M&A Deal Summary

Acre Security Acquires Communication Networks

On December 13, 2016, Acre Security acquired technology hardware company Communication Networks

Acquisition Highlights
  • This is Acre Security’s 1st transaction in the Technology Hardware sector.
  • This is Acre Security’s 3rd transaction in the United States.
  • This is Acre Security’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2016-12-13
Target Communication Networks
Sector Technology Hardware
Buyer(s) Acre Security
Deal Type Add-on Acquisition

Target

Communication Networks

Danbury, Connecticut, United States
Communication Networks LLC (dba ComNet) is a manufacturer of video and data transmission equipment. ComNet focuses on manufacturing and sales of specialized communications and networking solutions to the security market, intelligent transportation system market, and power transmission and distribution market.

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Buyer(S) 1

Buyer

Acre Security

Las Vegas, Nevada, United States

Category Company
Founded 2012
Sector Technology Hardware
Employees400
Revenue 226M EUR (2021)
DESCRIPTION

Acre Security is a manufacturer of electronic security products that are emphasizing the ongoing transition to more open platform systems. Acre Security was founded in 2012 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 3 of 10
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 3 of 10
State (Connecticut) 1 of 1
Country (United States) 3 of 8
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-03 Vanderbilt Industries

Parsippany, New Jersey, United States

Vanderbilt Industries engages in creating state-of-the-art security systems. Company innovate access control technology by designing, manufacturing and distributing systems that make environments safe, secure and easy to maintain. Vanderbilt’s products range from single-user systems so simple that they can be installed in one day to highly customized applications that fit the unique requirements of leading multi-national corporations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-18 Mercury Security Products

Long Beach, California, United States

Mercury Security Products is a manufacturer of OEM hardware and also the supplier of controllers for physical access control. Mercury Security Products was founded in 1992 and is based in Long Beach, California.

Sell -