US —Systems integrator Convergint Technologies completed the acquisition of GS Security Services, a firm that Convergint has partnered with in the past.
“We have a number of global companies in New England and they have helped us service them,” said Dan Moceri, executive chairman of Convergint.
Founded in 2007 by Eric Sink, Joe Gillis, and Nick Sink, GS has 27 employees and does business throughout New England. “They have good local customer base and some good national and global customers,” Moceri said. GS’s larger customers will benefit from Convergint’s global footprint, which includes more than 50 offices.
Moceri declined to name terms of the deal, which was announced 6 April.
This is Convergint’s second acquisition this year. In January, it acquired Beacon Security and Communications, which is based in England.
Moceri said Convergint “has more acquisitions in the hopper that we expect to close later in the year.”
Convergint did US $411 million in business in 2014. The company “continues to expand and invest. We add one person a day somewhere in the organisation,” he said. “We had record bookings in the first quarter that we expect to translate to revenue in the latter part of the year,” Moceri said.