Announced
Completed
Financials
Tags
Ireland
application software
Online and Social Platforms
Majority
Single Bidder
Cross Border
Friendly
Private
Private Equity
Acquisition
Completed
Synopsis
Triton-backed ACRE, an assets reconstruction company, completed the acquisition of Time Data Security, an application software company. Financial terms were not disclosed. “This is the beginning of an exciting new chapter for TDS. We are delighted to join ACRE with its strong global reach, which will accelerate our growth plans and support our ambitions to be the top provider of smart workplace solutions for enterprise businesses. TDS’s senior board member, Sean Murphy and I are particularly excited to work with Joe Grillo and the management team to further strengthen ACRE’s position as the global leader in the delivery of integrated technologies and services," Frank Hart, TDS Founder and CEO.
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