Mergers & Acquisitions

Resideo Technologies Acquires Shoreview Distribution To Expand Business Operations In The Adjacent Markets

Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announces it has acquired privately held Shoreview Distribution (‘Shoreview’), based in Foxboro, Massachusetts. Shoreview was founded in 1989 and is a distributor of professional audio, video, lighting, display and broadcast equipment. With warehouse locations on the east and west coasts, Shoreview serves customers acr...

STOPware Attains LenelS2 Factory Certification And Joins Its OpenAccess Alliance Program (OAAP)

STOPware, Inc. has announced that it has received LenelS2 factory certification and joined the LenelS2 OpenAccess Alliance Program (OAAP). STOPware’s Visitor Management System interfaces with the OnGuard access control system, thereby allowing STOPware features to be leveraged by OnGuard system users.   Seamless access control “STOPware has completed required factory testing at LenelS2 to validate the functionality of its interface to the OnGuard system. The integration o...

LEONARDO S.p.A. Signs Purchase Agreement To Acquire 25.1% Of HENSOLDT AG’s Shares

LEONARDO S.p.A. has announced that it has signed a purchase agreement for 25.1 percent of the shares in HENSOLDT AG with HENSOLDT's majority shareholder, Square Lux Holding II S.à r.l., a portfolio company of investment funds advised by KKR. HENSOLDT, thus, will gain one additional major shareholder and future potential strategic partner. The sale is subject to usual regulatory closing conditions. LEONARDO investment in HENSOLDT Square Lux Holding II S.à r.l. will still hold aro...

Resideo Acquires Norfolk Wire & Electronics To Expand Business In Adjacent Categories

Resideo Technologies, Inc. announces it has acquired privately held Norfolk Wire & Electronics (‘Norfolk’), based in Richmond, Virginia. Norfolk was founded in 1985 and is a regional distributor of security, telecom, network, and audio-video (AV) related products, supplies, and tools. With 11 full-service retail locations and a 43,000 sq. ft. distribution center, Norfolk serves customers across the mid-Atlantic region and will be part of Resideo's ADI Global Distribution busines...

Allied Universal Appoints Mike Beregovsky To Look After Their Global Merger And Acquisition Activities

Allied Universal®, a security and facility services company in North America, recently appointed Mike Beregovsky as Chief Merger & Acquisition Officer and Co-Head of Strategy & Investor Relations. Danette Perkins has been promoted to President of Mergers & Acquisitions for North America. Beregovsky will be responsible for working with the company's executive leadership team to develop and execute the strategic direction for the organization to continue driving strong, consistent...

Videonetics & Axis Communications Enhance Technology Partnership Under Axis Application Development Partner (ADP) Program

Videonetics, the globally renowned AI & DL powered Unified Video Computing Platform (UVCP) strengthens its technology partnership with Axis Communications, the globally renowned company in IP surveillance, by co-creating and delivering numerous integrated solutions under Axis Application Development Partner (ADP) program, to meet growing demands of different market segments. Axis ADP Program The Axis Application Development Partner (ADP) Program is designed to help software vendors streaml...