A record number of acquisitions (286) in the smart buildings space in 2021 accounted for a 31% increase on 218 deals in 2020 and a 10% increase on the previous record of 259 transactions in 2019.  There was a robust market for mergers and acquisitions (M&A) among both security product manufacturers and systems integrators last year, with physical security deals accounting for over 40% of acquisitions in the smart buildings space.   The table below highlights 10 completed deals with acquired revenues above $150 million. Six deals are in the physical security sector while the remaining transactions are split between the facilities management, HVAC solutions, smart home and Commercial Real Estate (CRE) service sectors. Major Smart Building Acquisitions in 2021 Allied Universal a leading North American security and facility services company announced the acquisition of G4S plc, creating a global integrated security services company. G4S is active in around 85 countries and has 533,000 employees.  The combination of Allied Universal […]