M&A Deal Summary

ASSA ABLOY Acquires Level Lock

On September 10, 2024, ASSA ABLOY acquired manufacturer Level Lock

Acquisition Highlights
  • This is ASSA ABLOY’s 13th transaction in the Manufacturing sector.
  • This is ASSA ABLOY’s 33rd transaction in the United States.
  • This is ASSA ABLOY’s 9th transaction in California.

M&A Deal Summary
Date 2024-09-10
Target Level Lock
Sector Manufacturing
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Level Lock

Redwood City, California, United States
Level Lock provides home automation and smart home control. Level Lock was formed in 2016 and is based in Redwood City, California.

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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 124 of 127
Sector (Manufacturing) 13 of 13
Type (Add-on Acquisition) 120 of 122
State (California) 9 of 9
Country (United States) 33 of 34
Year (2024) 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-22 SKIDATA

Salzburg, Austria

SKIDATA AG is a providers of access solutions and visitor management. SKIDATA was founded in 1977 and is based in Salzburg, Austria.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 IXLA

Romano, Italy

IXLA is a manufacturer of advanced laser and color personalization systems for cards and passports. IXLA is based in Romano, Italy.

Buy -
Mergr

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