Imperial Capital - Experts & Thought Leaders

The Security Industry Association (SIA) has announced the schedule, speaker lineup and program for the 2024 Securing New Ground (SNG), the security industry’s executive conference, taking place October 8-9 at the Westin New York Grand Central in New York City. At SNG 2024, the security industry will gather for top-level information sharing, networking and business analysis. This year’s Securing New Ground conference will shape industry trends and offer opportunities to engage with the pioneers who are driving the future of security. Insights for the security industry The 2024 program will explore current and cutting-edge issues, like how digital change will reinvent The 2024 program will explore the most current and cutting-edge issues, like how digital transformation will reinvent corporate security operations and the future of mobile credentials; share investment insights for the security industry; showcase in-depth one-to-one interviews with top executives in the industry; and foster new connections through interactive sessions and dynamic roundtable discussions. “SIA is thrilled to present a stellar lineup of security industry executives at the 2024 Securing New Ground conference – a highly anticipated program featuring the top security luminaries, innovators and pioneers and examining the most critical business and security topics in our industry,” said SIA Board of Directors Chair Scott Dunn. “This year’s conference will offer attendees a variety of candid, insightful conversations on the most current trends, shifts and challenges in global security and how the industry’s pioneering players are navigating these changes and plenty of opportunities to network, share information and form meaningful connections with other security visionaries.” Highlights of the 2024 SNG program A keynote address from Phil Mackintosh, chief economist and senior vice president at Nasdaq, about how market conditions and financial indicators will impact the U.S. and global economies. Compelling executive conversations with Rob Aarnes, president of ADI Global Distribution; Sergio Castillejos, vice president and general manager of Honeywell Commercial Security; Ann Fandozzi, CEO of Convergint; Steve Jones, CEO of Allied Universal; Filip Kaliszan, CEO and co-founder of Verkada; Masato Nakao, CEO of i-PRO; George Oliver, chairman and CEO of Johnson Controls; and Pierre Racz, CEO of Genetec. Trends and challenges in global security Executives speaking in the event program represent major industry sectors like access control, video surveillance, systems integration, distribution, finance, security staffing, identity, critical event management, data sharing, and more. The conference program will see the return of the popular “View From the Top” session on major trends and challenges in global security, featuring top executives from integration, product manufacturers and the practitioner's voice. Security Megatrends session Security Megatrends session that forecasts pioneering trends expected to change the industry over the next one to five years Also returning is the ever-insightful Security Megatrends session that forecasts pioneering trends expected to change the industry over the next one to five years, along with the Investment Insights panel that breaks down the numbers behind industry investments, mergers and acquisitions activity, lending and private equity. The conference will also see the presentation of the 25 on the RISE Awards winners, a recognition program for young pioneers in the security industry, nominated by their peers as rising stars in security. The full agenda is available and a current list of speakers is also available on the conference website. SNG 2024 sponsors  For the first time in 2024, included in the ticket to Securing New Ground is an exclusive evening reception and a can’t-miss evening dinner event featuring a dynamic presentation from an inspiring guest speaker to be announced soon. Registration for SIA members is $1,145 (a savings of $850 off the regular rate). Security practitioners are invited to attend for $495, and government security pioneers are provided complimentary access. SNG 2024 is supported by sponsors ACRE, ADI, Allegion, ASSA ABLOY, Axis Communications, Bosch, Convergint, Eagle Eye Networks, Genetec, Hanwha Vision, HID, Honeywell, Imperial Capital, i-PRO, M.C. Dean, M.C. Dean, Milestone, Raymond James, SAGE Integration, Securitas Technology, SwiftConnect, Verkada, Vivotek, Wachter, Wavelynx and Wesco; industry supporters ISC Security Events and PSA; and media partners Access Control Executive Brief, International Security Journal, Security Business, SecurityInfoWatch, Security Journal Americas and Security Technology Executive.

