M&A Deal Summary

Stanley Black & Decker Acquires Stanley Security Solutions

On November 25, 2002, Stanley Black & Decker acquired safety/security company Stanley Security Solutions for 310M USD

Acquisition Highlights
  • This is Stanley Black & Decker’s 1st transaction in the Safety/Security sector.
  • This is Stanley Black & Decker’s 12th largest (disclosed) transaction.
  • This is Stanley Black & Decker’s 4th transaction in the United States.
  • This is Stanley Black & Decker’s 1st transaction in Indiana.

M&A Deal Summary

Date 2002-11-25
Target Stanley Security Solutions
Sector Safety/Security
Buyer(s) Stanley Black & Decker
Deal Type Add-on Acquisition
Deal Value 310M USD

Target

Stanley Security Solutions

Indianapolis, Indiana, United States
Stanley Security Solutions, Inc. (formerly Best Access Systems) is a global provider of security access control systems. Its products include mechanical access hardware and electronic access controls that are used in government offices, military facilities, hospitals, commercial buildings and educational facilities worldwide.

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Buyer(S) 1

Buyer

Stanley Black & Decker

New Britain, Connecticut, United States

Category Company
Founded 1843
Sector Diversified
Employees48,500
Revenue 15.4B USD (2024)
DESCRIPTION
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.

Stanley Black & Decker is a diversified global producer of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, infrastructure solutions and more. Stanley Black & Decker was founded in 1843 and is based in New Britain, Connecticut.


DEAL STATS #
Overall 4 of 27
Sector: Safety/Security M&A 1 of 9
Type: Add-on Acquisition M&A Deals 3 of 21
State: Indiana M&A 1 of 1
Country: United States M&A 4 of 20
Year: 2002 M&A 1 of 1
Size (of disclosed) 12 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-12 Contact East

North Andover, Massachusetts, United States

Contact East, Inc. operates direct mail distributor of electronic tools and production supplies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-18 Stanley Security Products

Swindon, United Kingdom

Stanley Security Products (formerly Blick plc) is a U.K. integrator of security solutions, communication, and time management solutions to the commercial and industrial sectors.

Buy $165M