M&A Deal Summary

ASSA ABLOY Acquires Vigil Health Solutions

On January 17, 2022, ASSA ABLOY acquired safety/security company Vigil Health Solutions

Acquisition Highlights
  • This is ASSA ABLOY’s 16th transaction in the Safety/Security sector.
  • This is ASSA ABLOY’s 4th transaction in Canada.
  • This is ASSA ABLOY’s 2nd transaction in British Columbia.

M&A Deal Summary
Date 2022-01-17
Target Vigil Health Solutions
Sector Safety/Security
Buyer(s) ASSA ABLOY
Deal Type Add-on Acquisition

Target

Vigil Health Solutions

Victoria, British Columbia, Canada
Vigil Health Solutions develops and markets a proprietary technology platform combining software and hardware to provide alarm systems and solutions that guide care of and monitor seniors living in senior living communities. Vigil Health Solutions is based in Victoria, British Columbia.

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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 100 of 124
Sector (Safety/Security) 16 of 18
Type (Add-on Acquisition) 96 of 120
State (British Columbia) 2 of 2
Country (Canada) 4 of 8
Year (2022) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 Malkowski - Martech

Kornik, Poland

Malkowski - Martech offers a comprehensive service of all types of fire protection gates Marc in the period of warranty and post-warranty service. The company ensures proper product maintenance, repair, and replacement of all parts or components that have worn out during operation, technical support, and carrying out activities to ensure the safety and reliability of the product during the entire period of its use, and constant contact with customers who purchased products. Malkowski - Martech is based in Kornik, Poland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-21 Jotec

Erkelenz, Germany

Jotec is a regional industrial door distributor and service company. Jotec was founded in 1985 and is based in Erkelenz, Germany.

Buy -
Mergr

Product

Company

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