFire as it lays the course for rapid expansion in Austin, San Antonio, Houston, and the Dallas/Fort Worth area. Based in Austin and San Antonio, Texas Star will serve as RapidFire’s anchor as it expands throughout...
Carrier to sell industrial fire business to Sentinel Capital Partners for $1.425 billion
March 5, 2024SSN Staff
PALM BEACH GARDENS, Fla.—Carrier Global Corp. announced it has entered into a definitive agreement to sell its industrial fire business, which includes brands Det-Tronics, Marioff, Autronica and Fireye, to Sentinel Capital Partners for an enterprise value of $1.425 billion.
Today's announcement represents the latest step in Carrier's ongoing portfolio transformation following the recently announced agreements to sell Carrier's global access...