M&A Deal Summary

ASSA ABLOY Acquires Nomadix

On March 27, 2024, ASSA ABLOY acquired communications company Nomadix

Acquisition Highlights
  • This is ASSA ABLOY’s 2nd transaction in the Communications sector.
  • This is ASSA ABLOY’s 32nd transaction in the United States.
  • This is ASSA ABLOY’s 8th transaction in California.

M&A Deal Summary
Date 2024-03-27
Target Nomadix
Sector Communications
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Nomadix

Woodland, California, United States
Nomadix is a Wi-Fi access and engagement platform solution for the hospitality and commercial real estate industry. The companies offer a comprehensive tech platform of hardware, software, and analytics tools to securely connect and engage with customers and devices via Wi-Fi networks. Nomadix was formed in 1998 and is based in Woodland, 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 120 of 127
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 116 of 122
State (California) 8 of 9
Country (United States) 32 of 34
Year (2024) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-27 Global Reach

London, United Kingdom

Global Reach is a provider of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industry. The company offers a comprehensive tech platform of hardware, software, and analytics tools to securely connect and engage with customers and devices via Wi-Fi networks. Global Reach is based in London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Messerschmitt Systems

Nuremberg, Germany

Messerschmitt Systems is a manufacturer of specialized access control and room management systems. More than 2,000 hotels are using Messerschmitt Systems worldwide. Messerschmitt Systems was founded in 1994 and is based in Nuremberg, Germany.

Buy -
Mergr

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