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Nice S.p.A acquires HySecurity

7/7/2016
by Richard Woltjer, HySecurity VP of Marketing
HySecurity gets a big boost from the international home automation company, Nice S.p.A. As part of this transaction, the U.S. division, Nice USA, will merge into HySecurity.
 

On July 5th, 2016 /  HySecurity, Seattle, WA and Nice USA, San Antonio, TX announced their merger.

HySecurity Gate is one of the largest U.S. perimeter security manufacturers and specializes in commercial, industrial, parking, and anti-terrorist gate operators. NICE USA Inc., owns a commanding presence in solar, rural, residential, and commercial gate operator markets. They are headquartered in San Antonio, Texas. Combined, the companies offer a full line of residential to anti-terrorist automated gate systems in every U.S. state.

Nice S.p.A acquires HySecurity Gate
Nice S.p.A., the parent company of Nice USA Inc., acquires HySecurity Gate as a stock purchase. HySecurity Gate becomes a subsidiary of Nice S.p.A, one of the largest international home automation companies. Nice is traded on the Italian Stock Exchange (Milan). They report consolidated 2015 revenues of €287.8 million.

“The Nice group couldn’t have found a more strategically important U.S. partner than HySecurity” stated Lauro Buoro, Chairman of Nice S.p.A. – “HySecurity has grown an enviable, safety-first, highest quality and reliability brand. This acquisition gives a boost to our commitment to product design and technology innovation, engineering synergies, increased sales growth and continuous improvement of accessible and professional customer service. Nice home and building automation meets HySecurity”.

The new, combined U.S. entity maintains product innovation and customer centricity under the continuing leadership of HySecurity CEO, Brian DeNault.

“Product is very important,” says DeNault. “The deeper and broader our product lines, the better we serve our customers.” HySecurity’s merger with Nice USA fills an important missing piece of HySecurity product. Nice USA complements HySecurity products with highly successful residential, rural and solar-ready linear actuators and commercial gate operators. Installers know many of those operators under their former Apollo brand name.

Expect More, Better!
“I spent the better part of my life building HySecurity from a niche, industrial player to an impressive competitor in commercial, industrial, parking and anti-terrorist markets,” says DeNault. “That was just the beginning. With the support of Nice, our customers can expect more . . . innovative new products, more feet on the ground, more customer care. I couldn’t be more excited about our future.

Nice S.p.A. has an international sales footprint of over 130 Countries, extending from Italy to Western and Eastern Europe and including non-European markets such as China, United States, South America, Middle East and Africa. - See more at: www.thenicegroup.com/en

HySecurity Gate will continue to operate out of its factory in Kent, WA under its well established and respected brand name. No changes in management, personnel, or processes are expected for the forseeable future.