Stanley Completes Acquisition of HSM

Jan. 17, 2007
Company fully closes $545 million acquisition of monitoring company

The Stanley Works has completed its previously announced acquisition of HSm Electronic Protection Services. The deal was closed for $545 million in cash, and brings a full-services monitoring services to Stanley's security shop. HSM was previously owned by GTCR, a private equity firm.

See earlier story: Stanley Works to Buy HSM Electronic Protection