Mergers & Acquisitions

Acre announces key acquisitions of Feenics & Matrix to close out 2021

ACRE, a global pioneer providing state-of-the-art security systems, announced the strategic acquisitions of Feenics and Matrix Systems. Cloud and integrated security The acquisition of Feenics brings cloud-based access control solutions to ACRE’s rapidly growing network of global customers while also expanding its portfolio to support the growing demand for cloud-based security solutions. Matrix enables ACRE to expand the addressable market for the company’s technology portfolio,...

Brivo to become a publicly traded company through merger with Crown Proptech Acquisitions

Brivo, Inc., the global pioneer in cloud-based access control and smart building technologies, and Crown PropTech Acquisitions (“Crown”), a publicly-traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Brivo becoming a publicly listed company. The transaction values the company at a pro forma enterprise value of $808 million. Upon closing, the combined company will operate as Brivo, and its Class A...

ADT to expand its residential footprint with acquisition of Sunpro Solar and launch ADT Solar

ADT Inc., a pioneer brand in smart home and small business security, announced an agreement to acquire Sunpro Solar (Sunpro), ranked #2 for 2021 Top Residential Rooftop Solar Contractors in the U.S., for $160 million in cash plus approximately 77.8 million shares of ADT common stock, implying a total enterprise value of approximately $825 million, subject to certain adjustments. ADT will rebrand Sunpro to “ADT Solar™” and enter the rooftop solar business to...

Comelit Group acquires PAC GDX to offer global “one stop shop” for integrated security solutions

Comelit Group UK, a manufacturer of access control and door entry solutions, has announced its acquisition of PAC GDX. Under the newly formed and re-branded Comelit-Pac company, the acquisition of PAC GDX by the Italian owned security and fire safety specialist will enable the company to offer total integrated solutions, inclusive of networked access control systems together with door entry, CCTV, home automation, intruder alarm, and fire detection systems. Networked access control Led in th...

PPA expands its dealer network in USA

Developer of the JetFlex gate operators, considered the fastest in the world, PPA has consolidated itself as an important global player in the electronic security sector. The company, which has been present since 2015, is preparing for a new expansion cycle in the American market, with the growth of its product portfolio. Acquisitions In recent years, PPA acquired three companies: the Celtron current movers factory, Citrox, which specialises in access control, electric fence, alarms, and IoT...

Orion Entrance Control, Inc. partners with Tansa global to ship full height turnstiles powered by Infinity™ software

Orion Entrance Control, Inc., the provider of building access technology solutions, has partnered with precision mechanical engineering pioneer Tansa Global to bring to market world-class full height turnstiles powered by Infinity™ software to provide real-time occupant counting data at entryways, perimeters, lobbies, and elsewhere. “Orion has been interested in Full Height turnstiles for years,” explained Steve Caroselli, CEO, and Founder, Orion Entrance Control, Inc. “...