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Allegion Acquires Boss Door Controls, Bolstering UK Business with Complementary Portfolio and Broader Channel Access

Feb 01, 2024•almost 2 years ago

Acquiring Company

Allegion

Acquired Company

BOSS DOOR CONTROLS LIMITED

DublinLivingstonWholesaleManufacturingWholesale Building Materials

Description

Allegion plc, a leading global security products and solutions provider, has acquired Boss Door Controls, a door solutions provider in the UK. This strategic acquisition complements and expands Allegion's business in the UK, providing a broader portfolio of products and solutions and enhancing customer access to high-quality security solutions.

Company Information

Company

Allegion

Location

Dublin, Dublin, Ireland

About

Allegion is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed