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ACRE To Acquire Texas Based Open Options

Posted by Jay Bartlett December 18, 2018 7:16 am Categories: Access Control, Corporate News. Tags: Access Control, ACRE, ACT, Joseph Grillo, M&A, Open Options, Steve Fisher.

ACRE announced it has entered into a definitive agreement to acquire Open Options based in Addison, Texas. This purchase will enhance ACRE?s strategic expansion plans for strengthening its access control business and product portfolio. ACRE?s CEO, Joseph Grillo, stated that this transaction will continue to expand ACRE?s competitive position in a highly fragmented market with great growth potential.