Red Hawk’s market-leading position has led to double-digit revenue growth and channel share increases in government, financial services, healthcare and education end markets, according to the company. Red Hawk leverages a robust platform to provide a differentiated fire and security solution across a diverse set of customers, markets and geographies. Related: Bold Perennial Acquires Security Information & Management Systems fire and security operations division of United Technologies Corp. Under the ADT umbrella, Red Hawk Fire & Security’s ability to showcase its products and services to a wider range of national account and enterprise-level customers will be significantly accelerated, while also increasing ADT’s technician workforce dedicated to the commercial customer, according to the announcement.īased here, Red Hawk was formed as an independent, unified fire and electronic security services brand to serve commercial customers after Comvest Partners acquired the U.S. “ADT has a strong track record of successfully integrating acquisitions and we look forward to welcoming the talented Red Hawk team to the company.” “With the added robust portfolio of fire and life safety solutions, as well as additional scale through commercially-focused sales professionals and technicians, we enhanced our position as a leader in commercial security, just as we are today in the residential market,” DeVries says. In the announcement, ADT President and CEO Jim DeVries says the acquisition will strengthen the company’s growth in the commercial security market and meaningfully expand its product portfolio with the introduction of commercial fire safety-related solutions.
The all-cash $317.5 million transaction was first announced Oct. ADT (NYSE: ADT) announced Monday it has completed its acquisition of Red Hawk Fire & Security, a leader in commercial fire, life safety and security services and portfolio company of Comvest Partners.
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