Latest Convergint Acquisitions Highlight Growth Verticals
Ken Lochiatto, Convergint Technologies, image by SIW.
Convergint Technologies has acquired Innovative Medical Systems (IMS), an integrator of equipment to medical facilities, and Smith Hamilton, a provider of equipment and security solutions for financial institutions, a move that highlights growth areas identified by arguably the world’s most dynamic security integration business.
“What made Innovative Medical Systems and Smith Hamilton such an easy decision for Convergint was their unwavering commitment to company culture and being their customers’ best service provider,” says Ken Lochiatto, CEO of Convergint Technologies.
“We are excited to work with their colleagues, customers, and partners and to expand the work we provide in the financial and healthcare industries with the addition of these two exceptional companies.”
IMS is a specialized integrator in the healthcare market, providing solutions for complex hospital hardware and software systems. It’s solutions include real-time location systems (RTLS), EMR battery management software, and security systems.
“This will be an exceptional marriage of Convergint’s global reach with IMS’ expertise in acute care patient safety and real-time locating capabilities,” says Dan De Jong, CEO of IMS. “Our cultures complement one another, and we share the same basic approach to customer satisfaction and after-sale support. We look forward to the new opportunities we can now bring to our customers.”
Meanwhile, Smith Hamilton is a leading installation and service provider for physical security, electronic security, and advanced solutions across the financial industry. Smith Hamilton operates 11 offices and services over 800 financial branch operations across the southern portion of the USA.
“In our first meeting in Chicago, Ken Lochiatto stated that if our cultures didn’t line up, this would never work,” says Jeff Braselton, founder of Smith Hamilton Equipment.
“After that meeting, we all left the table knowing that this was a perfect fit for our team. Many have come to the table throughout the years, but none like Convergint. In the last 3 years, they have proven to be a company committed to their colleagues, their customers, and their word.”
Convergint has made 35 acquisitions since 2014. Terms of the latest acquisitions were undisclosed.