The $120 million transaction calls for potential future payments contingent on the performance of MJBiz through 2022.
In 2015, National Millwork (NMI) expanded its geographic reach and distribution capabilities with the acquisition of Elite Door & Trim.
The purchase price is comprised of $2.9 billion cash and approximately $200 million of assumed liabilities and other adjustments.
M&A activity rebounded in a big way in 2021, with the security industry seeing several multibillion-dollar deals.
The acquisition brings CTSI integration capabilities across the south and central U.S., while strengthening its cybersecurity offerings.
Founded in 1967, Yarnell provides 24/7 monitoring of commercial and residential fire, security, CCTV and access control systems.
Morse Watchmans will join TouchPoint’s Intelligent Inventory Management platform, which focuses on developing inventory management solutions
As a result of the transaction — terms were not initially disclosed — Ares, LGP and Harvest will be financial partners with the company.
Motorola says with 911 Datamaster’s technology, it will continue to enhance its integrated command center software suite.
The move signals Exertis’ intent to expand global technology distribution footprint and accelerate North American expansion plans.