Joseph Grillo
Joseph Grillo Announces Retirement from ACRE
ACRE announced that Founder and Chief Executive Officer Joseph Grillo is retiring, effective May 20, 2022. A proven and respected leader who has driven ACRE’s business transformation and growth strategy, Grillo’s deep knowledge of the security and access control businesses resulted in strong operating results, a track record of 11 successful acquisitions, innovative solutions, and a relentless commitment to ACRE’s customers, partners, and employees.
ACRE acquires Dublin, Ireland based TDS (Time Data Security)
ACRE announced the acquisition of TDS based in Dublin, Ireland. This purchase will enhance ACRE’s strategic expansion plans for strengthening the product portfolio and geography in the UK and Europe and bringing new cloud-based visitor management and access control products to North America. This is ACRE’s first acquisition since being acquired March 11 by Triton Partners. TDS provides cloud-based workspace solutions that will complement the existing ACRE portfolio.
ACRE Acquires Texas-based Razberi Technologies
ACRE announced the acquisition of Razberi Technologies based in Farmers Branch, Texas. This purchase will enhance ACRE’s strategic expansion plans for strengthening its video and communications business and product portfolio. ACRE will leverage the technology and expertise of Razberi beyond video across its access control brands for providing server builds, cybersecurity and system health monitoring.
ACRE to Strengthen Management Team with Two New Key Hires
ACRE announced that it will add two key industry people to the ACRE management roster. Jim Kelly will join ACRE as Chief Revenue Officer starting on March 1, 2020. Jim brings a wealth of experience having had successful positions at Software House, Sensormatic, Tyco International and Johnson Controls. While at Software House, Jim led the sales and marketing efforts to build the business from $2 million to $120 million in North America.
ACRE to Acquire Indiana Based RS2 Technologies
ACRE announced it has entered into a definitive agreement to acquire RS2 Technologies in Munster, Indiana. This purchase will enhance ACRE’s strategic expansion plans for strengthening its access control business and product portfolio. Following on from the recent acquisition of Open Options in December of 2018, ACRE continues to build its access control strength and reach in the North American market. ACRE’s portfolio now consists of Vanderbilt, Open Options, RS2 and ComNet.
ACRE To Acquire Texas Based Open Options
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.