Mergers & Acquisitions

Resideo acquires Norfolk Wire & Electronics to expand business in adjacent categories

Resideo Technologies, Inc. announces it has acquired privately held Norfolk Wire & Electronics (‘Norfolk’), based in Richmond, Virginia. Norfolk was founded in 1985 and is a regional distributor of security, telecom, network and audio-video (AV) related products, supplies and tools. With 11 full-service retail locations and a 43,000 sq. ft. distribution centre, Norfolk serves customers across the mid-Atlantic region and will be part of Resideo's ADI Global Distribution business,...

Allied universal appoints Mike Beregovsky to look after their global merger and acquisition activities

Allied Universal®, a security and facility services company in North America, recently appointed Mike Beregovsky as Chief Merger & Acquisition Officer and Co-Head of Strategy & Investor Relations. Danette Perkins has been promoted to President of Mergers & Acquisitions for North America. Beregovsky will be responsible for working with the company's executive leadership team to develop and execute the strategic direction for the organisation to continue driving strong, consistent...

Videonetics & Axis Communications enhance technology partnership under Axis Application Development Partner (ADP) program

Videonetics, the globally renowned AI & DL powered Unified Video Computing Platform (UVCP) strengthens its technology partnership with Axis Communications, the globally renowned company in IP surveillance, by co-creating and delivering numerous integrated solutions under Axis Application Development Partner (ADP) program, to meet growing demands of different market segments. Axis ADP Program The Axis Application Development Partner (ADP) Program is designed to help software vendors streaml...

Allied Universal announces the appointment of Tim Brandt as the company’s Global Chief Financial Officer

Allied Universal, a global security and facility services company, based in North America, has recently hired Tim Brandt as the company's Global Chief Financial Officer (CFO). Brandt will lead the financial operations of the company and will focus on the upcoming acquisition and integration of G4S and the eventual IPO (initial public offering) of the newly consolidated company. Mergers and acquisitions specialist Tim specialised in mergers and acquisitions, initial public offerings and public...

Acronis announces the acquisition of Synapsys to enhance cyber protection solutions

Acronis, a pioneer in cyber protection, announces the acquisition of Synapsys, its long-time partner located in Cape Town, South Africa that specialises in distributing Acronis Cyber Protection Solutions through the service provider channel. Marking the latest move in the company’s accelerated growth plan, it is Acronis’ fourth acquisition in the past 18 months. Synapsys is a channel-centric group of companies that delivers Acronis Cyber Protection Solutions to thousands of customer...

Triton acquires ACRE and makes investments alongside the current management team

Funds advised by Triton (‘Triton’) acquired ACRE, an end-to-end security solutions provider based in Dallas/USA and Dublin/Ireland. 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. The financial terms of the transaction were not disclosed. ACRE is a pioneer in the delivery of security systems for access control and intrusion detection as well...