Convergint Technologies on Thursday announced that it has acquired Miami-based Integrated Security Systems. This is the company’s 10th acquisition in the past 18 months.
According to a statement, the acquisition of Integrated Security Systems, which was founded in 1962 and also has offices in Mt. Laurel, N.J., and Greenville, S.C., will help Convergint further expand into the banking and utilities vertical markets.
“We are very excited to welcome Jeff Nunberg and his entire team to the Convergint Technologies family. ISS fulfills all of our criteria when searching for like-minded companies for acquisition: a strong service-focused culture, dynamic leadership, and the ability to deliver innovative solutions to the market,” said Dan Moceri, executive chairman and co-founder of Convergint Technologies. “ISS brings us significant strategic customers in the banking and utilities markets. Jeff and his entire team will continue to support and build on those customers, while also contributing significant vertical market expertise and excellent leadership to Convergint.”
“Joining Convergint Technologies is the best possible growth scenario for our business,” said Jeffrey Nunberg, president and CEO of Integrated Security Systems. “Convergint provides ISS with expanded resources to support our clients as they grow into new territories and with access to a client-centric service network located strategically throughout the globe.” Nunberg will report to Convergint President and CEO Ken Lochiatto and continue to lead the ISS team forward as a key part of Convergint.
