ACRE Acquired by European Private Equity Firm Triton
ACRE’s family of security companies include Vanderbilt, Open Options, RS2 Technologies, ComNet and Razberi.
ACRE’s family of security companies include Vanderbilt, Open Options, RS2 Technologies, ComNet and Razberi.
Wares by Razberi Technologies, combined with ComNet communication products, will enable companies to deploy a simple, secure video system.
Razberi, founded in 2011, has developed a portfolio of products that enable enterprises to deploy video surveillance systems.
ACT ID, a new Cloud-based mobile credential application is said to enable organizations to utilize both iOS and Android smartphones.
Jim Kelly will join ACRE as chief revenue officer, while Chuck O’Leary will join the management team and serve as president of Open Options.
ACRE CMO Kim Loy believes the pace of innovation in the security industry is finally catching up to that of technology already available to consumers.
The deal for RS2 follows the recent acquisition of Open Options as ACRE continues to build its access control market share.
Joe Grillo, founder and CEO of ACRE, discusses a range of access control topics including the holding company’s M&A strategy.
Wagner began his security industry career in 1986 as vice president of sales and marketing for Checkpoint Systems and later served as COO of HID Global.
Open Options is said to significantly increase ACRE’s position in the access control market, with emphasis on North America.