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TDS Acquired by US Company ACRE

April 27, 2021

TDS are now acquired by the US company ACRE, a global leader providing state-of-the-art security systems. This new partnership with ACRE will provide TDS with a stronger global reach in the security solution industry, in the North American market. Along with accelerating TDS' growth plans, ACRE will support our aim to become one of the foremost leading providers of smart workplace solutions for enterprise business across the world.

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About ACRE

ACRE is a global leader in the delivery of integrated technologies and services. Since its formation in 2012, ACRE has played an instrumental role in developing and implementing security technology initiatives on a global scale. Its Vanderbilt, Comnet, Open Options and RS2 brands deliver advanced solutions to thousands of customers around the world. Today, ACRE employs more than 400 employees in more than 25 countries.

This latest partnership will enhance ACRE’s strategic expansion plans for strengthening the product portfolio and geography in the UK and Europe and bringing new cloud-based visitor management and access control products to North America.

To learn more about ACRE, visit www.acre-co.com

Frank Hart, TDS Founder and CEO affirmed, “This is the beginning of an exciting new chapter for TDS. We are delighted to join ACRE with its strong global reach, which will accelerate our growth plans and support our ambitions to be the top provider of smart workplace solutions for enterprise businesses. TDS’ senior board member Sean Murphy and I are particularly excited to work with Joe Grillo and the management team to further strengthen ACRE’s position as the global leader in the delivery of integrated technologies and services.”

ACRE’s CEO, Joseph Grillo, stated that this transaction will continue to expand ACRE’s competitive position. “We believe we can assist the excellent management team at TDS to leverage our existing reseller channels and end-users to help grow this business globally under the ACRE umbrella,” commented Grillo.

About TDS

Founded in 1990 and headquartered in Ireland, TDS is a leading provider of smart workplace products including visitor management, life safety and access control software solutions, counting some of the world’s biggest and most prestigious organisations as our customer base. TDS has over 30 years of experience supporting clients with 3000+ sites and over 25 million users worldwide.

For further information, visit www.timedatasecurity.com

 

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