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M&A Deal Summary

Convergint Acquires Diebold Nixdorf - Asia Pacific Electronic Security Business

On April 5, 2021, Convergint acquired safety/security company Diebold Nixdorf - Asia Pacific Electronic Security Business from Diebold Nixdorf

Acquisition Highlights
  • This is Convergint’s 21st transaction in the Safety/Security sector.
  • This is Convergint’s 25th transaction in the United States.
  • This is Convergint’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2021-04-05
Target Diebold Nixdorf - Asia Pacific Electronic Security Business
Sector Safety/Security
Buyer(s) Convergint
Sellers(s) Diebold Nixdorf
Deal Type Divestiture

Target

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.

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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 37 of 61
Sector: Safety/Security M&A 21 of 33
Type: Divestiture M&A Deals 4 of 5
State: Ohio M&A 2 of 4
Country: United States M&A 25 of 40
Year: 2021 M&A 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Seal Telecom

São Paulo, Brazil

Seal Telecom is a multinational solutions integrator. The Company offers innovative Audio & Video, Unified Communication, Smart Buildings, Broadcast, Fire & Security solutions that are customized to the needs of each customer. Seal Telecom was founded in 1999 and is based in São Paulo, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 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.

Buy -

Seller(S) 1

SELLER

Diebold Nixdorf

North Canton, Ohio, United States
Category Company
Founded 1859
Sector Information Technology
Employees21,000
Revenue 3.8B USD (2024)
DESCRIPTION
Diebold Nidorf's corporate headquarters in North Canton, Ohio.
Diebold Nidorf's corporate headquarters in North Canton, Ohio.

Diebold Nixdorf is a leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. The Company has a presence in more than 130 countries with approximately 23,000 employees worldwide. Diebold Nixdorf was incorporated in 1859 and is based in North Canton, Ohio.

DEAL STATS #
Overall 6 of 6
Sector: Safety/Security M&A 2 of 2
Type: Divestiture M&A Deals 6 of 6
State: Ohio M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-17 Diebold Nixdorf Portavis

Hamburg, Germany

Diebold Nixdorf Portavis GmbH provides IT services for setting up and running IT infrastructure solutions.

Sell -
Mergr

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