Southern Lock Acquires Silver Sales
LARGO, FL –Southern Lock and Supply Company announced that it has acquired Silver Sales Inc., a security hardware distribution company specializing in safe locks and government hardware. The purchase will better serve the security needs of customers in commercial, industrial, and governmental positions throughout the industry.
Founded in 1982, Silver Sales Inc. has faithfully served customers in the safe and safe lock markets for over 30 years. The purchase of Silver Sales strengthens Southern Lock’s promise to provide customers with a wide range of trusted security products and extraordinary service. In addition, Southern Lock will become a premiere distributor of Sargent & Greenleaf and Kaba Mas security products. Bill and Judee Silver will remain involved in a consulting capacity, providing technical support.
“We have always admired the trust and expertise that Silver Sales has exemplified in their market. As a fellow small business that understands the importance of personal connection, we’re thrilled to honor Silver Sales’ commitment to provide both tremendous customer service and comprehensive technical expertise,” said David Swartz, Chief Operating Officer of Southern Lock and Supply. “Our acquisition of Silver Sales is an exciting opportunity for us to expand our offerings to our existing customer base and grow our presence in the safe lock and government supply markets.”
Southern Lock has been a major distributor of security products and supplies since 1946. With merchandise from more than 200 manufacturers, Southern Lock maintains a large inventory of popular lines including Allegion, ASSA ABLOY, BEST Access Solutions, dormakaba, Master Lock, NSP, and more. With multiple locations and a knowledgeable inside staff, the company is able achieve its goal of providing customers with quality products and the best service possible.
“Southern Lock is a family business and we want our customers to feel like part of our family. We want to get to know you and your business, not just take your order or treat you like a number. Southern Lock has been serving the industry for over 70 years and is proud to represent an accumulated industry experience totaling 800 years. Our team is here to help your business grow.”
Advanced Diagnostics Software Updates
Advanced Diagnostics USA announces two new software updates for Smart Pro™.
ADS2282 software is designed to read pincodes from various GM®, Chevrolet®, Cadillac® and Buick® vehicles with proximity and bladed systems directly from the vehicle’s BCM module.
A complete listing of AD Software Updates can be found on the ADUSA web site at http://www.adusa.us/updates-references/1452614/software-updates.html. Documents are available in English, Spanish and French.
ADS2286 Subaru® 2018 USA vehicles allows for H bladed keys and remotes to be added and programmed when an existing transponder key is present. Software can erase the keys (the key in the ignition is not erased) and program new keys. This software has been designed to by pass the security automatically in the background making it a seamless process when programming keys.
In addition to the announcement of the new Subaru software; AD USA announced additions to the existing ADS2266 - Chrysler®, Dodge®, vehicles 2014-2017 which now includes Maserati® 2017.
Also updated is the existing ADS2272 - Chrysler®, Dodge® and Jeep® 2018/2019 which now includes seven (7) new models. The additions to existing software are free for Smart Pro owners who previously purchased the software.
A complete listing of AD Software Updates can be found on the ADUSA web site www.adusa.us under menu option Updates / References, Software Updates.
Sargent and Greenleaf To Be Acquired by OpenGate Capital
NICHOLASVILLE, Ky –Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announced today that OpenGate Capital, a global private equity firm, has entered into an agreement to acquire S&G from Stanley Black & Decker. The transaction is anticipated to be completed in Q1 2019. Financial terms were not disclosed.
Established in 2005, OpenGate Capital specializes in the acquisition and operation of businesses to create new value through operational improvement, innovation and growth. Leaders within both companies will work closely to leverage resources to support S&G’s mission to grow and create sustainable long-term value. S&G will transition into a stand-alone business under the ownership of OpenGate Capital.
“Sargent and Greenleaf is enthusiastic about the many exciting opportunities that lay ahead,” said Keith Deaton, COO at Sargent and Greenleaf. “During the acquisition, we will continue operating to bring our customers high-quality products. With the support from OpenGate Capital, we will develop and release innovative locking solutions for safes, vaults, ATMS and highly sensitive environments, while building even stronger customer relationships.”
“We are excited to work with the team at S&G and build upon the legacy of the business,” said Paul Bridwell, Managing Director at OpenGate Capital, who is responsible for managing and supporting operations of the firm’s investments in North America. “We look forward to partnering with management in their focus on growth, by further strengthening S&G’s commercial reach and investing into the company’s product innovation engine.”
For more information, visit www.sargentandgreenleaf.com or call (859) 885-9411.
dormakaba Launches Online Keyless Access Control ROI Calculator
MONTREAL, QC, CANADA – January 24, 2019 – dormakaba, a leader in the global market for access and security solutions, launched its online ROI calculator for the vacation rental industry. Designed for vacation rental managers and homeowners, the tool estimates the potential return on investment delivered by transitioning from physical keys to keyless access control.
dormakaba’s keyless access control ROI calculator is easy to use. Vacation rental owners and property managers simply enter their estimated number of annual guests, locks, employees and wages per hour to determine the savings in labor costs and operating expenses associated with lost keys and rekeying. The tool totals a company’s potential monthly and yearly savings and sends an email with detailed results and suggestions.
