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ACRE LLC acquires ComNet

December 14, 2016Paul Ragusa

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. “We saw the opportunity to acquire a unique property that has very specialized products that was growing and profitable,” ACRE CEO Joe Grillo told Security Systems News. “A...

Access Control Technologies (ACT), acre, Communication Networks LLC, Comnet, Joe Grillo, Mercury Security, Vanderbilt Industries