Allegion Acquires ISONAS
June 28, 2018
Allegion plc has agreed to acquire Boulder, Colorado-based access control company ISONAS; the deal is expected to close early in the third quarter of 2018, subject to customary conditions. ISONAS, which generated approximately $6 million in net sales in 2017, will operate within Allegion's Americas region and expand Allegion's portfolio of IP-based access control technologies.
- Buyers
- Allegion plc
- Targets
- ISONAS
- Industry
- Manufacturing
- Location
- Colorado, United States
- Transaction Type
- Buyout
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