Announced
Completed
Financials
Sources
Tags
Cross Border
financial technology
Private Equity
Netherlands
Security Equipment
security systems
Single Bidder
hardware supplies
Acquisition
Friendly
Production Technology Equipment
Completed
Majority
Private
Synopsis
York Capital Management-backed Cennox, a financial services firm, completed the acquisition of Company Group, including Lincsafe, a company which provides cash management hardware, Merlin, a specialty retailer, Cashtester, a banking equipment manufacturer, and Secusystems, a security system provider. Financial terms were not dislosed. "As Cennox continues to deliver on our growth strategy and build a strong, market leading business, the acquisition of Lincsafe, Merlin, Cashtester and Secusystems will further cement our position as the leading go-to partner for companies seeking to strengthen their organisation's technology, security, and infrastructure capabilities. I look forward to working alongside Ron van Veenendaal, and his team, as we advance our goals of delivering our world class service," Clive Nation, Cennox Chief Executive Officer.
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