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Growth prospects positive for IR spinoff Allegion

December 3, 2013Martha Entwistle

DUBLIN, Ireland—Ingersoll Rand spinoff company, Allegion, is now an independent, pure play security company, “a $2 billion startup” with potential for continued growth in North America and big growth outside of North America, according to Allegion executives Dave Petratis and Tim Eckersley, as well as security analyst Jeff Kessler, who all spoke to Security Systems News.“Allegion has done exceptionally well in the U.S. bringing multiple brands together in a situation where...

Allegion, Dave Petratis, Imperial Capital, Ingersoll Rand, Jeff Kessler, LCN, Physical Security, Schlage, Tim Eckersley, University of Miami, Von Duprin