M&A Deal Summary

Convergint Acquires Altel

On August 27, 2018, Convergint acquired safety/security company Altel

Acquisition Highlights
  • This is Convergint’s 14th transaction in the Safety/Security sector.
  • This is Convergint’s 3rd transaction in Canada.
  • This is Convergint’s 1st transaction in Quebec.

M&A Deal Summary
Date 2018-08-27
Target Altel
Sector Safety/Security
Buyer(s) Convergint
Deal Type Add-on Acquisition

Target

Altel

Laval, Quebec, Canada
Altel, Inc. is a developer of sophisticated, intelligent electronic security solutions for customers across many vertical markets. Altel, Inc. was founded in 2004 and is based in Laval, Quebec.

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Buyer(S) 1

Buyer

Convergint

Schaumburg, Illinois, United States
Category Company
Founded 2001
Sector Safety/Security
DESCRIPTION

Convergint is a designer, installer, and services integrated building systems including electronic security, fire alarm, and life safety systems. Convergint was founded in 2001 and is based in Schaumburg, Illinois.

DEAL STATS #
Overall 22 of 56
Sector (Safety/Security) 14 of 31
Type (Add-on Acquisition) 19 of 52
State (Quebec) 1 of 2
Country (Canada) 3 of 5
Year (2018) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-02 Access Control Technologies

Clifton, New Jersey, United States

Access Control Technologies, Inc. is a provider of an integrated security solutions involving access control, video surveillance, identity management and alarm monitoring to over 1,000 customers in New York, New Jersey, Connecticut, Delaware and eastern Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Integrated Security Solutions

Cottage Grove, Wisconsin, United States

Integrated Security Solutions, Inc. is a single source provider of electronic and physical security solutions. Integrated Security Solutions, Inc. was founded in 1993 and is based in Cottage Grove, Wisconsin.

Buy -
Mergr

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