10 Major Security Mergers and Acquisitions From 2022
M&A activity continued to stay strong in the security industry after hitting a lull when COVID hit in 2020. SSI covered roughly 130 deals, about the same as last year.
Though some big deals went down, there wasn’t as much cash that exchanged hands as last year (at least as far as deals go where transaction details were disclosed). Only three deals surpassed the billion dollar mark compared to seven last year.
Interest in the industry from outside of security continued, as private equity firms continued to snap up or invest in security and fire/life-safety firms — or in the case of the third largest deal of 2022, an insurance provider.
In September, insurance provider State Farm announced it would make a $1.2 billion equity investment in ADT, resulting in State Farm owning approximately 15% of ADT. ADT and State Farm said they aim to create a comprehensive solution across home and mobile safety to help customers recover from unexpected risks with proactive safety and security.
Though we are approaching the end of the year, the deals aren’t slowing down. We’ve already seen 10 sealed in December so far. To stay up to date with the security industry’s latest mergers and acquisitions, be sure to frequent SSI‘s M&A page.
So what was the biggest deal of 2022 and what other transactions made the list? View the slideshow to find out!
View 10 Major Security Mergers and Acquisitions of 2022
Make sure to check out the rest of SSI‘s year-end features:
Year-End Security Tech Trend Takeaways
The 30 Top Technology Innovations of 2022
The Top 10 Surveillance Videos of 2022
The post 10 Major Security Mergers and Acquisitions From 2022 appeared first on Security Sales & Integration.
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