Advent Systems, Inc. News

Top ten security industry mergers and acquisitions of 2019

Two of the most familiar names in the physical security market – Pelco and Panasonic – underwent ownership changes during 2019. Consolidation continued on multiple other fronts. Security service companies, video companies and access control companies were all among the entities involved in merger and acquisition (M&A) activity during the last 12 months. In short, the industry landscape continues to transform in response to a changing market. Here's a look at the Top 10 M&A s...

Allied Universal expands integrated solutions technology business with Advent Systems, Inc. acquisition

Allied Universal, global security and facility services company in North America, has recently announced the acquisition of Advent Systems, Inc., international low-voltage integrator of IP video, access control, structured cabling and audio/visual systems based in Elmhurst, Illinois, a suburb of Chicago. Terms of the deal were not disclosed. Acquisition of Advent Systems "Adding Advent Systems helps us grow strategically and geographically especially within the Chicago market," said Steve Jone...