Triton Partners-backed ACRE to acquire Feenics and Matrix Systems.

Triton Partners-backed ACRE, a provider of state-of-the-art security systems, agreed to acquire Feenics, an innovative access control system based on open hardware manufactures, and Matrix Systems, a provider of hardware and software solutions. Financial terms were not disclosed. "Feenics' cloud architecture and Matrix’s simplified approach to integration have helped both brands build significant loyalty from a wide range of customers in rapidly growing markets, and we look forward to supporting both brand’s continued growth," Joe Grillo, ACRE CEO.