M&A Deal Summary

Convergint Acquires Custom Vault

On April 6, 2021, Convergint acquired safety/security company Custom Vault

Acquisition Highlights
  • This is Convergint’s 22nd transaction in the Safety/Security sector.
  • This is Convergint’s 26th transaction in the United States.
  • This is Convergint’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2021-04-06
Target Custom Vault
Sector Safety/Security
Buyer(s) Convergint
Deal Type Add-on Acquisition

Target

Custom Vault

Bethel, Connecticut, United States
Custom Vault designs and installs complex, high-security modular vault solutions for several industries, including government and military, healthcare, financial, and more. Custom Vault was founded in 1984 and is based in Bethel, Connecticut.

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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 38 of 56
Sector (Safety/Security) 22 of 31
Type (Add-on Acquisition) 34 of 52
State (Connecticut) 1 of 1
Country (United States) 26 of 36
Year (2021) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-05 Diebold Nixdorf - Asia Pacific Electronic Security Business

North Canton, Ohio, United States

Diebold Nixdorf’s Asia Pacific Electronic Security Business provides comprehensive security solutions for financial, retail, and other verticals across the APAC region. The company’s service offerings include security system design, integration, installation, maintenance, embedded services, PA system, integrated building management system, and fire system implementation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 PSG

Fresno, California, United States

PSG is a diversified physical security company servicing the financial market vertical in California, Utah, and Arizona. PSG provides a wide range of services from design and installation to commercial electronic security and banking equipment maintenance. PSG is based in Fresno, California.

Buy -
Mergr

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