Identiv, Inc., a global digital security and identification pioneer in the Internet of Things (IoT), has entered into a definitive asset purchase agreement to sell its physical security, access card, and identity reader operations and assets to Vitaprotech, a security solutions provider. The proceeds from the sale will significantly strengthen Identiv’s financial position, generating capital to fund future organic and inorganic growth of its specialty IoT solutions business.  Under the terms of the agreement, Identiv will receive a cash payment of $145 million upon closing of the transaction, subject to customary adjustments. Identiv, Inc. will remain a publicly listed company on the Nasdaq stock exchange under the ticker symbol “INVE”.  Prior roles of Newquist Identiv told the work of Kirsten Newquist as President, of IoT Solutions, effective April 15, 2024 Aligned with this strategic direction, Identiv announced the appointment of Kirsten Newquist as President, of IoT Solutions, effective April 15, 2024. Ms. Newquist is a seasoned business pioneer with over 25 years of experience in strategy, product management, business development, and global sales and marketing. She will join Identiv after 17 years at Avery Dennison Corporation. She was most recently Global Vice President, Avery Dennison Smartrac, and previously held other leadership roles including the VP/GM of Avery Dennison Medical. Identiv’s IoT solutions  “The Board has successfully concluded its strategic alternatives review with an outcome that we strongly believe is beneficial for all stakeholders,” said James Ousley, Chairman of the Board. “We said at the beginning of this process that we felt each of our business units would benefit from additional resources and management focus to achieve their full potential. We feel this transaction accomplishes both and provides excellent value-creation paths for both businesses." "Identiv’s IoT solutions business opportunity is vast, high growth, and high value-add where we believe we can establish market leadership. We expect to refocus our growth strategy with a particular focus on healthcare-related segments and other high value-add opportunities for which we believe our technology can be both differentiated and transformational.” Organic and inorganic growth strategies Identiv’s aim is to ensure that its technology and core competencies become an integral and critical part “We are thrilled that Kirsten will be joining our executive leadership team,” added Mr. Ousley. “Her prior experience working with healthcare companies and other value-add industries to deploy innovative and impactful IoT solutions is ideal for pioneering Identiv’s post-transaction organic and inorganic growth strategies.”  As the healthcare industry and its providers advance their digital transformations, Identiv’s aim is to ensure that its technology and core competencies become an integral and critical component of its journey, delivering a compelling value proposition for patients, physicians, providers, and payors, and addressing the critical unmet needs in healthcare around data science, compliance, utilisation, effectiveness, and efficiency. Specialty IoT solutions Michael Kellen and Andrew Gundlach, co-CEOs of Bleichroeder LP, Identiv’s largest stockholder, said, “We believe that Identiv's Board has taken the right strategic step to maximise the company's opportunity to build the pioneering company in specialty IoT solutions with a particular focus in healthcare."  "We view this as an opportunity to generate substantial value for stockholders, combining the existing strengths of the current RFID business with world-class IoT industry and healthcare-focused leadership and the capital to actualise their vision.” Vitaprotech’s strategy and vision Trade is also subject to review and approval by the CFIUS and the Federal Trade Commission HSR Act “This is a game-changing transaction for the future of Identiv that we believe is an excellent outcome for our stockholders, employees, customers, and partners,” said Steven Humphreys, CEO of Identiv. “Our globally recognised security business naturally aligns with Vitaprotech’s strategy and vision for the market, creating a world leader in enterprise security. This strategic step is extremely positive for our IoT business, with the capital, leadership, team, and industry position to lead in our markets.” The transaction is expected to close in the third quarter of 2024, subject to stockholder approval and other customary closing conditions. The transaction is also subject to review and approval by the Committee on Foreign Investment in the United States (CFIUS) and the Federal Trade Commission under the Hart-Scott-Rodino (HSR) Act. Identiv’s board of directors Upon closing, certain senior executives will join Vitaprotech, including Identiv CEO Steven Humphreys, at which time incoming President Kirsten Newquist will assume the role of CEO of Identiv. Imperial Capital LLC is serving as financial advisor and Pillsbury Winthrop Shaw Pittman LLP is serving as legal counsel to Identiv. Craig-Hallum Capital Group delivered a fairness opinion to Identiv’s board of directors in connection with the transaction. Conference call Identiv management will hold a conference call on April 3, 2024, at 8:30 a.m. EDT (5:30 a.m. PDT) to discuss the transaction and Identiv’s post-closing business.

