ACRE Acquires Time Data Security (TDS)

By John Honovich and Brian Rhodes, Published Apr 26, 2021, 12:36pm EDT (Info+)

ACRE has acquired Ireland-based Time Data Security (TDS) aiming to significantly expand its cloud-based visitor management system offering.

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This is ACRE's first acquisition since it was acquired last month by a larger private equity firm. In this note, based on a discussion with ACRE's CEO, we examine TDS and ACRE's plans.

Revenue *** *********

***' ******* *** ~** ******* ***** in ****, ** **** ~** ******* Euros ** ****, *** * **** of ~**%, ****** **** **** **** the **** ******** ****** ****** *** TDS **** ****.

************* */*** ** ***' ******* ** from **** *** **** ******* ** growing, *.*., ** ****, ** *** ~24%.

*** **** ****** ******** ******************* *** **** ****, ****** ****.

*********

** ******** * ** - ** million ***** *********** *****, ** *-** revenue, ***** *** ********** ** **** revenue *** *** *******'* ****** ****. ACRE ******** ** ******* ** ***** but ***** ** *** * '*******' and ***** *** '***********' ** ******* TDS.

Expand *************** *** *** ******* *********, **** *****

**** **** **** **** ** ****** TDS ***** *************** *************, ****** **** the ******** ** *** ********** ***** were **** ******* *** *** **.

** ******* ****, **** **** **** plan ** ***** *** ******* ***** ACRE ********* (*.*., **-***** **** ******* and ***) **** **** ***** ******* can **** *** ******* ********** *** existing ****** ********* *** ** *****-**** TDS ******* **********.

Visitor ********** *** ****** *********

**** ********* **** ******* ********** ** the **** ******** **** *** *** this ** ****'* **** **** ********.

***' ******* ********** **** ******** ********** with***+ *******, ********* ****** ************ **** *******, C*Cure, *********, *****, *** *******. *** system **** ********** **** ********* ********, single **** **/ ********* ************ **** Active *********, *-*****, ****, *** ****, and **/*** ********* **** ****** **********.

*******, ****** **** ***** ******* ********** systems, *** ***** *** *** **** based *****-***** ****** ******* ********** ******:*** ******.*** ******** ** ******* ******** ******** based, *** **** **** **** ******/********* kiosks.

*** **** *** **** ************ **** other **** ************* ******, ***, *** ***********, *** ACRE **** **** ******* ************ **** these ******* ** *******.

COVID *****

*** *** ****** ** ***** *** while ** *** *** ********* *** Mastercard ** *********, ********** **** **** ******* *******, *** *** *** **** * US ******. ********, *** *** ****** some ********* ** ****, ** **** LinkedIn ****** ***** *****:

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SaaS *** ****

***** **** *** * ***** ********* of *********, *** **** ** ******** is **** ********. ** ****, *** provides ** *********** *** **** ** expand **** *****.

Visitor ********** ******** ***********

**** *** *** **** ******* ** visitor ********** ******** ********* ** ** do *** **** * ******** ** TDS *********** ***********. ** ****, *******, started ******** *** *** ***** ******* management ****** *****.

More ************ *** ****

****** ***** **** ** ********* ***** acquired ** ********** *****, **** **** ** **** acquisitions. ***, **** **** * ****** later, **** **** ******* **** ** acquisition.

**** **** **** ******** ** **** regular *********** **** ********* *** **** further ************ **** **** *** **** likely.

********* ** *** *** *** **** companies **** ******** **** ***** ************* change ***** *********** *********** **** * smaller ****** ***** **** * ****** conglomerate.

Comments (4)

Undisclosed Manufacturer #1

04/27/21 06:33am

*** **** ********** *** *********, ***** 2019 ******* *** ******** **** ** 2018 ** €**,***,*** *** ** ***** of €*,***,***. ***** ******* ****'* ****** overnight, **** ***** *********** ***** **** helped ** *** ***** ***** **** of *** *****. ***** ***** ** market ** ******* ** ****** ** end ****.

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John Honovich

IPVM | In reply to Undisclosed Manufacturer #1 | 04/27/21 11:00am

******! *** ***** *** *** **** them? * *********** **** ***** ** ** ** 2018, ****** *********, * ***'* **** a *** ** ********** ******* ******* company **********.

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Undisclosed Manufacturer #1

In reply to John Honovich | 04/27/21 11:30am

**** ** *** ******** ******* *** the ********* ****** ** ******* ******* but **** **** **** ** **** you ******** *********, *** *** ***** providers **********-***** ****** **** ** ********** ********* information ** ******* ********* ** *** UK *** *******. ** ***** ****** accounts **** **** **** ***** **** they ***** ** *** *******. *&* in *** *** ** ******** ** go-to ***** *** ****** ******* *** their ********* ** ** *** ******* is ******* ** ** ******* *** players **** ******-*** ** * **** better-localised *** *** *** **** ****-*********.

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John Honovich

IPVM | In reply to Undisclosed Manufacturer #1 | 04/27/21 11:41am

*******, ***** ***!

***, *&* **** *** ******* ******** near ** ******** ** **** ******* and *** ** ****. **** ** due ** * ********** ** ****, in *** **, ******* ********* **** no ********** ** **** ********** ******** (even ***** ****) *****, ** **** example *****, ******* / ** ********* do (****** **** ********** *** ******* small *********).

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