Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announces that it has been acquired by OpenGate Capital, a global private equity firm. News of S&G and OpenGate Capital entering into an agreement to acquire was initially announced in January and financial terms were not disclosed. “With the support from OpenGate Capital, we are working to develop and release advanced locking solutions for safes, vaults, ATMS and highly sensitive environments quicker to market while building even stronger customer relationships,” said Keith Deaton, COO at Sargent and Greenleaf. Multiple industry awardsOpenGate Capital is a global private equity firm that strives to acquire and optimise lower middle market businesses “S&G has won multiple industry awards over the past five years in recognition of product innovation in the many channels of businesses we serve, and working with OpenGate Capital, we are enthusiastic about the many exciting opportunities that lay ahead.” Established in 2005, OpenGate Capital is a global private equity firm that strives to acquire and optimise lower middle market businesses throughout North American and Europe. Leaders within both companies will collaborate to leverage resources to support S&G’s mission to drive innovation into the business through technological enhancements. S&G will transition into a stand-alone business under the ownership of OpenGate Capital. “Through our collaboration with the management team at S&G, we have already developed many new initiatives to accelerate the company’s growth and apply new technologies to its broad and deep product line,” said Paul Bridwell, Managing Director at OpenGate Capital, who is responsible for managing and supporting operations of the firm’s investments in North America. “This is a business with a deep and rich heritage and we’re incredibly proud to welcome S&G into our second fund’s portfolio.”
Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announces its Digital Hood Defense for ATM security. Compatible with S&G’s Digital Platform products, this innovative device increases the overall security of ATM units by protecting the hood from jackpotting attacks - whereby malware has been attached to an ATM to rapidly access money - without compromising convenience for operators. Digital Hood Defense for ATM security The Digital Hood Defense wires through the same keypad as the vault lock, allowing the user to easily control access to their hood, vault or both The Digital Hood Defense wires through the same keypad as the vault lock, allowing the user to easily control access to their hood, vault or both depending on the paired vault lock. After installing the latest update, Digital Hood Defense works directly through existing lock software. When paired with the Digital Platform keypad, this lock records both hood and vault access - up to 1,000 time- and date-stamped events - enhancing ATM security, management and oversight while making the unit impervious to hood tampering. “Jackpotting has been on the rise worldwide in recent years and ATM vaults are not the only layer that needs protection,” said Keith Deaton, COO of Sargent and Greenleaf. “Increasing physical security for existing ATM unit can help mitigate attacks, and, as the name suggests, Digital Hood Defense adds additional security for the entire unit, making it a complete locking solution against attacks,” said Deaton. S&G Digital Hood Defense main features: Secures ATM hood with S&G’s Model 1004 lock body Digital Hood Defense is managed through the existing vault lock keypad Keypad eliminates the need for standard cylinder keys Pair with A-Series with Display (ASWD), Audit 2.0 or Digital Time Lock Digital Hood Defense can be retrofitted with any new Digital Platform ATM lock or bundle the accessory with your next lock purchase and installation.
Sargent and Greenleaf (S&G), renowned manufacturer of high-quality mechanical and electronic locks, has announced the release of its Digital Vault Lock solution. Through a secure online interface and user-friendly software, this static code, electronic time lock allows for increased flexibility and security for convenient vault access. Digital Vault Lock Combining an attack-resistant lock case and enhanced features to protect against a variety of threats – vibration, bouncing and punching attacks – the Digital Vault Lock provides durable security for financial institutions. With the ability to assign four independent time lock schedules for up to 100 users and retrieve up to 1,000 time- and date-stamped audit events with a simple USB connection from the lock, the Digital Vault Lock increases shift coverage without overriding security and can be customised for a single user, dual user or manager. “With S&G’s Digital Platform features and benefits continuing to evolve, the Digital Vault Lock will provide our customers with additional flexibility and security for a smarter and faster vault access lock,” stated Keith Deaton, COO of Sargent and Greenleaf. “The auditing capabilities along with the scheduling and management features of this lock, make it possible for banks to have a digital vault security option,” said Deaton. S&G’s Digital Vault Lock’s main features include: User-friendly programming via website interface or keypad for secure programming. Audio and visual signals, including a display screen and three keypad LEDs for lock status indication. 1,000 time- and date-stamped events for precisely managing audit trails. Offers dual control, automatic daylight savings, a management reset code, time delay up to 99 minutes and a penalty lockout. S&G 3029-3XX lock S&G’s Digital Vault Lock is powered by the S&G 3029-3XX lock with a motor-driven lock bolt. With same mounting footprints as the S&G 6400 and 6500 series mechanical vault locks, retrofits are quick and easy.
Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announces its newest centrally controlled, Internet Protocol (IP) safe lock: NexusIP. As an IP security system and part of S&G’s Digital Platform, NexusIP is a fully scalable solution that allows for real-time, remote monitoring and control of one lock or multi-lock location network for a more reliable IP safe lock. Utilizing Wi-Fi networks that are already in place, NexusIP requires no additional components or drilling. The lock uses existing safe power connections, or its own external power source, to deliver consistent extended power with reduced interruption. Time lock management With the ability to assign up to four (4) opening windows – per day, per schedule for up to 100 users through remote access control – NexusIP can be customized to fit a specific application to meet the ever-evolving needs of today’s retailers, restaurants and credit unions. NexusIP combines easier installation and time lock management with dependable, ongoing operation without frequent service or downtime" “NexusIP combines easier installation and time lock management with dependable, ongoing operation without frequent service or downtime,” stated Keith Deaton, COO of Sargent and Greenleaf. “Combining IP’s ease of management and our Digital Platform, users are given a smarter, faster and more secure way to respond to their safe security needs without having to travel to the lock,” said Deaton. Reduced downtime S&G’s NexusIP’s main features include: Ability to change access, set schedules and receive real-time alerts through remote monitoring Leverages existing Wi-Fi for reduced downtime and interruption No drilling required for an easy installation or retrofit The NexusIP is available in four (4) bolt types: Model 3006-502 PIVOTBOLT, Model 3007-502 DIRECT DRIVE, Model 3028-502 DEAD LATCHING and Model 3029-502 PUSH/PULL
Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announces that OpenGate Capital, a global private equity firm, has entered into an agreement to acquire S&G from Stanley Black & Decker. The transaction is anticipated to be completed in Q1 2019. Financial terms were not disclosed. Established in 2005, OpenGate Capital specialises in the acquisition and operation of businesses to create new value through operational improvement, innovation and growth. Leaders within both companies will work closely to leverage resources to support S&G’s mission to grow and create sustainable long-term value. S&G will transition into a stand-alone business under the ownership of OpenGate Capital. Locking solutions for safes, vaults, ATMs “Sargent and Greenleaf is enthusiastic about the many exciting opportunities that lay ahead,” said Keith Deaton, COO at Sargent and Greenleaf. “During the acquisition, we will continue operating to bring our customers high-quality products. With the support from OpenGate Capital, we will develop and release innovative locking solutions for safes, vaults, ATMs and highly sensitive environments, while building even stronger customer relationships.” “We are excited to work with the team at S&G and build upon the legacy of the business,” said Paul Bridwell, Managing Director at OpenGate Capital, who is responsible for managing and supporting operations of the firm’s investments in North America. “We look forward to partnering with management in their focus on growth, by further strengthening S&G’s commercial reach and investing into the company’s product innovation engine.”
Sargent and Greenleaf (S&G), a division of STANLEY Security that manufactures high-quality mechanical and electronic locks, announces its newest locking solution that provides safe security with access gained through a mobile app, eliminating the need for a keypad. Called AxisBlu, the lock combines Bluetooth technology with S&G’s proven lock components for a truly secure safe lock option. Just launched, AxisBlu uses an easy-to-install, unobtrusive medallion that connects via Bluetooth to an app on the user’s mobile device to remotely gain access to the designated safe anywhere within a 30-foot radius. With multiple layers of authentication, and the ability to pair up to five mobile devices, AxisBlu provides a convenient and secure solution for safe operation. Also, AxisBlu is available with the time-tested keypad, allowing for access manually or via the app. AxisBlu mobile locking solution AxisBlu is available with the time-tested keypad, allowing for access manually or via the app“With AxisBlu, our customers have the best of both convenience and security,” stated Keith Deaton, COO of Sargent and Greenleaf. “We’ve combined the latest Bluetooth technology with our proven lock body to create a new option for safe security – void of a keypad – by accessing your safe via your mobile app.” AxisBlu’s main features include: The latest Bluetooth upgrades that bring the technology up to S&G’s stringent security standards. New functionality and multiple levels of authentication in mobile devices make the Bluetooth connectivity a reliable, fully secure method of access. Proven security of S&G’s Titan motorised locking device with firmware enhancements for even greater protection. Unparallel convenience with the ability to pair up to five mobile devices along with 10 users, allowing immediate Bluetooth access via the AxisBlu app. AxisBlu Kits are available in three complete packages to accommodate all that is needed to install or retrofit AxisBlu to the safe. The options for purchase include a Medallion Kit and two Keypad Kits. Installation is easy, leveraging multiple components for added security and matching standard safe lock footprints and machining. AxisBlu Medallion Kit for Immediate Access We hope AxisBlu will help the end user, for example, safely secure their firearms with ease from their mobile device"With the Medallion Kit, the sleek, modern design positions the lock keypad on the user’s mobile device instead of the safe front, providing immediate access. The Bluetooth module has been engineered to provide access through the safe door by using the existing spindle hole for wide-range antenna placement and operates at a range of up to 30 feet. Firmware enhancements allow S&G’s Titan Lock to function securely with a mobile device using Bluetooth technology. The medallion uses an internal battery box, which is not required with the keypad kits. Keypad Kits for Wider Range of Operators There are two Keypad Kits available with varied components. The first is a one-battery keypad with a black platinum finish accessed via the AxisBlu app or manually, allowing controlled access for a wider range of operators. The QuickMount keypad, which is also Bluetooth compatible, allows for easier and quicker retrofit or installation. AxisBlu is designed for safe manufacturers, businesses, distributors and consumers. “We hope AxisBlu will help the end user, for example, safely secure their firearms with ease from their mobile device,” said Deaton.
