M&A Deal Summary

Convergint Acquires Beckwith Electronic Systems

On December 5, 2022, Convergint acquired business services company Beckwith Electronic Systems

Acquisition Highlights
  • This is Convergint’s 3rd transaction in the Business Services sector.
  • This is Convergint’s 34th transaction in the United States.
  • This is Convergint’s 3rd transaction in Texas.

M&A Deal Summary

Date 2022-12-05
Target Beckwith Electronic Systems
Sector Business Services
Buyer(s) Convergint
Deal Type Add-on Acquisition

Target

Beckwith Electronic Systems

Pflugerville, Texas, United States
Beckwith Electronic Systems is a family-owned business specializing in the design, sales, installation, and service of communication, security, and life safety systems. The company serves customers in the healthcare, education, commercial, apartment/condos, restaurant, senior housing, Government, and hotel industries. Beckwith Electronic Systems was formed in 1962 and is based in Pflugerville, Texas.

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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 51 of 61
Sector: Business Services M&A 3 of 4
Type: Add-on Acquisition M&A Deals 47 of 56
State: Texas M&A 3 of 4
Country: United States M&A 34 of 40
Year: 2022 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-05 Beckwith Electronic Engineering

San Antonio, Texas, United States

Beckwith Electronic Engineering is a family-owned business specializing in the design, sales, installation, and service of communication, security, and life safety systems. The company serves customers in the healthcare, education, commercial, apartment/condos, restaurant, senior housing, Government, and hotel industries. Beckwith Electronic Engineering is based in San Antonio, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-05 Ballou Fire Systems

Houston, Texas, United States

Ballou Fire Systems is an integrator that designs, installs, and services electronic life safety, security, and communications systems. Ballou Fire Systems was founded in 2015 and is based in Houston, Texas.

Buy -