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  5. ISEO Ultimate Access Technologies Acquires Sofia Locks

M&A Deal Summary

ISEO Ultimate Access Technologies Acquires Sofia Locks

On October 25, 2021, ISEO Ultimate Access Technologies acquired internet software and services company Sofia Locks

Acquisition Highlights
  • This is ISEO Ultimate Access Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is ISEO Ultimate Access Technologies’ 1st transaction in Italy.

M&A Deal Summary
Date 2021-10-25
Target Sofia Locks
Sector Internet Software and Services
Buyer(s) ISEO Ultimate Access Technologies
Deal Type Add-on Acquisition

Target

Sofia Locks

Milan, Italy
Sofia Locks is a PropTech company specialising in cloud-native access control systems for buildings and spaces such as co-living, co-working, retail, and flexible workplaces. Sofia Locksprovides hardware (smart locks, sensors, readers) and software (APIs, cloud platform) solutions for managing access, credentials and space usage. Sofia Locks was founded in 2015 and is based in Milan, Italy.

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Buyer(S) 1

Buyer

ISEO Ultimate Access Technologies

Pisogne, Italy
Category Company
Founded 1969
Sector Safety/Security
DESCRIPTION

ISEO Ultimate Access Technologies is a manufacturer of mechanical, mechatronic, and digital solutions for access control and security. The Company provides products for passive protection and security systems, including locks, cylinders, access systems, and anti-panic devices for buildings and individuals. ISEO Ultimate Access Technologies was founded in 1969 and is based in Pisogne, Brescia, Italy.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2021 M&A 1 of 1
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