We are pleased to announce the sale of our client, Diversified Systems, Inc., to Integrated Fire & Security Solutions and the existing management of the company. The acquisition closed September 30, 2021.
Founded in 1990, Diversified Systems, Inc. (Diversified) is a North Carolina based security systems integrator, specializing in design, consultation, installation, and service of access control systems, closed-circuit television/digital video recording, fire and life safety systems, vehicle control, and high-security locks.
Turnkey security services include assessment and design, engineering, installation, maintenance, and support. Diversified is located in Knightdale, North Carolina.
Integrated Fire & Security Solutions (IFSS), headquartered in Fort Myers, Florida, provides fire protection and access control / high-security systems throughout Florida from their five locations.
IFSS’ services range from comprehensive building fire and security systems to specialized integrated fire and security solutions for K-12 & higher education, airports & seaports, government & municipalities, and additional commercial verticals.
These systems can include the full array of electronic fire protection systems, card readers, biometric devices, door hardening & electronics, paging & intercom systems, duress & intrusion detection, vehicle or man gates, wireless interface, video badging stations, and video surveillance systems.
“Diversified is an excellent opportunity for IFSS to expand its services in the Carolinas and Virginia and to team up with very experienced management to continue to grow and expand the business,” said Justin Peterson, president of IFSS.
He added: “I am extremely happy to welcome John Sartori and his team at Diversified to the IFSS family. We are pleased to be partnering with John in continuing to grow and develop Diversified’s business footprint and products and services offering.”
The acquisition of Diversified by IFSS and Sartori was structured by Newlook Capital (Newlook), located in Burlington, Ontario. Newlook specializes in making equity investments and providing growth capital to industrial services companies in the US and Canada and made a significant investment in IFSS in 2019.
Newlook is actively involved in all its investments. Through operating their own business ventures, Newlook partners have gained years of experience and expertise that translates into strong transactional and operational proficiency.
Newlook also believes that a recurring revenue model and a strong client base are characteristics that lead to quality, value-added acquisitions. The acquisition of Diversified is the sixth Generational Equity client that Newlook has invested in.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Managing Director, Mergers and Acquisitions, Jack Sluiter, with the support of Vice President, M&A, Tristan Keeffe, successfully closed the deal. Senior Managing Director Brian Hendershot established the initial relationship with Diversified.
“The deal really could not have gone better. The IFSS and Newlook Capital team were very professional and transparent throughout the process, which gave our clients at Diversified a much-needed level of comfort,” said Sluiter. “Diversified is a great addition to IFSS and Newlook’s portfolio of industrial service companies.”
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Engineering, Contracting & Construction M&A Deals page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
Generational Equity, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Equity Canada to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Equity Canada is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.
Honored to win Investment Banking Firm of the Year 3 years running.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.