Stanley Black & Decker News

Recently, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc. Following customary regulatory approvals, the acquisition is complete, and the joint potential of the two businesses is unleashed. Securitas holds a strong position within the security services market and has continuously built a robust platform within the technology and solutions area to meet the increasing demand for smarter, innovative, technol...

Allegion plc, a security products and solutions provider has, through its subsidiaries, completed the previously announced acquisition of Stanley Access Technologies LLC (“Access Technologies”) and assets related to the automatic entrance solutions business from Stanley Black & Decker, Inc. for $900 million in cash. Access Technologies is a manufacturer, installer and service provider of automatic doors in North America, primarily in the United States and Canada. Its diversifi...

Consolidation is a dominant trend in the security marketplace. Large companies typically swallow up smaller companies as a means of expanding both their technology portfolios and their geographic reach. Sometimes a big fish is swallowed up by an even bigger fish.   Despite the pandemic and resulting economic challenges, the security market has continued to be a desirable environment for both big players and startups, which then provide abundant acquisition targets for the larger compa...

Recognising the industry’s need for current and comprehensive compensation data, particularly for security integrators, organisations have partnered to launch the 2022 security industry compensation study presented by the Foundation for Advancing Security Talent (FAST). In addition to FAST, which is providing funding support, this research initiative brings together support from the Electronic Security Association (ESA), PSA Security Network (PSA), the Security Industry Association (SIA)...

The acquisition of Stanley Security is conditional upon regulatory approval and customary closing conditions and is now expected to close during the third quarter of 2022. On December 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc.(“Stanley Security”) for a purchase price of MUSD 3 200 on a debt and cash-free basis. CEO’s comments on the acquisition The regulatory approval proc...

Allegion plc, a global security products, and solutions provider has signed a definitive agreement to acquire Stanley Access Technologies LLC (‘Access Technologies’) and assets related to the automatic entrance solutions business from Stanley Black & Decker, Inc. for $900 million in cash. When adjusted for approximately $90 million in tax benefits, the purchase price is $810 million on a cash-free, debt-free basis. Reducing the amount paid by the tax benefits, the purchase price...

Mergers and acquisitions are among the most disruptive forces in the security marketplace. However, they are also both a reality and a growing trend. Whenever there is value to be leveraged, companies tend to enter into business transactions to maximise that value. For the security industry, the result is a continually shifting collection of manufacturer companies seeking new ways to provide value to customers. M&A activity continued unabated in 2021, despite residual industry challenges su...

Stanley Black & Decker announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion in cash. The proposed transaction includes Stanley Black & Decker's Commercial Electronic and Healthcare Security business lines ("Security").  Transaction proceeds The businesses carry 2021 forecasted revenues of approximately $1.7 billion with an adjusted EBITDA margin in the low double-digits,...

The Foundation for Advancing Security Talent (FAST) announces an extension of its free job listings for Electronic Security Association (ESA) and Security Industry Association members in an effort to aid in the industry’s economic recovery and workforce development efforts following challenges presented by the COVID-19 pandemic. ESA and SIA members will now be able to list jobs on the FAST Jobs Board for free through August 31, 2022. SIA and ESA members can post jobs for free by taking th...

STANLEY Security, a global integrator of comprehensive security solutions and an electronic security company, has announced its investment in Evolv Technology, the globally renowned company in artificial intelligence (AI)-based touchless security screening. This investment, backed by STANLEY Ventures, the venture capital arm of Stanley Black & Decker, forms a strategic partnership between the two companies. Evolv Express Evolv Express, the company’s touchless security screening syst...

STANLEY Security, an integrator of comprehensive security solutions, appointed Chadi Chahine as Chief Financial Officer. Chadi will be responsible for helping accelerate short- and long-term business objectives while also ensuring strategic financial decisions and initiatives operate with excellence. “Chadi will be a pivotal member of the STANLEY Security team, leading the overall financial strategy and planning while also laying the groundwork for future corporate initiatives,” sai...

PAC & GDX, providers of access control and door entry solutions, are showcasing the range and depth of their innovative technology on Stand IF2930 at IFSEC International 2019. From a single door installation to a fully integrated network based system, the company’s extensive portfolio provides unbeatable reliability and robust functionality, at a price point that enables installation in a diverse range of residential and commercial buildings. In order to provide integrators and end us...

3xLOGIC, PAC/GDX and PACOM, providers of security and access control solutions, have announced they will be exhibiting on stand IF2930 at IFSEC International 2019, which takes place on 18th-20th June at ExCeL, London. For over 15 years as one of the USA’s most respected innovators in server, cloud and artificial intelligence-based solutions, 3xLOGIC has an enviable track record in redefining what’s possible with security technology. After successfully launching into the European mar...

Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announces that OpenGate Capital, a global private equity firm, has entered into an agreement to acquire S&G from Stanley Black & Decker. The transaction is anticipated to be completed in Q1 2019. Financial terms were not disclosed. Established in 2005, OpenGate Capital specialises in the acquisition and operation of businesses to create new value through operational improvement, innovation a...

3xLOGIC, Inc., a provider of integrated, intelligent security solutions, and a three-time Deloitte Technology Fast 500 winner, announced continued expansion of the company’s staff to align with its new global growth strategy. As previously announced, 3xLOGIC, PACOM, and PAC/GDX have joined forces to build the strongest and most innovative security manufacturer in the industry. The businesses will continue to operate under their own branding as usual and will report to a global management t...

With innovative flair, characteristic Italian design and the quality of its products, Replay has become a leader in jeans and denim-based clothing manufacturers. It recently initiated a security and access control upgrade programme throughout its premises and decided to install solutions from PACOM, a STANLEY Products and Solutions company. Since 1996 Replay has been headquartered in the Italian hilltop town of Asolo in a 25,000m2 reproduction of an early 20th century American industrial buildi...

With a mission to provide and maintain good quality homes for Blackpool Council’s tenants and leaseholders, BCH has won a number of awards and accreditations for housing, repairs, customer services and community projects. The safety and security of residents is a high priority for BCH, which is why it has used products from STANLEY Products & Solutions for many years. During this time the primary system was made up of a GDX5 door entry system, along with an Indigo 1000 access control...

Sonitrol, the provider of verified electronic security systems, launches TotalGuard, an all-in-one solution that provides video verification, impact activated audio, glass break detection, wireless support, Sonitrol Mobile App (video surveillance, alarm events, arm/disarm system), and so much more. TotalGuard is a perfect solution for the small business market looking for a low cost monitored security option; allowing Sonitrol to compete and have advantage over the popular DIY security systems....

Designed as a scalable system for small to medium sized enterprises (SMEs), the pioneering PAC8 access control solution from PAC, a STANLEY Product and Technology company, uses Bluetooth Low Energy (BLE) and app-based functionality to offer a whole new level of reliability and flexibility. IT and mobile communications have had a dramatic effect on the security industry by facilitating the development of new technologies that would have been unimaginable just a few years ago. When it comes to ac...

Wolverhampton Homes manages and maintains over 23,500 homes on behalf of The City of Wolverhampton Council. In order to provide residents with the highest standards of security and safety, it has installed access control and door entry products from GDX by STANLEY. Wolverhampton Homes is a not-for-profit organisation that was formed in 2005 with a mission to provide good quality homes and great customer service for The City of Wolverhampton Council’s tenants and leaseholders. It is respon...

STANLEY Product and Technology, a provider of security, access control and door entry solutions, will be showcasing the latest innovations from its PACOM and PAC GDX brands at IFSEC 2018. Specialising in integrated security solutions, for over 35 years PACOM has been trusted by some of the most prestigious organisations around the world in sectors such as banking and finance, healthcare, education, critical infrastructure, logistics, telecommunications and utilities. By visiting Stand F222 vis...

PACOM Systems, part of STANLEY Product & Technology, a provider of security and access control solutions, has announced that its PACOM 8003 intelligent security control panel has achieved BS8243 PD662-2017 approval. A true hybrid panel, the PACOM 8003 is capable of delivering both advanced access control and EN Grade 3 intrusion detection, and this exciting development means that its level of adoption can be significantly expanded throughout the UK, which will help provide a growing number o...

GDX by STANLEY Product & Technology, a leading provider of door entry systems, has announced the UK launch of GDX7 – a cutting edge Power Line Ethernet (PLE) system that utilises a standard 2-Core cable for transmitting all communications and power to each component of the system. Suitable for use in a diverse range of housing association applications, as well as commercial environments, the highly robust GDX7 has been approved by Secured by Design - a group of national police projects...

STANLEY Product and Technology, a division in Stanley Black & Decker and global provider of security and access control solutions, will be exhibiting at Skydd & Säkerhet, which takes place between the 24th-25th January at the MalmöMässan trade fair and convention centre in Malmö, Sweden. The last 12 months has been a period of considerable activity for STANLEY and Skydd & Säkerhet provides the perfect opportunity to meet directly with integration partners an...

The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT Stanley Black & Decker, an S&P 500 global diversified industrial company, announced that it has entered into a definitive agreement to sell the majority of its Mechanical Security businesses to dormakaba for $725 million in cash. The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT, which together represented LTM revenues and EBITDA of approximately...

STANLEY partners with WWP Warriors to Work programme and Bradley-Morris, Inc. to employ former U.S. service members STANLEY Security, a leading global manufacturer and integrator of comprehensive security solutions for a wide range of industries, announces the launch of a nationwide veteran recruiting programme by entering into partnerships with the Wounded Warrior Project® (WWP) Warriors to Work® veteran employment program and Bradley-Morris, Inc., the largest militar...