M&A Deal Summary

Convergint Acquires Panavideo

On April 3, 2024, Convergint acquired safety/security company Panavideo

Acquisition Highlights
  • This is Convergint’s 29th transaction in the Safety/Security sector.
  • This is Convergint’s 5th transaction in Canada.
  • This is Convergint’s 2nd transaction in Quebec.

M&A Deal Summary
Date 2024-04-03
Target Panavideo
Sector Safety/Security
Buyer(s) Convergint
Deal Type Add-on Acquisition

Target

Panavideo

Quebec City, Quebec, Canada
website
Panavideo is an integrator that specializes in the design, implementation, and servicing of intricate, cutting-edge access control and video security solutions throughout Quebec. Panavideo was formed in 1969 and is based in Quebec City, Quebec.

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Buyer(S) 1

Buyer

Convergint

Schaumburg, Illinois, United States

website

Category Company
Founded 2001
Sector Safety/Security
DESCRIPTION

Convergint is a designer, installer, and services integrated building systems including electronic security, fire alarm, and life safety systems. Convergint was founded in 2001 and is based in Schaumburg, Illinois.

DEAL STATS #
Overall 54 of 54
Sector (Safety/Security) 29 of 29
Type (Add-on Acquisition) 50 of 50
State (Quebec) 2 of 2
Country (Canada) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-09 Peace of Mind Technology

Sydney, Australia

POMT is a provider of audio-visual, workspace, and communications technology solutions. POMT was founded in 1996 and is based in Sydney, Australia.

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