Huron Capital-backed Sciens Building Solutions has acquired Mount Dora, Florida-based SmartWatch Security & Sound LLC.
This transaction represents the most recent acquisition completed by Sciens since Huron Capital formed the company in 2016 to pursue a buy-and-build investment strategy in the fire detection and integrated solutions sector. The acquisition is expected to further increase the company's presence in Florida, providing Sciens with beneficial expertise and resources in access control, video surveillance and sound, while expanding product offerings across new and existing customers.
"Sciens' strong market experience and operational expertise combined with our capabilities and relationships are expected to enhance our ability to serve our loyal customers and new clients," SmartWatch President Madelaine Lock said in a statement. "We are already recognized as a provider of choice by our existing customer base, and we are excited to leverage this position, as well as Sciens' institutional knowledge and capabilities to pursue continued market penetration and growth together."
Founded in 2000, SmartWatch designs, installs, services and monitors enterprise access control systems, video surveillance solutions, fire alarm systems, emergency responder systems and comprehensive sound systems. The company primarily serves the Orlando and Central Florida markets and employs a staff of over 40 employees, most of whom are supporting customers in the field. The company provides support to customers in key vertical markets, such as hospitality, theme parks, corporate campuses, healthcare, higher education and government.
Sciens CEO Terry Heath added: "We are delighted to welcome SmartWatch to the Sciens family and to continue working alongside their leadership team and talented employees. SmartWatch brings added capabilities to the Sciens platform, which we plan to leverage across all of our locations, allowing us to provide more options to our existing and new customers as we continue on our fun, growth journey."
"We expect to enhance our leadership position and business development efforts in Florida," Huron Capital Vice President Danielle Lalli said in a statement. "The acquisition of SmartWatch highlights our continued pursuit of strategic partnerships that align with Sciens' values and service offerings as we further establish the business as a prominent leader within the fire detection and integrated solutions sector."