Everon Makes 1st Acquisition: Kentucky-based Newtech Systems
Everon, formerly ADT Commercial, announced the purchase of Newtech Systems of Ashland, Ky. The transaction marks the first M&A activity for Everon since its establishment as a standalone organization with GTCR’s acquisition in October, and makes steps toward delivering on the company’s objectives for growth and geographic expansion.
“This is a huge moment for Everon, and we’re so excited that we get to share it with the very talented employees and leaders at Newtech Systems as we welcome them to our organization,” said Dan Bresingham, CEO. “We’ve said that Everon will be about growth — growth in our capabilities, in our people, and in our service area — all with the goal of serving our commercial customers better and more completely. And today’s news proves that. For nearly half a century, the leaders at Newtech have proven to have the same appetite for excellence that we do, and we’re looking forward to continued success alongside them across the region and market.”
A family owned and operated business established in 2006 with a history that dates back to 1954, Newtech Systems has solidified its reputation as one of the leading and most respected systems integrators in the region, according to the announcement. Along with its headquarters, the company operates additional offices in Lexington, Ky.; Columbus, Ohio; Pittsburgh, Pa.; and Dunbar, W.V.
Newtech Systems offers a comprehensive portfolio of services and solutions to commercial environments, including expertise in video surveillance, access control, intrusion detection, healthcare communications and fire alarm systems.
“At Newtech, our commitment to our customers is what drives us, and we recognize that same drive in Everon,” said Tom Kibler, vice president and general manager, Newtech Systems. “We’re excited to grow our expertise and reach in the region as part of Everon, and continue building on that culture of trust that we’ve been developing over decades.”
Everon was built over the last decade by some of the most trusted names in commercial security. In that time, teams remained focused on providing comprehensive, scalable solutions to address the unique needs of mid-market, national and large-scale organizations, and established a new industry standard for customer-driven service excellence and delivery.