ACRE Completes Acquisition of Security Identification Systems Corporation

0

ACRE has completed its acquisition of Security Identification Systems Corporation (SISCO.)

“SISCO has been a pioneer in the visitor management segment and has continued to innovate and expand its roadmap over the years,” said Don Joos, CEO, ACRE. “This acquisition will improve our reach and ability to respond to the ever-increasing need for greater oversight of who is within a facility at any given time. It will also significantly increase our innovation capabilities. We are thrilled to welcome the talent and energy of the SISCO organization to our team.”

At the end of 2021, ACRE acquired Feenics and Matrix. ACRE, which Triton purchased in March 2021, continues to look for opportunities to consolidate the industry, create global scale and expand the solution portfolio with innovative, leading technologies.

“Through the process, we saw clear opportunities for growth as both companies place a similar focus on long-term client relationships,” said Anthony Zagami, CEO, SISCO. “ACRE is transforming the security industry, and we are pleased to have the opportunity to embrace new possibilities that will enhance our ability to protect infrastructure, people, and assets.”

The financial details of the transaction were not disclosed.

Share.

Comments are closed.