Florac, Alantra, Sofina and Peninsula Capital completed the acquisition of a 22% stake in Salto Systems for 153m.

Private equity firms Florac, Alantra, Sofina and Peninsula Capital completed the acquisition of a 22% stake in Salto Systems, a manufacturer and distributor of security products, for $153m. The funds raised through this transaction allowed SALTO to acquire Gantner Electronic Austria, an Austrian company specialized in access systems, electronic locking and locker systems, cashless payment, cash register and billing systems, staff time recording systems as well as ticketing and management software for leisure facilities.