Houlihan Lokey Advises ACRE

Houlihan Lokey is pleased to announce the successful sale of Access Control Related Enterprises, LLC (ACRE), a portfolio company of LLR Partners, to Triton Investments Advisers LLP. The transaction closed on March 11, 2021.

ACRE is a global leader 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. The software and solutions provided by ACRE’s family of companies (Vanderbilt, Open Options, RS2 Technologies, ComNet, and Razberi) help secure the highest valued assets of thousands of large and small customers operating in the private and public sectors. Today, ACRE employs approximately 325 employees in more than 25 countries.

LLR Partners is a middle-market private equity firm investing in technology, security, and healthcare businesses. Founded in 1999 and with more than $5 billion raised across six funds, LLR is a flexible provider of equity capital for growth, recapitalizations, and buyouts.

Triton Investments Advisors LLP was established in 1997 and has sponsored nine funds, focusing on businesses in the industrial, business services, consumer, and health sectors. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change toward sustainable operational improvements and growth. The 45 companies currently in Triton's portfolio have combined sales of around €18.2 billion and around 100,800 employees.

Houlihan Lokey served as the exclusive sellside financial advisor to ACRE and LLR Partners and assisted in initiating, structuring, and negotiating the transaction on their behalf. The transaction exemplifies the continued success of Houlihan Lokey’s dedicated coverage of the security and safety and industrial technology sectors.