GTCR News

Everon, also known as ADT Commercial, a pioneering security integrator and premier provider of commercial security, fire and life safety in the U.S., announced the purchase of Riverside Integrated Systems, Inc. based out of Grand Rapids, MI. This is the fifth acquisition that Everon has completed since emerging as a standalone organisation in October 2023, and its fourth this year. With the purchase of Riverside Integrated Systems, Inc., Everon continues to deliver on its promise for geographic...

Everon, also known as ADT Commercial, a pioneering security integrator and premier provider of commercial security, fire and life safety in the U.S., announced the purchase of Customised Service Concepts, LLC (CSC), with locations in New Hampshire and Connecticut. This is the fourth acquisition that Everon has completed since emerging as a standalone organisation in October 2023, and its third completed in Q1 2024. With the purchase of CSC, Everon is focused on enhancing its service capabilitie...

Everon, also known as ADT Commercial, a security integrator and premier provider of commercial security, fire, and life safety in the U.S., announced the purchase of Apex Integrated Security Solutions, Inc., based out of Boise, Idaho, USA. Geographic expansion This is the third acquisition that Everon has completed since emerging as a standalone organisation in October 2023, and already the second in 2024, following the January 4 announcement that it had acquired Maine-based Portland Safe, Inc...

Everon, also known as ADT Commercial, a security integrator and premier provider of commercial security, fire, and life safety in the U.S., announced the purchase of Portland Safe, Inc., based out of Gray, ME. This is the second acquisition that Everon has completed in the last month, following the December 6 announcement that it had acquired Kentucky-based Newtech Systems, and indicates the new standalone company is rapidly making strides toward its goals for geographic expansion and meaningf...

Everon, also known as ADT Commercial, a pioneering security integrator and premier provider of commercial security, fire and life safety in the U.S., announced its executive leadership team since the recent completion of its acquisition by GTCR. Everon draws on an outstanding legacy of service excellence that is strengthened by over a decade of industry expertise, with many leaders having spent the majority of their careers in the industry. The organisation’s executive leadership tea...

ADT Inc., the most trusted brand in smart home and small business security, announced that it has entered into a definitive agreement to sell its commercial security, fire and life safety business unit to GTCR, a pioneering private equity firm, for a purchase price of $1.6 billion, subject to customary purchase price adjustments. Proceeds from the sale, which is expected to close in the fourth quarter of 2023, will be used to reduce debt by $1.5 billion, with cash interest savings expected to o...