ADT Australia Expands With Strategic Acquisitions of AAG and ACG.
ADT Australia Expands With Strategic Acquisitions – ADT Security Group, a subsidiary of Intelligent Monitoring Group Limited (IMG), has announced the strategic acquisition of security integration businesses, Alarm Assets Group (AAG) and ACG Integration (ACG).
The newly acquired businesses will be led by Geoff Campbell-Brown, general manager of ADT Security Australia, and will bring more than 35 skilled technicians into ADT’s workforce, significantly enhancing national coverage and service delivery to blue-chip clients and government agencies.
“We have already lifted ADT’s commercial business from AU$2 million in revenue in the year prior to IMG’s acquisition of ADT to a run rate of AU$12 million per annum by the end of June 2024,” said Dennison Hambling, managing director of IMG.
“Now expanding the ADT business through the strategic acquisition of 2 quality security integration businesses will continue to enhance ADT’s footprint in a highly prospective market. The addition of these businesses, customers, and people will unlock ADT’s commercial business further as it seeks to return to its historical levels of $A125 million in revenue and beyond.”
According to Geoff Campbell-Brown, general manager of ADT Security, the team is excited to integrate AAG and ACG into the ADT family.
“These acquisitions bring expertise and a strong customer base that will enhance our service offerings and support our growth ambitions,” Campbell-Brown said.
“Our focus will be on seamless integration, maintaining high service standards, and leveraging our combined strengths to drive innovation and operational excellence. This expansion will strengthen our market position and provide new opportunities for our team members.”
Completion of each acquisition is conditional upon IMG receiving formal approval from its financiers and satisfying other customary conditions with the aim of completion by by June 30, 2024.
You can learn more about ADT Security Australia here, find out about IMG here, or read more SEN news here.
“ADT Australia Expands With Strategic Acquisitions of AAG and ACG.”
