1. Home >
  2. ASSA ABLOY Acquires 3millID

M&A Deal Summary

ASSA ABLOY Acquires 3millID

On January 8, 2025, ASSA ABLOY acquired safety/security company 3millID

Acquisition Highlights
  • This is ASSA ABLOY’s 20th transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 36th transaction in the United States.
  • This is ASSA ABLOY’s 1st transaction in Colorado.

M&A Deal Summary
Date 2025-01-08
Target 3millID
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

3millID

Highlands Ranch, Colorado, United States
3millID is a solutions provider of proprietary access control readers and technology-enabled products. 3millID was founded in 2015 and is based in Highlands Ranch, Colorado.

Search 204,714 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ASSA ABLOY

Stockholm, Sweden
Category Company
Founded 1954
Sector Manufacturing
Employees62,538
Revenue 140.7B SEK (2023)
DESCRIPTION

ASSA ABLOY is a Swedish lock manufacturer, and is the world's largest lock manufacturer by sales volume. ASSA ABLOY was founded in 1954 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 131 of 135
Sector (Safety/Security) 20 of 22
Type (Add-on Acquisition) 126 of 130
State (Colorado) 1 of 1
Country (United States) 36 of 37
Year (2025) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-08 Third Millennium

New Inn, United Kingdom

Third Millennium is a manufacturer of advanced access control readers and specializes in the introduction of new technologies to the access control market. Third Millennium was founded in 1996 and is based in New Inn, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-24 InVue Security Products

Charlotte, North Carolina, United States

InVue Security Products is a provider of precision-engineered connected asset protection and access control solutions. InVue Security Products was founded in 1972 and is based in Charlotte, North Carolina.

Buy -
Mergr

Product

Company

Legal