Tag: Alper Cetingok
Election, interest rate uncertainty will give way to ‘huge overhang of money’ in 2025
November 6, 2024Cory Harris, Editor
NEW YORK—The security industry’s financial outlook appears to be on an upswing, according to three experts who offered their investment insights during the recent Security Industry Association’s (SIA’s) Securing New Ground (SNG) conference.
M&A acceleration in 2025
John Mack, executive vice president, Imperial Capital, pointed out that YTD global M&A activity rose 14% to $846.8 billion compared to 2023; however, U.S. activity was down 8% to $338...
‘Selective growth’ in M&A activity predicted for second half of 2024, Cetingok says
May 22, 2024Cory Harris, Editor
DALLAS—While market conditions might be conducive to increased M&A activity in the security space this year, not so fast, says Alper Cetingok, senior managing director for Raymond James & Associates.
Cetingok’s M&A forecast for the last six months of the year sees buyers remaining more selective, while some sellers are delaying processes due to market conditions and persistent gaps in valuation expectations.
“We're going to see some growth, I think,...
SIA reveals program for 2022 Securing New Ground conference
August 22, 2022SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has announced the 2022 schedule, speaker lineup and program for Securing New Ground (SNG), the security industry’s executive conference taking place Oct. 18-19 at the Intercontinental Times Square in New York City.
At SNG 2022, the security industry will gather for top-level information sharing, networking and business analysis.
This year’s Securing New Ground conference will shape industry trends...
JCI and Tyco announce post-merger executive line-up
May 27, 2016Martha Entwistle
MILWAUKEE and CORK, Ireland—Johnson Controls and Tyco International,�which announced plans to merge in January, today announced the post-merger executive line-up.
The deal is expected to close Oct. 1, 2016.
Seven corporate executive officers were named, and seven business leaders were announced.
Five of the seven corporate executive officers are JCI employees who currently hold the same role at JCI that they will at the combined company. Two of the corporate executive officers come...
Konica Minolta to buy Mobotix
March 30, 2016Martha Entwistle
TOKYO—Meet the newest outsider to enter the security industry: Konica Minolta, a $9 billion provider of office equipment and optical systems, has signed an agreement to acquire video surveillance provider Mobotix.Konica Minolta today announced an agreement to purchase 65 percent of Mobotix shares from company founder Ralf Hinkel. Konica and Mobotix plan to collaborate and use their proprietary technology to develop “next-generation network security solutions,” Konica said in an...
Apollo to buy ADT for $6.9 billion, combine with Protection 1
February 16, 2016Martha Entwistle
BOCA RATON, Fla.—Apollo has landed again. After years of rumors that ADT would be acquired by one entity or another, the home and business security giant today announced it has agreed to be acquired by Apollo Global Management for $6.9 billion ($42 per share). Apollo plans to combine ADT with Protection 1 and, according to an ADT news release, “will operate primarily under the ADT brand.”
Apollo, which manages $170 billion and is one of the world's largest private equity...
Johnson Controls to merge with Tyco
January 25, 2016Martha Entwistle
MILWAUKEE and CORK, Ireland—In a deal that brings strategic security capabilities and substantial tax benefits, Johnson Controls announced today that it will merge with Tyco. The deal was approved by the board of directors of both companies and is expected to close at the end of 2016.Johnson Controls shareholders will own approximately 56 percent of the equity of the combined company and receive aggregate cash consideration of approximately $3.9 billion. Current Tyco shareholders will own approximately...
Seqouin joins investment firm Raymond James
October 9, 2015SSN Staff
MEMPHIS, Tenn.—Raymond James has hired Stephan Segouin as a managing director in the firm's Security, Defense & Government Services Investment Banking practice. Segouin will work with group co-head Alper Cetingok to provide a full range of M&A advisory and capital-raising services to companies in the global security sector.
Segouin has more than 23 years of finance and deal experience on both the corporate and investment bank sides. He joins Raymond James from ADT, the largest provider of alarm...
Raymond James goes to Washington
July 8, 2015Martha Entwistle
WASHINGTON—Investment banking group Raymond James now has an office here and has added five new bankers to its Security, Defense and Government Services practice.Alper Cetingok, co-head of the Security, Defense and Government Services practice said Raymond James hired John Haggen, who will also serve as co-head of the security practice and as managing director. Haggen comes to Raymond James from BB&T Capital Markets.Cetingok said he's known Haggen for 10 years and lauded his expertise in the...