ADT is set to Acquire Red Hawk Fire & Security from Comvest Partners for $317.5m.

ADT is set to Acquire Red Hawk Fire & Security, a leader in commercial fire, life safety and security services, from Comvest Partners for $317.5m. “Commercial security is one of the core pillars of ADT’s growth strategy and today’s announcement marks a significant step in our concerted efforts to expand our commercial business with the critical capabilities and services that our customers expect. “Red Hawk’s exceptional portfolio of commercial fire and security solutions complements ADT’s existing commercial business, positioning us to provide a superior customer experience at a local and national level. We are excited to welcome the talented and experienced Red Hawk team to the ADT family while expanding our geographic reach, service capabilities and product offerings. Having long admired Red Hawk, we are confident that combining the strengths of our two companies will allow us to deliver increased value to our customers and shareholders.” Jim DeVries, ADT President and CEO