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Announced

Completed

Dominus Capital-backed Lockmasters completed the acquisition of Allied Locksmith Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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locks

keys

security products

Security Equipment

Acquisition

Private

Completed

Single Bidder

Private Equity

United States

Domestic

Majority

Friendly

Synopsis

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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.

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