Announced
Financials
Tags
United States
Security Services
Electrical Components
Private
Pending
Majority
Private Equity
Acquisition
Friendly
fire alarm
Single Bidder
Synopsis
Sciens Building Solutions, a Huron Capital portfolio company, agreed to acquire SmartWatch Security & Sound, security, fire alarm & sound integrator. Financial terms were not disclosed. The acquisition will further increase the company's presence in Florida, providing Sciens with beneficial expertise and resources in access control, video surveillance and sound, while expanding product offerings across new and existing customers. "Sciens' strong market experience and operational expertise combined with our capabilities and relationships are expected to enhance our ability to serve our loyal customers and new clients. We are already recognized as a provider of choice by our existing customer base, and we are excited to leverage this position, as well as Sciens' institutional knowledge and capabilities to pursue continued market penetration and growth together," Madelaine Lock, SmartWatch President.
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