Announced
Financials
Tags
Single Bidder
vault solutions
Friendly
United States
Acquisition
Pending
Private
Security Equipment
Majority
Domestic
Synopsis
Convergint Technologies, a global, service-based systems integrator, agreed to acquire Custom Vault, which designs and installs complex, high-security modular vault solutions. Financial terms were not disclosed. “Today’s announcement marks an exciting new chapter for both companies, our customers in the financial industry, and the future growth of Convergint. As we continue to execute on our strategic growth strategy, one essential ingredient we seek before determining our interest is their investment and commitment to foster an inclusive, supportive culture—and Custom Vault Corporation embodies just that. This combination will further strengthen our ability to provide our customers in the financial industry with an unparalleled customer service experience,” Ken Lochiatto, Convergint Technologies CEO.
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