Tag: Triton
Bosch: Selling security product business to Triton a ‘strategic’ move
December 18, 2024Cory Harris, Editor
STUTTGART, Germany—Bosch’s sale of its security and communications technology product business to investment firm Triton was a strategic move designed to focus on the company’s systems integration business, says Christian Fischer, deputy chairman of the board of management of Robert Bosch GmbH.
The divestiture of Bosch’s Building Technologies division’s product business for security and communications technology to the London-based Triton, which encompasses three...
Bosch sells security, communications technology product business to Triton
December 12, 2024SSN Staff
STUTTGART, Germany—Bosch has announced the sale of its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. Terms of the deal were not disclosed.
The transaction encompasses three business units – Video, Access and Intrusion, and Communication – that represent the entire product business of Bosch Building Technologies that was offered for sale.
Outlook for the future and a new departure for...
Triton acquires Wavelynx Technologies
October 17, 2023SSN Staff
BROOMFIELD, Colo. – Triton announced it has signed an agreement to acquire Wavelynx Technologies, a provider of secure and open mobile-first identity and access control solutions.
The terms and conditions of the transaction, which sees Triton and Wavelynx’s co-founders and management invest alongside each other in partnership, were not disclosed. A release clarified that Wavelynx will be an independent Triton portfolio company.
Wavelynx operates in the access control...
SSN interview with ACRE CEO Don Joos
January 16, 2023Ken Showers, Managing Editor
LAS VEGAS – Don Joos took the helm as CEO of ACRE, a global provider of networking and security solutions, back in May of 2022, and this week Security Systems News sat down with him to discuss how things are going and what’s next for ACRE in 2023.
SSN: Mr. Joos, please tells us a little bit about yourself, and how you’re settling into the company.
Joos: From a background perspective, you know I've spent pretty much all my career in technology, and I've...
ACRE completes acquisition of Security Identification Systems Corporation
September 8, 2022SSN Staff
DALLAS—ACRE, a provider of state-of-the-art security systems, announced it has completed its acquisition of Security Identification Systems Corporation (SISCO). Financial terms were not disclosed.
The combination of ACRE's comprehensive security technology portfolio with SISCO's solutions for credentialing and visitor management fortifies the ability to deliver a wide range of complementary technology options to ACRE's customer base.
Founded in 1994 in South Florida,...
ACRE acquired by Triton
March 12, 2021SSN Staff
LONDON and DALLAS—Triton, a UK-based private equity firm, has signed an agreement to acquire ACRE, an end-to-end security solutions provider based in Dallas and Dublin, Ireland, with brands that include Vanderbilt, RS2, Open Options, ComNet, and Razberi.
Triton will invest alongside the current management team of ACRE. ACRE’s previous majority investor, LLR Partners, who has partnered with the company since 2013, will exit the business. Houlihan Lokey acted as...