CDS Security Systems has been sold to Johnson Controls

Cardiff – CFI is pleased to announce that it acted as exclusive financial advisor to CDS Security Systems in its acquisition by Johnson Controls.

CDS provides a fully integrated service offering including CCTV, fire alarms, access control, perimeter intruder detection systems and automatic number plate recognition software. Its blue-chip customer base comprises private and public sector organisations including utility companies, local councils, universities, shopping centres and large corporates.

Johnson Controls is a global technology and industrial leader, offering the world’s largest portfolio of building products, technologies, software, and services.

The acquisition of CDS enables JCI to strengthen its ADT Fire & Security businesses and extend its customer base in key account target verticals and further build on CDS’s service offering to its customers. The transaction complements the recent acquisitions of WOT Security, NT Security, and Esotec adding strength to Johnson Controls’ electronic security capabilities in networked intrusion, CCTV and access control.

Simon Moon, Founder and CEO of CDS, commented: “The transaction represents a significant milestone for the business. Our partnership with JCI brings extensive benefits to CGC and will enable us to continue our strong growth trajectory and better serve our expanding customer base. I would like to thank the team at CFI UK for their role in sourcing, advising, negotiating and executing the transaction. Their commercial experience and guidance throughout facilitated a seamless transaction, enabling us to secure an optimal partner in JCI.”

This transaction closed on 18 November 2022.

Related

• https://businessnewswales.com/sale-of-computerised-digital-security-systems-to-johnson-controls/