Convergint Technologies Acquires in France to Expand European Business

The acquired company, Astrec Security, offers electronic security solutions to customers throughout Europe, with a focus in access control and video surveillance.

SCHAUMBURG, Ill. — Convergint Technologies has acquired French systems integrator Astrec Security, based in suburban Paris. Terms of the transaction were not disclosed.

The company’s ninth acquisition since early 2017, Astrec’s suburban Paris location and experience will serve complex global customers that are facing sophisticated integration needs on an enterprise level, according to Convergint’s executive chairman and co-founder, Dan Moceri.

“We are very excited to have Astrec as the latest addition to Convergint Nation. Expanding our European business into France allows us to better serve our growing global customer base,” he says. “Astrec has been a quality service partner for Convergint internationally for many years, and we are thrilled that Odile Tanfin, Eric Bois, and all of their colleagues will be joining the Convergint team.”

Founded in 2003, Astrec offers security solutions to customers throughout Europe, with a focus in access control and video surveillance. Convergint and Astrec share a company culture that is centered around a dedication to customer service, according to an announcement.

For all the latest M&A news, go here.

The joint organization provides a diverse range of service-based solutions supported by a highly experienced worldwide workforce.

“Our team is thrilled to be joining with a company recognized around the world as a leader in our market,” says Odile Tanfin, director of administration for Astrec Security. “In our conversations with the Convergint team, we realized what a unique opportunity it would be to join with such a like-minded company as Convergint. Both of our organizations are deeply committed to the values we believe in, especially service.”

Convergint Technologies is a global, industry-leading systems integrator that designs, installs and services electronic security, fire alarm and life-safety systems.

In February, the company struck a deal to be acquired by Los Angeles-based Ares Management.

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