Ares Management has announced that a fund managed by its Private Equity Group has acquired Convergint Technologies, an independent security integrator, from investment funds affiliated with KRG. Terms of the transaction were not disclosed.
Based in Schaumberg, Illinois, Convergint provides comprehensive security integration and fire and life safety services in more than 80 locations across four continents. Since its founding in 2001, Convergint has grown to employ more than 3,400 colleagues as the business continues to expand its security offerings and geographic footprint. Central to this growth is Convergint’s strong corporate culture, which focuses on providing best-in-class service to meet its customers’ unique security needs.
