Verisure to acquire ADT Mexico from Johnson Controls for $230m.

Verisure, a provider of professionally monitored security services, agreed to acquire ADT Mexico, a provider of electronic security solutions, from Johnson Controls, security solutions company, for $230m. "We are excited to welcome ADT Mexico into the Verisure family. We are always highly selective on mergers and acquisitions due to our strong organic growth profile and our focus on quality intake. We regard this as a high-quality business that will accelerate our move into Mexico. This acquisition reinforces our commitment to bringing our innovative security services to more customers. We look forward to working with our new colleagues to continue delivering peace of mind to families and businesses in Mexico," Austin Lally, Verisure CEO.