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  6. Convergint Acquires Panavideo

M&A Deal Summary

Convergint Acquires Panavideo

On April 3, 2024, Convergint acquired safety/security company Panavideo

Acquisition Highlights
  • This is Convergint’s 29th transaction in the Safety/Security sector.
  • This is Convergint’s 5th transaction in Canada.
  • This is Convergint’s 2nd transaction in Quebec.

M&A Deal Summary
Date 2024-04-03
Target Panavideo
Sector Safety/Security
Buyer(s) Convergint
Deal Type Add-on Acquisition

Target

Panavideo

Quebec City, Quebec, Canada
Panavideo is an integrator that specializes in the design, implementation, and servicing of intricate, cutting-edge access control and video security solutions throughout Quebec. Panavideo was formed in 1969 and is based in Quebec City, 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 54 of 61
Sector: Safety/Security M&A 29 of 33
Type: Add-on Acquisition M&A Deals 50 of 56
State: Quebec M&A 2 of 2
Country: Canada M&A 5 of 6
Year: 2024 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-09 Peace of Mind Technology

Sydney, Australia

POMT is a provider of audio-visual, workspace, and communications technology solutions. POMT was founded in 1996 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-18 Helinick

Bucharest, Romania

Helinick is a Romania-based integrator that specializes in the design and implementation of electronic security, fire safety, communications, and building management systems. Helinick was founded in 1991 and is based in Bucharest, Romania.

Buy -
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