ASSA ABLOY Acquires Level Lock
September 10, 2024
ASSA ABLOY has acquired Level Lock, a Redwood City, California–based smart lock and digital access platform founded in 2016. The acquisition adds Level Lock’s hardware and digital access technology to ASSA ABLOY’s portfolio to strengthen its digital offering across the Americas; Level Lock reported about $16M sales in 2023 and ~70 employees.
- Buyers
- ASSA ABLOY
- Targets
- Level Lock
- Industry
- Building Products
- Location
- California, United States
- Transaction Type
- Buyout
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