2025 Security Industry Mergers and Acquisitions: Key Moves Reshaping the Landscape

Throughout 2025, mergers, acquisitions, divestitures and major investment moves reshaped the competitive landscape of the security industry. From private equity-driven consolidation and portfolio realignments to strategic bets on cloud platforms, monitoring services, and access control technologies, these transactions signaled where capital is flowing and how companies are positioning for long-term growth.

The following list highlights the most consequential industry transactions covered by Locksmith Ledger and SecurityInfoWatch in 2025.

ASSA ABLOY Acquires Sargent and Greenleaf

For the locksmith market, ASSA ABLOY’s largest acquisition was acquired Sargent and Greenleaf, a leading manufacturer of high-security mechanical and electronic locking solutions and safe locks with a more than 160-year history in the locksmith industry.  Based in Nicholasville, Kentucky, S&G specializes in high-quality mechanical and electronic locks for safes, vaults and highly sensitive SCIF environments.

This is the third ownership change in the last 25 years for S&G, which was an independent lock manufacturer from its start in 1857 until 2005. In January of 2005, S&G was acquired by The Stanley Works and became a subsidiary of the Stanley Security Solutions group. Then, in 2019, Stanley Black & Decker sold the company to OpenGate Capital, a global private equity firm.

While Sargent and Greenleaf may have been ASSA ABLOY’s largest acquisition this year, it was far from their only one. Additional acquisitions included:

International Door Products (IDP), a U.S. manufacturer of standard and custom fire-rated steel door frames. Founded in 1977, IDP manufactures prefinished steel door frames that are kerfed or non-kerfed, adjustable or fixed, including fixed sidelites and borrowed lites, as well as other door components and accessories such as casing, sills, and custom stained glass. The company is located in Southfield, Michigan in an 83,000-square-foot facility with state-of -the-art equipment for stamping, forming, welding, and powder coating.  

Metal Products Inc. (“MPI”), a U.S. manufacturer of custom made hollow metal doors and frames. MPI was founded in 1980 and has 170 employees. The main office and factory are located in Corbin, Kentucky.

TeleAlarm Group, a European provider of remote care technology that combines hardware and software solutions, enabling independent living across the social care and home care segment, based in Germany.

Pedestal PRO, a U.S. manufacturer of access control pedestals, bollards, and innovative mounting solutions, based in Linden, Utah.

Wallace & Wallace and Wallace Perimeter Security, a Canadian manufacturer, distributor and installer of perimeter fencing, door and gate solutions for the commercial and residential markets,

dormakaba has signed a binding agreement to acquire Avant-Garde Systems Inc., one of the largest independent solution providers for entrance control systems in the United States. The Avant-Garde acquisition adds key capabilities in target strategic growth verticals such as data centers, airports and nation-wide integrators.

Till Reuter, CEO dormakaba, says: “We are delighted to welcome the Avant-Garde team into our Group. This acquisition is an important piece to advance our North American growth plan. It will strengthen our entrance systems control capabilities, enhancing our high-margin business as well as positioning us for growth in our key verticals: airports and data centers.”

This transaction was expected to close in early January.

dormakaba has also acquired TANlock, a leading German provider of high-security access solutions for data centers and other critical infrastructure. This acquisition strengthens dormakaba’s position in the data center markets by enhancing its offerings and driving further growth.

Founded in 2018 and based in Georgensgmünd, Germany, TANlock GmbH specializes in innovative high-security access solutions. With a dedicated team of around 30 professionals, TANlock's intelligent access control system enhances server cabinet security with electromechanical rack locks, various authentication modules, and IP readers. The system integrates seamlessly into existing IT infrastructures, making it ideal for both retrofits and new installations. Scalable, future-proof, and compatible with access control platforms beyond dormakaba, TANlock offers a reliable and innovative solution for safeguarding critical infrastructure.

Allegion Acquires Elatec, Next Door Company

Allegion announced a $204 million agreement to acquire Elatec, a provider of RFID reader and credential solutions, strengthening its access control technology portfolio. The deal expands Allegion’s capabilities in multi-technology credential support and global OEM integrations. Executives said the acquisition supports Allegion’s strategy to deepen its role in open, interoperable access ecosystems amid rising demand for flexible identity solutions.

Allegion plc,  through one of its subsidiaries, also has acquired the business and operations of privately held Next Door Company, including its brands and other assets.

