Oct 7, 2010

Security Industry Posts the Biggest Monthly Acquisition Spend on Record

The value of transactions this month is the highest ever recorded for a single month during the last three years, with two purchases each being more than a billion dollars. Acquisition transactions in September were 25 percent up on the same period in 2009, which incidentally was the highest number recorded in that year. Consolidation activity for the first nine months of this year far exceeds the same period in 2009 and 2010 looks like setting a new record; for most of the majors including Honeywell Security, Schneider, Siemens Building Technologies, Johnson Controls, Bosch Security Systems and UTC Fire & Security have yet to seal a deal this year.  read more

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