Vanderbilt acquires Irish access control firm ACT

This transaction will allow it to expand its reach in the access control market and improve its product catalog, as it will incorporate a cloud-based system and a fully integrated video management solution.

The company specialized in the supply of security systems, Vanderbilt, has reached an agreement to acquire Dublin-based company Access Control Technology (ACT). This operation will allow it to expand its expansion strategy and its access control business.

Founded in 1995, ACT is specialized in the design and manufacturing of electronic access control solutions, video management and door opening systems. It is based in Dublin, has an office in Manchester (United Kingdom) and has a distribution network that includes Europe, Asia and the Middle East, with sights set on entering the North American market.

Joseph Grillo, Vanderbilt CEO, believes that this operation will allow it to continue expanding the company's competitive position in a market characterized by its high fragmentation and great growth potential..

“The acquisition of ACT will increase the company's reach in the access control market and enhance our product portfolio., as it will incorporate a cloud-based access control system and a fully integrated video management system”.

This transaction occurs after the integration of the Siemens business has been completed, Security Products, which was acquired in 2015.

“Being part of this international organization will open new opportunities for ACT solutions. Over the course of just a few years, “Vanderbilt has positioned itself as a leader in a rapidly growing market.”, comments David Tymlin, managing director of ACT.

Financial details of the transaction have not been disclosed.. The transaction is expected to close in the fourth quarter of 2016.