M&A Deal Summary

Costar Technologies Acquires Innotech Security

On January 4, 2017, Costar Technologies acquired safety/security company Innotech Security for 7M USD

Acquisition Highlights
  • This is Costar Technologies’ 1st transaction in the Safety/Security sector.
  • This is Costar Technologies’ largest (disclosed) transaction.
  • This is Costar Technologies’ 1st transaction in the United States.
  • This is Costar Technologies’ 1st transaction in Florida.

M&A Deal Summary
Date 2017-01-04
Target Innotech Security
Sector Safety/Security
Buyer(s) Costar Technologies
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Innotech Security

Pompano Beach, Florida, United States
Innotech Security, Inc. is a provider of customized video, security surveillance systems and components for major U.S. retailers, restaurant chains and public venues requiring high quality, surveillance security.

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Buyer(S) 1

Buyer

Costar Technologies

Coppell, Texas, United States
Category Company
Sector Safety/Security
DESCRIPTION

Costar Technologies is a developer, designer and distributor of security solution products including surveillance cameras, lenses, digital video recorders and high-speed domes. Costar Technologies is based in Coppell, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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