Funds advised by Triton (‘Triton’) acquired ACRE, an end-to-end security solutions provider based in Dallas/USA and Dublin/Ireland. Triton will invest alongside the current management team of ACRE. ACRE’s previous majority investor, LLR Partners, who has partnered with the company since 2013, will exit the business.
The financial terms of the transaction were not disclosed. ACRE is a pioneer in the delivery of security systems for access control and intrusion detection as well as innovative video solutions with a communication networking and intelligent appliance portfolio.