Sargent and Greenleaf (S&G), a division of STANLEY Security that manufactures high-quality mechanical and electronic locks, has announced the release of its new Digital Time Lock, a high-security solution for small businesses and retail outlets. S&G’s Digital Time Lock is the newest addition to its Digital Platform portfolio, which includes the Audit Lock 2.0 and A-Series with Display. The lock allows employers to assign four independent schedules for up to 100 users, with four opening windows per day for each schedule, making it an ideal choice for managers of small businesses and retail locations needing to manage access control between multiple employees on various shifts. Like other S&G locks within the Digital Platform portfolio, the Digital Time Lock offers enhanced audit data, recording up to 1,000 time- and date-stamped audit events with a quick USB download feature. Users also have the ability to store audit trails from multiple locks onto one flash drive. This lock has been awarded the UL Type 1 certification, with the following certifications pending: EN 1300, Vds Class 2, A2P B/E, ECB-S and CNPP Effortless time setting review Along with simplified scheduling and powerful auditing, the Digital Time Lock offers a programming experience through a user-friendly web interface with straightforward, uncomplicated features and without any additional programming software needed. When programming at the lock itself, the Programmer Code Access allows effortless review of current settings via a large digital display. The Digital Time Lock also offers dual control, automatic daylight savings, a management reset code, time delay up to 99 minutes and a penalty lockout. UL-certified lock “Our Digital Time Lock is the future of managing and securing safes,” said Keith Deaton, COO of Sargent and Greenleaf. “The auditing capabilities of our digital platform, along with the scheduling and management features of this lock, make it possible for small businesses and retail locations to achieve high security with a smarter, faster, more manageable solution.” The Digital Time Lock is available in two bolt types: Model 3006 PIVOTBOLT, which automatically relocks to secure the safe whenever the container’s bolt work moves to the fully-closed position, and the Model 3007 DIRECT DRIVE, with lock bolt retraction and extension that is controlled by turning the keypad, offering dependable manual control of the locking bolt. This lock has been awarded the UL Type 1 certification, with the following certifications pending: EN 1300, Vds Class 2, A2P B/E, ECB-S and CNPP.
Sargent and Greenleaf (S&G), a subsidiary of STANLEY Security and a manufacturer of high security locks and locking systems for safes, vaults and high-security cabinets, has appointed Keith Deaton to Chief Operating Officer. Exceeding business objectives Deaton joined STANLEY Security’s finance team in 2010, and, most recently, served as S&G’s Chief Financial Officer and interim CFO (Canada). In the security industry since 2005, Deaton brings substantial experience to his new role, and will assume the responsibilities previously managed by Brian Leary. As COO, Deaton will provide strategic leadership and day-to-day operational management for Sargent and Greenleaf, guiding the company to exceed its business objectives. “We are proud to welcome Keith into a new role within the S&G executive team,” said Jeremy Morton, President, STANLEY Access Technologies. “His extensive industry knowledge will help to further S&G’s long-standing reputation as a trustworthy and dependable manufacturer of high-security products.” Asset security with developing technology “My years of experience with S&G have primed me to lead this team into the next phase of successes and achievements,” states Deaton. “As technology evolves, S&G will continue to provide products that secure our customers’ most valuable assets.” Deaton graduated from Murray State University before attending the Kelley School of Business at Indiana University, where he graduated with an MBA in Finance and Operations Management.