Allegion Acquires Next Door Company

February 4, 2025

Allegion plc has acquired the business and operations of Next Door Company, a privately held Miami-area manufacturer of stainless steel and hollow metal doors. The deal expands Allegion's specialty door solutions and integrates Next Door into Allegion Americas to leverage Allegion's manufacturing, specification and distribution scale; terms were not disclosed.

Buyers
Allegion plc
Targets
Next Door Company
Sellers
Next Door Company (privately held), Justin Schechter (owner)
Location
Florida, United States
Transaction Type
Buyout

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