Convergint Technologies Acquires Enterprise Solutions Specialist Signet Technologies
Bringing the Maryland-based firm into the fold is said to build on Convergint’s expertise in federal and state markets.
Convergint Technologies has acquired Signet Technologies for undisclosed terms.
SCHAUMBURG, Ill. — Convergint Technologies has acquired Beltsville, Md.-based SigNet Technologies, a full-service systems integrator that provides enterprise physical security solutions for federal, state and commercial end customers.
Terms of the transaction were not disclosed.
According to its website, SigNet staffs additional offices in Virginia, North Carolina and California with reach throughout the United States and internationally via strategic partnerships. The company holds UL 2050 certification capabilities for SCIF environments along with being certified a GSA HSPD-12, SIN 132-62 end-to-end solutions provider.
SigNet’s experience with government standards, directives, memorandums and regulations include such items as ICD 705, FIPS 201 and OMB M11-11, which implements the use of PIV credentials. The integrator’s experience with industry standards include UL 2050, NISPOM and related high-security specifications, NFPA/NEC and false alarm standards, and video surveillance standards from ONVIF and PSIA.
Led by Bill Keller and Bill Burgess, SigNet’s team of more than 90 employees will join Convergint and offer specialized knowledge and experience in executing challenging government programs, according to a press release.
“Convergint’s meteoric growth and success is no accident. In a relatively short period of time, it has become of one of the most successful and reputable companies in our industry,” says Keller, president of SigNet Technologies. “Convergint is a perfect fit for SigNet because we share a similar culture and core values: We care deeply about all of our colleagues, and we are committed to being our customers’ best service provider. The result of joining forces will include expanding our reach, merging complementary expertise, and offering a broader suite of innovative solutions for our valued customers.”
With 11 acquisitions in the last 18 months, Convergint treats each company uniquely by evaluating the many ways it can add to its service-based culture, the company states.
“Convergint’s business in the government sector has been steadily growing over the past five years, now exceeding $100 million across the United States and Canada. The acquisition of SigNet further accelerates that growth and brings strong resources to Convergint,” says Dan Moceri, executive chairman and co-founder of Convergint. “We look forward to all of the SigNet colleagues bringing their expertise to Convergint. Bill Keller will lead the combined SigNet and Convergint government teams, and Bill Burgess will continue to help grow and expand our presence in the federal and state markets. Both are excited to work closely with the Convergint government team.”
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