Add-on Acquisition • Safety/Security

Altus Acquires Adcock s Systems

On March 15, 2022, Altus acquired safety/security company Adcock s Systems

Acquisition Context
  • This is Altus’ 3rd transaction in the Safety/Security sector.
  • This is Altus’ 3rd transaction in the United States.
  • This is Altus’ 1st transaction in Maryland.

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M&A Deal Summary

Date March 15, 2022
Target Adcock s Systems
Sector Safety/Security
Buyer(s) Altus
Deal Type Add-on Acquisition

Target Company

Adcock s Systems

Waldorf, Maryland, United States
Adcock's Systems is a full-service fire alarm, electrical and sprinkler contracting company featuring the latest industry technology, including Honeywell's Notifier products. Adcock's Systems was founded in 1998 and is based in Waldorf, Maryland.
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Buyer Overview 1

Buyer

Altus

New York, New York, United States

Category Company
Sector Safety/Security
DESCRIPTION

Altus is a full-service fire and life safety services platform. Altus offers a complete suite of solutions, from the design, engineering, installation, and servicing of state-of-the-art fire and life safety systems, to training, consulting, crisis management, and business continuity services. Altus is headquartered in New York City.


Deal Context for Buyer #
Overall 3 of 9
Sector: Safety/Security 3 of 8
Type: Add-on Acquisition 3 of 9
State: Maryland 1 of 1
Country: United States 3 of 9
Year: 2022 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-02 NISCO

Malden, Massachusetts, United States

NISCO is a provider in critical fire alarm and life safety solutions for commercial customers in Massachusetts and New Hampshire, serving the education, commercial office, healthcare and pharmaceutical end markets. NISCO was founded in 1982 and is based in Malden, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Croker

Elmsford, New York, United States

Croker provides a wide range of fire and life safety services for the workplace, including drills, planning, educating, training, exercising, and consulting services as well as crisis management and business continuity services. Croker operates through three subsidiaries, Croker Fire Drill Corporation, Croker Fire Safety Corporation, and Croker Fire & Life Safety Institute. Croker was established in 1911 and is based in Elmsford, New York.

Buy -