ACRE Completes the Sale of Mercury Security to HID Global

Access Control Related Enterprises, LLC (ACRE) has completed the sale of Mercury Security (Mercury) to HID Global (HID), a subsidiary of ASSA ABLOY, AB.

The deal was first announced in September as a strategic move that will allow ACRE to focus on its core brands: Vanderbilt, a manufacturer of access control, intrusion and video solutions, and ComNet, a manufacturer of video and data transmission equipment.

“Divesting Mercury after many years of success since ACRE purchased the business in 2013 is a strategic move that allows ACRE to focus on its core Access Control, Video and Intrusion businesses under the Vanderbilt and Comnet brands. HID is the perfect home to provide for the continued growth and success of Mercury, which will remain a valued technology supplier to Vanderbilt.” – ACRE CEO Joseph Grillo