M&A Deal Summary

Permaconn Acquires Patriot Systems

On May 21, 2024, Permaconn acquired software company Patriot Systems

Acquisition Highlights
  • This is Permaconn’s 1st transaction in the Software sector.
  • This is Permaconn’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2024-05-21
Target Patriot Systems
Sector Software
Buyer(s) Permaconn
Deal Type Add-on Acquisition

Target

Patriot Systems

Gisborne, New Zealand
Patriot Systems is a provider of an alarm response management software solutions. Patriot Systems is based in Gisborne, New Zealand.

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Buyer(S) 1

Buyer

Permaconn

Rydalmere, Australia
Category Company
Founded 1999
Sector Safety/Security
DESCRIPTION

Permaconn provides critical alarm comms for high-value industries including financial, retail, government, and educational institutions. Permaconn was founded in 1999 and is based in Rydalmere, Australia.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (New Zealand) 1 of 1
Year (2024) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Romteck

Osborne Park, Australia

Romteck is a manufacturer specializing in ultra-high-reliability safety-critical telemetry (IoT) solutions. It serves customers across multiple industries with a diverse product range, enabling automatic fire alarm monitoring and emergency lift communications. Romteck is based in Osborne Park, Australia.

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