Based in Miami, Florida, and founded in 1993, Next Door is a U.S. manufacturer of stainless steel and hollow metal doors, specializing in custom configurations for industrial, commercial and institutional buildings. Next Door complements Allegion’s existing hollow metal doors and frames portfolio and enhances Allegion's specialty offerings.

Lockmasters Acquires Orchard Lock Distributors

Following its 2024 acquisition of JLM Wholesale, Lockmasters, Inc., a portfolio company of Dominus Capital, L.P., has announced its acquisition of Orchard Lock Distributors LLC. Orchard Lock is a specialty wholesale distributor of commercial and architectural door locksets, door hardware, and security solutions, primarily serving the commercial glass and glazing market. Based in Hamden, CT, the company has been operating for more than 50 years and is renowned for exceeding customer expectations and serving as a value-added partner. This acquisition marks the fourth add-on for Lockmasters under Dominus' ownership.

Going forward, Orchard Lock will operate as the New England division of JLM Wholesale, Inc. Daniel Carpey, former President and owner of Orchard Lock,  maintains his leadership role in New Haven and serve as Vice President of Orchard Lock.

CLK Supplies Acquires Lockpicks.com

As of January 13, 2025, CLK Supplies, LLC has successfully acquired Lockpicks.com from Brockhage Corporation. This strategic move brings together two prominent names in the locksmithing supply sector, marking a new chapter for both companies. Lockpicks.com will continue to operate under its established brand, now as part of the CLK Supplies family.

Industry Overview

Looking at the bigger picture, these additional mergers and acquisitions were covered by our sister site, SecurityInfoWatch.com.

Bosch Sells Security and Communications Technology Business to Triton Partners. Bosch announced the sale of its security and communications technology business to private equity firm Triton Partners, marking a significant portfolio shift for the industrial conglomerate. The transaction includes video surveillance, access control, intrusion detection and communications systems. Bosch said the move allows the business to pursue focused growth under new ownership, while Triton gains a global platform positioned for consolidation and operational investment.

SimpliSafe to Join Everon Owner GTCR’s Security Holdings. SimpliSafe agreed to join the security portfolio of private equity firm GTCR, the owner of Everon, in a deal that further expands GTCR’s footprint across residential and commercial security markets. The transaction highlights continued private equity interest in scalable, subscription-driven security businesses and raises questions about long-term brand strategy, channel alignment, and potential synergies across GTCR’s growing security holdings.

GardaWorld’s ECAM Emerges From Strategic Merger of Live Monitoring Leaders. GardaWorld announced the formation of ECAM following the strategic merger of its remote video monitoring operations with other live monitoring assets. The move creates a unified platform focused on video-based deterrence and monitoring services, reflecting broader industry consolidation around technology-enabled guarding models. Company leaders positioned the merger as a step toward scale, operational efficiency, and expanded service capabilities.

Pye-Barker Fire & Safety Announces Acquisition of 13 Fire, Security Companies. Pye-Barker Fire & Safety revealed the acquisition of 13 fire and security companies in a single expansion move, reinforcing its aggressive growth strategy. The transactions extend Pye-Barker’s geographic reach and service capabilities across fire protection, life safety, and security systems. The announcement underscores continued consolidation in the fire and security services market, driven by scale, labor pressures, and recurring inspection revenue.

Honeywell to Pursue 3-Way Company Split. Honeywell disclosed plans to pursue a three-way corporate split, separating its aerospace, automation, and advanced materials businesses into independent companies. The move aims to unlock shareholder value and sharpen strategic focus within each segment. For the security industry, the announcement raised questions about the future positioning of Honeywell’s building technologies and how increased independence could influence investment, innovation, and partnerships.

Everon Bets On Multifamily Scale With ADT B2B Deal. Everon entered into an agreement with ADT to acquire its multifamily commercial security business, signaling a strategic bet on scale in the multifamily sector. The deal expands Everon’s customer base and recurring revenue footprint while reinforcing its focus on enterprise and property-level security services. Industry observers viewed the move as part of broader repositioning following Everon’s separation from ADT.

Alarm.com Takes Majority Stake in CHeKT to Enhance Remote Video Monitoring Services. Alarm.com acquired a majority stake in CHeKT, a provider of remote video monitoring and verification services, strengthening its position in video-enabled alarm response. The investment reflects growing demand for verified response, crime deterrence, and integrated monitoring workflows. Alarm.com said the move supports its ecosystem strategy by extending professional monitoring capabilities tied to its platform.