Convergint Technologies is acquiring SI Technologies Inc., bringing further security systems integration expertise to Convergint’s service capabilities.
Per Mar Security Services acquired ABC Fire & Burglar Company of Gary, Ind., further expanding its residential and commercial security services and customer base in Northwest Indiana.
Identiv, Inc., a provider of physical security and secure identification, entered into a definitive agreement to acquire Thursby Software Systems Inc., an Arlington, Texas-based provider of security software for mobile devices.
ADT Inc., SDM’s 2017 dealer of the year, announced it has entered into a definitive agreement to acquire Boca Raton, Fla.- based Red Hawk Fire & Security, a commercial fire, life safety and security services and portfolio company of Comvest Partners, for $317.5 million in cash.
Owen Security Solutions, a security and life safety company that provides security systems for residential and commercial customers throughout northwest Georgia, acquired Davis Security Services retail alarm accounts, a family-run security services company headquartered in Woodstock, Ga.
Last week, Tyco Integrated Security (TycoIS) acquired Atlanta-based Carter Brothers’ Fire and Life Safety business for an undisclosed amount. Following the sale, Carter Brothers will transfer its commercial security business to one of its affiliates.
The 2012 Barnes Buchanan Conference opened yesterday on an upbeat note. The outlook for 2012 deal flow is viewed positively. David Stang, senior vice president of Bank of America noted that equity markets are improving; and in particular the leveraged loan market for RMR is improving and the volume of deals is on the rise. "Activity is robust," Stang commented.
