ACRE Acquires Communication Networks (ComNet)
December 16, 2016
Access Control Related Enterprises (ACRE), a portfolio company of LLR Partners, has acquired Communication Networks, LLC (ComNet), a Danbury, Connecticut-based manufacturer and distributor of fiber optic, copper and wireless video and data transmission equipment for security, transportation, utility and industrial markets. The acquisition is an add-on to the ACRE family intended to expand its communication technology offerings and create product synergies across access control, intrusion, video and cloud-based solutions; terms were not disclosed.
- Buyers
- Access Control Related Enterprises (ACRE), LLR Partners
- Targets
- Communication Networks, LLC (ComNet)
- Platforms
- Access Control Related Enterprises (ACRE)
- Industry
- Manufacturing
- Location
- Connecticut, United States
- Transaction Type
- Addon
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