Announced
Completed
Financials
Tags
locks
keys
security products
Security Equipment
Acquisition
Private
Completed
Single Bidder
Private Equity
United States
Domestic
Majority
Friendly
Synopsis
Dominus Capital-backed Lockmasters, a locks, tools and hardware company, completed the acquisition of Allied Locksmith Supply, an automotive and commercial locksmith products distributor. Financial terms were not disclosed. "We are looking forward to carrying the torch on Allied's core automotive remote and transponder keys distribution business as the 40-year family owners transition into retirement. Now that all operations are integrated into Lockmasters and the product offerings have been made available on our e-commerce platform, we will be able to focus on delivering the best possible technical sales and rapid order fulfilment that customers have come to expect at both Lockmasters and Allied," Joe McCormack, Lockmasters CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.