Situation
HySecurity Gate, Inc. (“HySecurity”) is the recognized North American leader in the design and production of premium, reliable hydraulic gate operators. Because of its reputation, every international gate operator company has approached the owner over the years in hopes of joining forces. Recognizing the power of scale, the owner wanted to choose a partner who would recognize the value that had been created and would be the best future steward for the brand and HySecurity’s organization.
ZS Role
Zachary Scott was engaged by HySecurity’s owner to assist in considering the strategic economic implications of different combinations and to negotiate a transaction that would achieve his financial and strategic objectives.
Results
HySecurity was acquired by Nice S.p.A., a publicly-held, Italian-based conglomerate offering a wide range of integrated systems for the automation of gates, garages, road barriers, awnings and blinds for residential, commercial and industrial applications, wireless alarm systems and lighting systems. HySecurity’s owner will assume the role of CEO of all North American combined operations.