Convergint Grows European Presence With Universal Security Buy
The deal welcomes nearly 100 Universal Security Systems employees, strengthening Convergint’s vertical market expertise.
The deal welcomes nearly 100 Universal Security Systems employees, strengthening Convergint’s vertical market expertise.
Universal Manufacturing is a full-service distributor of commercial doors, frames, hardware and Division 10 specialty products.
Bass is a provider of video surveillance, intrusion and fire/life-safety solutions, as well as locksmith and hardware break/fix services.
The acquisition of Western Pennsylvania-based Rampart Security adds a mix of commercial and residential customers to Guardian’s account base.
The deal, which marks the second acquisition this week for Cross-Fire and its owner, AE Industrial Partners, is said to create significant scale for Cross-Fire in the Northeast.
The acquired company will continue to operate under the BlueViolet Networks name and customer contacts will remain unchanged.
Securitas says it aims to double the size of its security solutions and electronic security business by 2023.
Founded in 1999, Unlimited Technology completed more than 1,400 systems integration projects in 2020 for clients across a range of markets.
The combined company will create one of the largest, full-service residential and commercial security companies in the United States.
Delta acquired 100% of the shares in Infinova Ltd., owner of March Networks, for $114 million in a deal first announced in October.
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