Security

Building the Physical Security Business Through Merger & Acquisition

Based on M&A data collected over the last 17 years on the Physical Security industry, our annual report shows a general upward trend in consolidation of the industry over this period with 4 cycles of rise and fall sometimes exaggerated by a number of billion dollar mega deals. In 2017 mergers and acquisitions at $6.213Bn looks like the start of a new wave of growth. The structure of the industry is still very fragmented with hundreds of small companies finding it increasingly difficult to compete. It looks inevitable that the general trend line of value and volume of mergers and acquisitions will continue upwards over the next 5 years. There is also a need for the leading western players in the Video Surveillance industry to go for scale and quickly. Merger and acquisition is the most appropriate strategy to achieve this. The reasons for this are both to fight off Chinese manufactures that are now […]

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Most Popular Articles

Security Drones Video Surveillance 2025
Security

Drones Disrupting Security: How They Fit into the 2025 Security Landscape

Security drones are no longer a novelty. Across data centers, corporate campuses, solar farms, and high-value commercial properties, unmanned aerial vehicles (UAVs) are transitioning from occasional surveillance tools to integrated, autonomous assets embedded within enterprise security operations. What began as manual flyovers for perimeter checks has evolved into sophisticated workflows where drones launch automatically in […]

Kieback&Peter Building Automation 2024
Smart Buildings

Kieback&Peter’s 2025 Minority Investment from Trane Strengthens their European Position

This Research Note examines the recent announcement by Trane Technologies to acquire a minority stake in Kieback&Peter. We highlight the transaction details, the target firm profile, and financials before assessing the strategic rationale of the acquisition. Transaction Details On 22nd October 2025, Trane Technologies announced a definitive agreement with Kieback&Peter Group (K&P), a European leader in […]

Salto Systems IDM 2025
Security

Salto Systems Accelerates Beyond Access Control: 4 Strategic Investments

In this Research Note, we examine the Salto Systems business, based on their 2024 revenues and milestones, product innovation and strategic minority investments in 2024 and 2025. Founded in 2001 and headquartered in Oiartzun, Spain, Salto Systems is one of the market leaders in electronic locking and access control solutions across a broad range of […]

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