ACRE (Triton-backed) Acquires Feenics and Matrix Systems

December 2, 2021

ACRE, a Triton Fund V portfolio company, acquired cloud access-control provider Feenics (headquartered in Ottawa) and systems integrator Matrix Systems to broaden its security technology portfolio. The deals expand ACRE's cloud-based ACaaS capabilities and increase its addressable market for integrated access control and video surveillance solutions; financial terms were not disclosed.

Buyers
ACRE
Targets
Feenics, Matrix Systems
Platforms
ACRE
Industry
Cloud & SaaS
Location
United States
Transaction Type
Addon

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