ASSA ABLOY Acquires Nomadix and Global Reach
March 27, 2024
ASSA ABLOY has signed an agreement to acquire Nomadix (US) and Global Reach (UK), providers of Wi‑Fi access and guest engagement platform solutions for the hospitality and commercial real estate sectors. The two companies operate as separate entities with main offices in Los Angeles and London, have combined sales of about MUSD 30 in 2023 and roughly 120 employees, and will be integrated into ASSA ABLOY's Global Solutions business area Hospitality; the deal is expected to close in Q2 2024.
- Buyers
- ASSA ABLOY
- Targets
- Nomadix, Global Reach
- Industry
- Telecommunications
- Location
- United States and United Kingdom
- Transaction Type
- Buyout
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