Tag: CheckView
CCL to buy Checkpoint in $443m deal
March 2, 2016Martha Entwistle
THOROFARE, N.J.—In a transaction valued at $443 million, Checkpoint Systems, a supplier of retail security and asset management solutions, today announced that it has agreed to be acquired by CCL Industries, a specialty packaging solutions company, for $10.15 per share in cash.It's a deal that integrators who do retail security will be interested in, Imperial Capital's Jeff Kessler told Security Systems News.Checkpoint Systems directly competes with Tyco's Sensormatic division, and to a lesser...
Iverify acquires Checkview
April 1, 2015Martha Entwistle
CHARLOTTE, N.C.—Video monitoring company Iverify doubled the size of its business with the March 26 acquisition of Checkview, a provider of loss prevention and security services for national accounts.The deal includes 170 new employees, bringing Iverify's employee count to almost 500. It adds a monitoring station in Minnesota. It also expands Iverify's reach into Canada, as Checkview has a Toronto office and employees throughout Canada.The acquisition also brings Checkview new technology capabilities....
Checkpoint sells CheckView; Richmond honored for ASAP
March 27, 2013Rich Miller
Checkpoint Systems, a global supplier of loss-prevention products and solutions for the retail industry, announced earlier this month that it was negotiating the sale of its CheckView integration and monitoring business. On Monday, the buyer was ID'd: Platinum Equity, a California-based private equity firm, which will make the deal for $5.4 million.
In a blog Tuesday, Seeking Alpha analyst Brenon Daly called the deal “one of the more financially lopsided divestitures we've seen in...
Checkpoint plans to sell CheckView, monitoring center
March 6, 2013Rich Miller
THOROFARE, N.J.—Checkpoint Systems, a global supplier of loss-prevention products and solutions for the retail industry, announced this week that it is planning to sell its CheckView business, including CheckView's monitoring center in Minnesota.In a news release, Checkpoint said its board of directors had determined that CheckView could better serve its customers “as an independent, entrepreneurial and more focused organization.” Negotiations were under way with a potential buyer...