fbpx
18 C
Sydney
Friday, November 15, 2024

Buy now

  • HIKVISION NVR
  • HID SIGNO
  • HIKVISION AX PRO
HomeSecurityAccess ControlIngersoll Rand Buys Another Integrator

Ingersoll Rand Buys Another Integrator

18 C
Sydney
21.6 C
Brisbane
13 C
Canberra
25.6 C
Melbourne

RECOMMENDED

WEATHER

Sydney
overcast clouds
18 ° C
18.7 °
16.7 °
81 %
5.7kmh
100 %
Thu
18 °
Fri
20 °
Sat
22 °
Sun
25 °
Mon
25 °

Latest Articles

STAY CONNECTED

2,460FansLike
1,477FollowersFollow
0FollowersFollow
Bookmark
Page is Bookmarked

Security One provides security solutions that include access control, CCTV and alarm monitoring. IR says that while Security One will be folded into its Security Technologies division, it will keep much of its current staff. “The acquisition of Security One expands our solutions footprint in the Southeast and continues IR’s strategy to pursue recurring revenues through services-related business,” said IR Chairman, President and CEO Herbert Henkel in a statement. John Mack, CEO of USBX Advisory Services, helped broker the deal and says the sale is a win-win for both companies. “IR had reasonably good coverage in some parts of the country, but no significant presence in the Southeast so this was a great geographic fit for them,” says Mack, who adds Security One started searching for “strategic alternatives” last Fall. “There are not too many good, well-run systems integrators above $20 million in size. Security One is well above $20 million.” According to Mack, current Security One customers shouldn’t expect that much change from what they’re used to now. “Their intention is to keep the Security One team in place as the foundation of their integration services in the Southeast,” Mack says. “Fundamentally, the same people will be going out to provide service. It will be pretty seamless for Security One customers.”

AUTHOR

SEN News
SEN Newshttps://sen.news
Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.

LEAVE A REPLY

Please enter your comment!
Please enter your name here