Allied Universal Launches Global Acquisition Growth Strategy With First International Purchase Since G4s; Acquires UK-Based T.S.S.
Allied Universal continues its strategic growth as G4S Secure Solutions UK, an Allied Universal company, has announced the acquisition of T.S.S. (Total Security Services). This purchase strengthens the company’s position as a major UK provider of security services, with industry leading talent, expertise and market coverage. TSS, a family-owned business with over 6,500 front line staff providing service to some of the UK’s largest retailers, has more than $170 million in revenue.
Matrox Imaging division to be acquired by Zebra Technologies
Matrox announce that it has entered into a definitive share purchase agreement with Zebra Technologies Corporation, pursuant to which Zebra intends to acquire the Matrox Imaging division. The Matrox Video division (Matrox Graphics Inc.) is not part of the transaction and will remain under the ownership of Matrox President and Co-Founder Lorne Trottier, as it continues to pursue its successful growth path through ongoing innovation and development of its award-winning video technology products. The head offices of the Matrox Video division and the Matrox Imaging division will remain in Montreal.
SALTO Acquires Automated Face Recognition Innovator COGNITEC Systems
SALTO Systems is investing in automatic face recognition technology innovator Cognitec Systems.
In recent years, we have experienced extraordinary change and evolution in digital transformation globally. Entire industries have been reimagined and people now increasingly use digital means to work, live, learn, and be entertained. Digital credentials, digital identities and facial recognition are becoming the new standard across all industries, making Automatic Face Recognition a key technology to address the market’s needs.
Motorola Acquires Ava Security Limited, a Global Provider of Cloud-native Video Security and Analytics
Motorola Solutions announced it has acquired Ava Security Limited, a global provider of cloud-native video security and analytics, based in London, U.K. Ava Security’s scalable, secure and flexible cloud solution provides enterprises with real-time visibility and powerful analytics to optimize their operations and detect anomalies and threats. The platform offers organizations the benefit of an enterprise-grade video security solution while minimizing the physical footprint of their security infrastructure.
Allied Universal Acquires Atlanta-Based Norred & Associates, Inc.
Allied Universal recently announced the acquisition of Norred & Associates, Inc. – a Atlanta, Georgia-based full-service security firm. Terms of the deal were not disclosed. With revenues in excess of $36 million and more than 830 employees, Norred & Associates has been providing clients with a full range of security services encompassing manned guarding, investigations, pre-employment screening and security consulting.
HID Acquires InvoTech Systems to Broaden Its Leadership
HID Global announced it has acquired InvoTech Systems. The acquisition enhances HID’s advanced textile inventory management systems offering for uniforms, linens, and laundry operations and adds to HID Global’s industry-leading RFID portfolio. The acquisition advances HID’s stature within this growing market, as InvoTech provides technology and services to clients across hundreds of properties across the globe.
Morse Watchmans Acquired by TouchPoint, Inc.
Morse Watchmans has been acquired by TouchPoint, a privately-held diversified global growth company focused on engineered products in growth markets where the touch point is a differentiating factor. Morse Watchmans will join TouchPoint’s Intelligent Inventory Management platform, which focuses on developing inventory management solutions that enable the secure, accurate and efficient management of consumable inventory and high value assets in a variety of end markets.
Honeywell Acquires Digital Emergency Response Leader
Honeywell announced it has agreed to acquire privately held US Digital Designs for a purchase multiple of ~14X EBITDA in an all-cash transaction. The company delivers alerting and dispatch communications solutions, which enhance first responders’ efficacy and enable faster emergency response times. US Digital Designs’ EBITDA margins are accretive to Honeywell, and Honeywell is expected to achieve a return on investment of greater than 25% by the fifth year that US Digital Designs is part of Honeywell.
Securitas To Acquire Stanley Security For $3.2B
Stannley Black & Decker today announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion in cash. The proposed transaction includes Stanley Black& Decker’s Commercial Electronic and Healthcare Security business lines. The businesses carry 2021 forecasted revenues of approximately $1.7 billion with an adjusted EBITDA margin in the low double-digits.
Securitas Acquires Supreme Security Systems in the US
Securitas is acquiring Supreme Security Systems, a top 50 alarm monitoring company in the US. The acquisition increases Securitas’ service capabilities and client offerings in the northeast US and aligns with Securitas’ ambition to double the size of its security solutions and electronic security business by 2023. The purchase price is approximately MUSD 20 (MSEK 180). The acquisition will be accretive to the Group operating margin through its resilient recurring monthly revenue (RMR) portfolio representing more than 70 percent of the revenue.
