M&A Deal Summary

Lockmasters Acquires Allied Locksmith Supply

On June 28, 2023, Lockmasters acquired distribution company Allied Locksmith Supply

Acquisition Highlights
  • This is Lockmasters’ 1st transaction in the Distribution sector.
  • This is Lockmasters’ 1st transaction in the United States.
  • This is Lockmasters’ 1st transaction in Ohio.

M&A Deal Summary
Date 2023-06-28
Target Allied Locksmith Supply
Sector Distribution
Buyer(s) Lockmasters
Deal Type Add-on Acquisition

Target

Allied Locksmith Supply

Youngstown, Ohio, United States
Allied Locksmith Supply is a distributor of approximately 9,000 automotive and commercial locksmith products consisting of automotive remote & transponder keys, locks, and related products as well as residential key blanks & accessories. Allied Locksmith Supply is based in Youngstown, Ohio.

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Buyer(S) 1

Buyer

Lockmasters

Nicholasville, Kentucky, United States
Category Company
Founded 1955
Sector Safety/Security
DESCRIPTION

Lockmasters is a provider of proprietary products, educational training and distribution of third-party combination locks and hardware to the government and security professional industry. Lockmasters was founded in 1955 and is based in Nicholasville, Kentucky.

DEAL STATS #
Overall 1 of 2
Sector (Distribution) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-06 JLM Wholesale

Oxford, Michigan, United States

JLM Wholesale is a specialty wholesale distributor of commercial door hardware and security solutions. JLM Wholesale is based in 1984 and is based in Oxford, Michigan.

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