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M&A Deal Summary

Allegion Acquires Dorcas

On March 4, 2024, Allegion acquired safety/security company Dorcas

Acquisition Highlights
  • This is Allegion’s 4th transaction in the Safety/Security sector.
  • This is Allegion’s 1st transaction in Spain.

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

Target

Dorcas

Valencia, Spain
Dorcas is a manufacturer of electro-mechanical access control solutions that specializes in the production of electric strikes, electro-mechanical and electro-magnetic locks, as well as complementary access control solutions and door control products. Dorcas solutions are distributed and sold internationally with a strong presence across European markets, including healthcare and education verticals. Dorcas was founded in 1971 and is based in Valencia, Spain.

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Buyer(S) 1

Buyer

Allegion

Dublin, Ireland
Category Company
Founded 2013
Sector Safety/Security
Employees12,200
Revenue 3.7B USD (2023)
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 20 of 24
Sector: Safety/Security M&A 4 of 4
Type: Add-on Acquisition M&A Deals 17 of 21
Country: Spain M&A 1 of 1
Year: 2024 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-07 plano

Ilmenau, Germany

plano is a software-as-a-service (SaaS) workforce management solution provider. The company's key aspects include consultation, development of complex software products for client's needs, implementation, parameterization, training courses, software support, and software maintenance. plano is based in Ilmenau, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Krieger

Pico Rivera, California, United States

Krieger manufactures special-purpose doors and windows for industrial, commercial, and institutional markets. The company's solutions include security, radio frequency, acoustical, forced entry, bullet, blast, and thermal applications, and they’re installed in a wide range of facilities ranging from data centers, hospitals, power plants, and government offices to broadcasting stations, theaters, museums, and banks. Krieger is based in Pico Rivera, California.

Buy -
Mergr

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