GBG Acquire Acuant, Bringing Together Combined Revenue of c.£265 Million
GB Group announced that it has reached agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider, for a cash-free, debt-free enterprise value of $736 million. The acquisition of Acuant brings together two of the leaders in the global digital identity market with a combined revenue of c.£265 million. A long-time partner, Acuant has a product suite that is a natural complement to GBG’s existing US-based services from IDology.
HelpSystems Acquires PhishLabs to Continue Expansion of Cybersecurity Portfolio
HelpSystems announced today the acquisition of PhishLabs, a leading cyber threat intelligence company that protects organizations from attacks on their brands, employees, and digital assets. PhishLabs sources intelligence across the internet to find and mitigate digital risks. The team and solutions from PhishLabs will join HelpSystems’ growing cybersecurity portfolio and pair well with HelpSystems’ email security, vulnerability management, and data protection solutions.
ADT Commercial Acquires Edwards Electronic Systems, Inc.
ADT Commercial announces that it has purchased premier fire, life safety and security systems provider, Edwards Electronic Systems, Inc., based out of Clayton and Concord, NC. The purchase of Edwards Electronic Systems further deepens the ADT Commercial organization’s integration capabilities and fire and life safety expertise to serve mid-market, national and large-scale commercial customers in the Carolinas region.
Eagle Eye Networks Acquires Surveillance AI Leader Uncanny Vision
Eagle Eye Networks announced the acquisition of artificial intelligence leader Uncanny Vision, accelerating the company’s leadership in providing AI and analytics to make customers’ businesses more efficient and the world a safer place. The acquisition also includes research and development capabilities and a new regional office in Bangalore, India. The deal accelerates Eagle Eye’s plan, announced in November 2020, when Eagle Eye raised funds from venture capital firm Accel, to dramatically reshape video surveillance
Allied Universal Acquires New York-Based MSA Security
Allied Universal announced the execution of a definitive agreement to acquire New York-based MSA Security (MSA) from GreyLion, a middle market private equity firm focused on investing in leading high-growth businesses. MSA is a provider of comprehensive threat protection solutions to clients nationwide including K9 security services. Terms of the deal were not disclosed.
Movius Acquires Intentico, Cognitive CX and AI Provider
Movius announces its acquisition of Intentico, a technology company that specializes in AI-based cognitive customer experiences (CX). By leveraging Intentico technology, Movius can provide businesses new ways to engage their customers and gain deep intelligence about those interactions in a unified solution. MultiLine is the trusted secure work-from-anywhere solution for mobile voice, text, and WhatsApp across mobile, desktop and CRM for business and customer communications.
Quantum Announces Agreement to Acquire Hyperconverged Software Startup EnCloudEn Assets
Quantum Corporation announced a definitive agreement to acquire the assets of EnCloudEn, an early stage hyperconverged infrastructure (HCI) software company. This agreement follows Quantum’s recent acquisition of the surveillance business assets of Pivot3, an early pioneer of hyperconverged infrastructure for video surveillance workloads. The EnCloudEn acquisition will enable Quantum to expand the addressable market for the company’s video surveillance portfolio.
HID Global Acquires Omni-ID to Extend Its RFID Leadership
HID Global announced that it has acquired Omni-ID, a leading manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications. The acquisition extends HID’s market leadership in RFID technology and strengthens its presence in India and China.
Securitas Acquires Leading Electronic Security Company in Germany
Securitas has agreed to acquire Protection One. The acquisition will enhance Securitas’ protective services capabilities in Germany and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis. In 2020, Protection One’s annual sales were more than MEUR 33 (MSEK 337), of which over 90 percent were on a recurring monthly revenue basis.
Quantum to Acquire Pivot3 Video Surveillance Portfolio/Assets
Quantum Corporation announced an agreement to acquire the video surveillance portfolio and assets of Pivot3. The acquisition brings a diverse portfolio of video surveillance appliances, network video recorders, and management applications along with a scale-out hyperconverged software platform, which going forward will all be offered under the Quantum VS-Series product portfolio. TThe Pivot3 additions round out a comprehensive surveillance and security portfolio, spanning small to multi-petabyte deployments.