Convergint Technologies announces acquisition of security firm LSSI
Category: #business  By Pranali Mehta  Date: 2019-09-05
  • share
  • Twitter
  • Facebook
  • LinkedIn
Convergint Technologies announces acquisition of security firm LSSI
  • Global system integrator takes over security solutions industry-leader Life Safety Solutions Provider
     
  • Founded in 1978, LSSI has an industry experience spanning over 4 decades, and has built and maintained long-lasting customer relationships through high-quality and valued security services.

Illinois-based security equipment provider Convergint Technologies LLC has reportedly announced the acquisition of leading security systems provider Life Safety Solutions Integrators (LSSI).

Based in Virginia, LSSI is known for producing innovative security solutions including fire alarms, life safety systems and security systems, with more than 40 years of industry experience.

This acquisition will give Convergint access to LSSI’s offices in Virginia and Maryland as well as 125 experienced professionals working with customers across multiple industries including healthcare, educational and municipal markets, among others.

According to Convergint CEO Ken Lochiatto, LSSI’s service driven business model and focus on building solid customer relationships is in line with their own objectives, with their shared belief in providing efficient services to customers & colleagues being the driving force behind his alliance. He also expressed his anticipation at having the LSSI experts and their talents on board with Convergint.

LSSI President Randal Garden also spoke about the acquisition, stating that their alliance with Convergint was the natural next stage in taking their services and offerings to new heights. He spoke about his excitement on integrating their skills with Convergint’s, including their prowess in AV solutions. Mr. Garden stated that the amalgamation of their collective experience and matching cultural philosophies would be the way to a bright future for both organizations.

This deal is the latest in a long line of acquisitions carried out by Convergint since 2016. As the 26th acquisition, LSSI brings the total number of Convergint’s technology centers to 116.

Convergint Technologies is a US-based electronic equipment provider on a global scale, involving the design, development and installation of various electronic security systems, fire alarms and life safety systems among others.

Source Credit: https://www.convergint.com/convergint-technologies-acquires-life-safety-solutions-integrators/

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

Neuralink to do trials for brain implants in human post FDA approval
Neuralink to do trials for brain implants in human post FDA approval
By Pranali Mehta

Neuralink Corp., a Elon Musk founded neurotechnology company, has reportedly obtained clearance from the US Food & Drug Administration (FDA) to proceed with its first clinical study involving humans. The approval is a significant leap forward ...

House of Lithium acquires EU micromobility startup Reby for USD 100M
House of Lithium acquires EU micromobility startup Reby for USD 100M
By Pranali Mehta

Canadian private equity firm House of Lithium has reportedly acquired Reby. The company was already a significant shareholder in the micromobility startup. The acquisition transaction was valued at USD 100 million. In a statement, Kevin Taylor, th...

Meesho to slash 251 jobs in new round of layoffs at its core unit
Meesho to slash 251 jobs in new round of layoffs at its core unit
By Pranali Mehta

Indian unicorn Meesho, an eCommerce platform, has recently confirmed a second round of layoffs within one year. This time it will terminate around 15% of its personnel, which is 251 employees, according to a spokesperson. Backed by Softbank and he...