The Security Industry Association (SIA) has announced the 2023 schedule, speaker lineup and programme for Securing New Ground (SNG), the security industry’s executive conference, taking place October 17-18 at the InterContinental Times Square in New York City. At SNG 2023, the security industry will gather for top-level information sharing, networking and business analysis. This year’s Securing New Ground conference will shape industry trends and offer opportunities to engage with the providers who are driving the future of security. The 2023 programme will explore the most current and cutting-edge issues, like emerging global threats and artificial intelligence (AI) in security; share chief information officer and chief information security officer perspectives on supply chain and access control; share investment insights for the security industry; and foster new connections through interactive sessions and dynamic roundtable discussions. Author's quote SIA is proud to present the 2023 conference lineup for Securing New Ground–a jam-packed programme  “SIA is proud to present the 2023 conference lineup for Securing New Ground – a jam-packed programme featuring the top security luminaries, innovators and pioneers and exploring the most pressing business and security topics in our industry,” said SIA Board of Directors Chair James Rothstein. He adds, “SNG offers an unparalleled look at key trends in the business of security and the potential of this global industry, as well as the opportunity to form meaningful connections with other visionary leaders. We hope you’ll join us!” Highlights of SNG programme Highlights of the 2023 SNG programme include: A day 1 keynote presentation from James P. O’Neill, senior vice president and head of global security at Visa, about his strategies for Visa’s global physical and personnel security A day 2 keynote address from Phil Mackintosh, chief economist and senior vice president at Nasdaq, about how market conditions and financial indicators will impact the U.S. and global economies Executive conversations with Lucas Boselli, executive vice president and head of Americas at ASSA ABLOY; Bill Geary, executive vice president and general manager, communications at security solutions at Wesco; Bjorn Lidefelt, executive vice president and head at HID Global; George Oliver, chairman and CEO and Johnson Controls; and Pierre Racz, CEO of Genetec The return of the popular “View From the Top” session on major trends and challenges in global security, featuring Dave Ilardi, senior vice president and president of the Americas at Allegion; Ray Mauritsson, CEO of Axis Communications; Nicole McDargh, vice president, safety and loss prevention at Domino’s; and Jeff Stanek, managing director, access solutions at Carrier Fire & Security An engaging presentation on investment insights for the security industry, featuring Alper Cetingok, managing director and head of diversified industrials at Raymond James, and John Mack III, executive vice president at Imperial Capital A star-studded panel of corporate security leaders, including Brian Harrell, vice president at chief security officer at AVANGRID and former assistant secretary for infrastructure protection at the U.S. Department of Homeland Security, who will be exploring challenges ranging from protecting critical infrastructure to protecting critical data Conversation topics at SNG 2023 Additional session and conversation topics at SNG 2023 will include the following: The fast-moving global risk landscape and how industry executives are addressing major trends and challenges The meaningful impact of AI on security applications now and in the near future The future of the security integrator amid major industry upheavals and hiring challenges Predictions on the supply chain of security and other emerging pressures The latest industry investment insights, including perspectives on Wall Street, private equity and mergers and acquisitions. SNG 2023 This event is free for government security providers and just $100 for security practitioners, including security managers, chief security officers, and security directors. Industry registration starts at just $995 for those who register early. SNG 2023 is supported by sponsors ACRE, Allegion, ASSA ABLOY, Axis Communications, Convergint, Hanwha Vision, Imperial Capital, i-PRO, Johnson Controls, LenelS2, Milestone, PrefTech, Raymond James, SAGE Integration, Security-Net, Wachter and Wesco; industry partner ISC Security Events; and media partners International Security Journal, Security Business, SecurityInfoWatch, Security Journal Americas, Security Sales & Integration, Security Systems News and Security Technology Executive.

While unpacking our bags from a trade show, it is interesting to consider the dominant themes and trends we heard and saw at the show. So it is with the recently concluded Global Security Exchange (GSX) show in Chicago, presented by ASIS International. Amid all the product promotion, training sessions, networking and tired feet at the show, what really stood out? We asked this week’s Expert Panel Roundtable: What was the big news at the GSX 2019 trade show in Chicago?

Consolidation – a decrease in the number of companies in a market achieved through mergers and acquisitions (M&A) – has been an important trend among manufacturers in the physical security market for many years. More recently, the trend has also appeared to extend to the integrator market. Larger integrators have been buying up other large integrators; in some cases, they have also been buying up smaller, regional integrators to expand their geographic coverage area. We wondered if this week’s Expert Panel Roundtable has noticed the trend. We asked: Has consolidation among security companies shifted to the integrator/installer market? What is the impact?