1 Apr 2021
Triton’s Acquisition of ACRE Sets Us Up for Success
It’s been an exciting few weeks at Vanderbilt! We are thrilled to announce that our parent company, ACRE, was recently acquired by European investment firm, Triton. This is a perfect match for ACRE as Triton invests in businesses that serve in the industrial, business services, consumer, and health sectors, and they seek to contribute to the building and positive development of their businesses in the long run.
Triton currently holds 45 companies in its portfolio, which have a combined sales of $21.7 billion and around 100,800 employees. We are looking forward to working with an investment firm that strives to deliver high-quality resources promoting business growth, and supplies their investments with the proper tools required for ongoing business acceleration.
The Value of Triton
As you may already know, ACRE is a global leader in the delivery of security systems for access control and intrusion detection, as well as innovative video solutions. The software and solutions provided by ACRE’s family of companies (Vanderbilt, Open Options, RS2 Technologies, ComNet and Razberi) help secure the highest valued assets of large and small customers operating in the private and public sectors.
With Triton’s acquisition this will not only bring industry expertise and additional capital to support ACRE’s continued innovation, but provide greater resources to expand ACRE’s reach, drive innovation across our product portfolios, and continue to build robust service and support strategies to service the needs of our customers and partners. .
Joseph Grillo, ACRE’s CEO, stated: “As we reach our next stage of growth and strive to hit new milestones, we are pleased to welcome Triton as the partner to help us expand our presence and capabilities organically and via new acquisitions. This partnership will allow us to continue to invest in innovation and bring our market-leading solutions to customers.”
As ACRE grows, we ourselves will continue to choose our acquisitions strategically. We were incredibly proud of our Razberi acquisition, and we will always look for opportunities that are transformative, remembering that not everything we acquire may be a company or brand, but could be a product or name. We trust that with Triton’s investment there will be many more opportunities to come, and we are excited for the future this new leadership brings.