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Allegion completed the acquisition of Gatewise.

Synopsis

Allegion, a security products and solutions provider, completed the acquisition of Gatewise, a provider of smart access control solutions in the US multifamily marketplace. Financial terms were not disclosed. "This acquisition strengthens Allegion’s position as a leader in smart, secure and scalable access solutions, especially for multifamily property owners and their residents. Together, Gatewise and Zentra will bring a more complete access and security solution to multifamily properties, delivering recurring value to our customers and end users with seamless, safe experiences," John H. Stone, Allegion President and CEO.

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