M&A Deal Summary

Convergint Acquires Security Solutions & Management

On March 5, 2019, Convergint acquired safety/security company Security Solutions & Management

Acquisition Highlights
  • This is Convergint’s 18th transaction in the Safety/Security sector.
  • This is Convergint’s 18th transaction in the United States.
  • This is Convergint’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2019-03-05
Target Security Solutions & Management
Sector Safety/Security
Buyer(s) Convergint
Deal Type Add-on Acquisition

Target

Security Solutions & Management

Pineville, North Carolina, United States
Security Solutions & Management LLC is a provider of military and commercial security solutions includes physical security information management systems that integrate video surveillance, access control, building management, identity management, and IT security.

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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 27 of 56
Sector (Safety/Security) 18 of 31
Type (Add-on Acquisition) 24 of 52
State (North Carolina) 1 of 1
Country (United States) 18 of 36
Year (2019) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 MTS Security

Ballymount, United Kingdom

MTS Security is an independently owned security systems company, supplying a single-source solution to clients in the U.K. and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Life Safety Solutions Integrators

Manassas, Virginia, United States

Life Safety Solutions Integrators LLC offers a wide range of turnkey services within the life safety and security space, including sales, design, installation, and service. LSSI was formed in 1978 and is based in Manassas, Virginia.

Buy -