M&A Deal Summary

Allegion Acquires Aurora Systems

On February 14, 2018, Allegion acquired building materials company Aurora Systems

Acquisition Highlights
  • This is Allegion’s 7th transaction in the Building Materials sector.
  • This is Allegion’s 4th transaction in the United States.
  • This is Allegion’s 2nd transaction in Washington.

M&A Deal Summary
Date 2018-02-14
Target Aurora Systems
Sector Building Materials
Buyer(s) Allegion
Deal Type Add-on Acquisition

Target

Aurora Systems

Everett, Washington, United States
website
AD Systems is a designer and manufacture of high-performance interior and storefront door systems, specializing in sliding and acoustic solutions. AD Systems was established in 2013 and is based in Everett, Washington.

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Buyer(S) 1

Buyer

Allegion

Dublin, Ireland

website

Category Company
Founded 2013
Sector Safety/Security
Employees11,000
Revenue 2.9B USD (2021)
DESCRIPTION

Allegion is a global pioneer in safety and security, with major brands like CISA, Interflex, LCN, Schlage and Von Duprin. Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions. Allegion was founded in 2013 and is based in Dublin, Ireland.

DEAL STATS #
Overall 12 of 20
Sector (Building Materials) 7 of 7
Type (Add-on Acquisition) 11 of 17
State (Washington) 2 of 2
Country (United States) 4 of 7
Year (2018) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Fireglass

Snoqualmie, Washington, United States

Technical Glass Products, Inc. is a manufacturer of advanced fire-rated entrance and wall systems for institutions and non-residential buildings. Its product lines include fire-rated glass and frames for doors, entrances and wall systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-13 GWA Group - Door and Access Systems Business

Fortitude Valley, Australia

GWA Group Ltd. - Door and Access Systems Business includes renowned Australian brands Gainsborough Hardware and API Locksmiths.

Buy -
Mergr

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