According to the 2018 Associated Locksmith of America (ALOA) Pricing Survey, it costs an average of $67 for a commercial service call to rekey a mechanical door lock. dormakaba’s Oracode keyless access locks are an easy-to-use, secure web-based access system that utilizes time-sensitive codes to manage and record home access.
“Keyless access locks can reduce labor costs associated with front desk personnel and eliminate locksmith rekeying expenses. This savings goes straight to the bottom line,” said Stephen Pollack, dormakaba vice president of marketing. “Our online ROI Calculator shows vacation rental managers and owners how much money they can potentially save by simply upgrading their locks.”
Oracode keyless access locks have proven durability to last an average of seven years. Oracode is an intelligent, electronic access control system that provides keyless access for temporary users like maintenance and housekeeping contractors, as well as vacation renters, timeshare owners and corporate housing tenants. By employing a time and date-specific code, Oracode eliminates keys and time-consuming access supervision by property staff.
“Guest safety and unit security are important,” Pollack said. “So is ease of use and flexible access for housekeepers and contractors. We created the ROI Calculator to provide managers and owners with an educational resource on how keyless access control can benefit their overall business and improve their bottom line.”
To evaluate the improvement to your bottom line by replacing standard keyed locks with keyless access control, visit www.oracoderoi.com.
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Irvine, California – Codelocks Inc. announces three new sales partnerships to support its continued growth in North America. Representatives from D.M.B Sales Associates, Murray Architectural Group and the Stewart Walker Agency will join Codelocks Inc’s sales teams to help increase the accessibility of its products to its commercial and domestic users across America.
Dean Bogner and Anthony Sprenger, both of D.M.B Sales Associates, bring over 12 years’ combined experience in the locksmith industry and will help to support Codelocks Inc.’s growth across the US market to meet customer demand. Dean will cover West Virginia, Ohio and Kentucky and Anthony will cover Michigan (lower peninsula) and West Pennsylvania.
Jay Murray, of Murray Architectural Group joins the team and brings a wealth of distribution and representative experience. Jay’s knowledge will help to strengthen Codelocks presence in key markets that include health, hospitality, education, office and leisure and will serve Arkansas, Louisiana, Mississippi, Oklahoma, Texas and Memphis.
Also partnering with Codelocks Inc. are premier door and hardware specialists the Stewart Walker Agency who represent some of the best-known brands in the industry. They will cover Minnesota, North and South Dakota, Iowa and Western Wisconsin.
Matt Welty, who joined Codelocks in June 2018 as its new General Manager, said: “We are extremely pleased to welcome the new sales representatives who will work alongside our existing team to promote our products. We are confident that their industry experience, reputation and knowledge of the market will add significant value to Codelocks Inc.”
Last year, Codelocks Inc. announced its latest addition to its access control portfolio, KeySecure by Codelocks, a range of simple and effective key control cabinets that regulate access and manage keys with only authorized users, using a single or unique access code.
Matt added “Now in my second year at Codelocks Inc., it is exciting to see that we are having to expand our sales team to satisfy customer demand. With our extensive product range and growing team, I have high hopes for 2019 and look forward to continuing to drive growth throughout North America.”
The announcement follows the appointment of two new sales representatives in August last year serving Northern Illinois, Northern Indiana, Wisconsin, New York and New England.
More Info: www.codelocks.us/salesreps
Anixter International Inc. announces the appointment of two new members, Bill Simon and Charles “Chuck” Swoboda, to its board of directors, effective March 1, 2019.
“We are pleased to announce two significant additions to our board,” said Sam Zell, Chairman of Anixter’s board of directors. “Bill brings a wealth of experience leading complex global companies, and Chuck will contribute his deep expertise of the electrical and lighting businesses. I am confident that their perspectives will be valuable to Anixter as we move forward and grow our business.”
Simon is the former President and Chief Executive Officer (2010 to 2014) and Chief Operating Officer (2007 to 2010) of Walmart U.S., a leading retail corporation. Prior to joining Walmart, Mr. Simon held several senior positions at Brinker International, Diageo, Cadbury-Schweppes, PepsiCo and RJR-Nabisco. He also served in the public sector as Secretary of the Florida Department of Management Services. Mr. Simon is currently a senior advisor to the investment firm KKR and serves as the President of WSS Venture Holdings, LLC.
Swoboda was formerly the Chairman (2005 to 2017) and Chief Executive Officer (2001 to 2017) of Cree Inc., a publicly traded manufacturer of semiconductors and lighting products. As the CEO, he led the transformation of Cree from a small R&D focused company to a $1.6 billion multi-division global products company. Since 2017, Mr. Swoboda has served as the President of Cape Point Advisors, LLC, a private consulting company.
Anixter International is a leading global distributor of Network & Security Solutions, Electrical & Electronic Solutions and Utility Power Solutions. Anixter adds value to the distribution process by providing approximately 130,000 customers access to 1) innovative supply chain solutions, 2) nearly 600,000 products and over $1.0 billion in inventory, 3) over 300 warehouses/branch locations with over 9 million square feet of space and 4) locations in over 300 cities in approximately 50 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on the New York Stock Exchange under the symbol AXE.
