In this Research Note, we examine Convergint, the North American security systems integrator. This analysis covers the firm’s turnover development, ownership, its target vertical markets and global expansion strategy beyond North America. Headquartered in Schaumberg, Illinois, Convergint is a leading systems integrator that designs, installs, and services electronic security, cybersecurity, fire and life safety, building automation, and audio-visual systems. The firm has been listed as #1 in SDM Magazine’s Ranking of Top North American Systems Integrators for the past five years. Convergint reports over 7,700 employees and more than 200 locations worldwide. Completing more than 50 acquisitions since 2001, the company has significantly deepened its vertical market expertise across numerous sectors, particularly in data centers, utilities, healthcare and financial services. In recent years, the company has also expanded its global reach, allowing it to better serve multinational customers in EMEA and Asia Pacific. Ares Management Corporation, a US alternative investment manager, acquired the company in Feb 2018 and since then, the […]