Download PDF version Contact company

ACRE, a global brand providing state-of-the-art security systems, announced the acquisition of Razberi Technologies based in Farmers Branch, Texas. This purchase will enhance ACRE’s strategic expansion plans for strengthening its video and communications business and product portfolio.

This is the latest M&A transaction since ACRE completed the acquisitions of two access control businesses - Open Options in December 2018 and RS2 in May 2019; both of which have continued to prosper and build ACRE’s overall market position. Razberi will significantly increase ACRE’s position in the communications and video market, enhancing the ComNet portfolio and providing complementary technologies to its access control brands.

System health monitoring technology

In addition, Razberi provides increased cyber security protection and threat response times

Razberi, which was founded in 2011, has developed a portfolio of products that enable enterprises to deploy a simple, secure best-of-breed video surveillance system. Razberi’s open product platforms work with third-party video cameras, video management and video analytics software. In addition, Razberi provides increased cyber security protection and threat response times.

ACRE will leverage the technology and expertise of Razberi beyond video across its access control brands for providing server builds, cyber security and system health monitoring. ACRE CEO Joseph Grillo stated that this transaction will continue to expand ACRE’s competitive position in a highly fragmented market with great growth potential.

Advanced cyber security

“The acquisition of Razberi boosts ComNet’s reach in the communications space and enhances our product portfolio with the addition of advanced cyber security and system health monitoring technologies,” said Grillo. “We are excited to join the ACRE organisation with its strong global reach that will open new opportunities for the Razberi product range,” said Tom Galvin, Founder and Chief Product Officer, Razberi. 

Tom Galvin will remain as the General Manager of the business post-acquisition and will be instrumental in integrating Razberi into ACRE. Imperial Capital were the advisors to Razberi on this transaction. Financial details of the transaction were not released. 

Download PDF version Download PDF version

In case you missed it

How did security change for the better in 2024?
How did security change for the better in 2024?

2024 was a year of significant challenges and remarkable progress in a world that is more interconnected than ever. Global collaboration continues to point the way toward continuin...

Keyless security with ASSA ABLOY at Helsinki Airport
Keyless security with ASSA ABLOY at Helsinki Airport

Managing access to and around Helsinki Airport is a complex task. Around 15,000 people work there daily pre-pandemic passenger numbers hovered around 60,000 to 70,000. Challenges...

Heathrow Airport transforms security with Genetec solutions
Heathrow Airport transforms security with Genetec solutions

Genetec Inc., a pioneering technology provider of unified security, public safety, operations, and business intelligence solutions, announced that Heathrow Airport’s multi-ye...

Quick poll
Which AI-powered capability will dominate in the years ahead?