ACRE Acquired, Aims For Ambitious Expansion And Acquisitions

By John Honovich, Published Mar 12, 2021, 08:18am EST

ACRE has grown to nearly $200 million in revenue, but ACRE CEO Joe Grillo tells IPVM that they will be even more ambitious in expanding and acquiring with new owner Triton.

IPVM Image

In this note, we share feedback from our interview with ACRE's CEO, examining the opportunities and challenges that ACRE faces.

****************

********************** **** ******, ** investment **** **** *.* billion ***** ********, *** acquired **** ** ********** ACRE's "****** *** & build ********".

******'* ****** ** *********, **** ********** **** this **** ********** *** company's **** ** ******** "the ******* ******************* ****** ******* *** related **********."

** ******* ****, **** says **** *** ***** to ****** *********** *** by ***********. ** ******** that **** ******* ** grow ****** ******* ** $500 ******* ** ****.

Revenue / *********

**** ********* **** **** revenue *** ****** $*** million. ***** ********* *** not *********, ** ******** that ** *** ************* 1 ** * ***** sales, ** *** $*** to $*** ******* *****. Given ****'* ********* ** companies *** ****** ******** with *******, ** ***** expect ** ** ** valued ** ********* ** EBITDA, ****** ********.

****** **** ****, ****'* biggest ****** *** ********* Mercury ******** ** **** and******* ** ** *** in ****(***** *** *********** ***** was *** *********, ** was ****** ******** ** millions ** *******).

Acquisition *****

************ **** **** *** to ****'* ******** **-****, and **** ***** **** that **** ****** ** acquire **** **** **** the * ************ **** did ** *** **** 8 *****. **** ********** that ****** *** **** resources ** ***** **** and ***** **** ** be **** **** ********* about *********. *** *******,****** ************** ** *** ********* 370+ ***-** ************ *** its **+ *********** **** in *** **** ~** years.

Common ***** *******

**** **** *** ****** theme *** ***** ************ is ********* **** ***** the ******** ******** *******. Beyond ****, ** **** seen **** ***** **** mature ********* *** *********** (e.g., *******) **** ********.

Segments - *****, ******* **********, ***********

***** ****** ******* ** certainly *** **** ** what **** *** **** and ** ****** **** access ******* ************, **** also **** **** **** they *** *********** ************ in ***** ************, ******* management, *** ***********. ** the ***** ****,**** ******** *******, * ******* ********* provider, ** ******** ****.

*** **** ** **** to $*** ******* ** more, **** ***** ********* need ** ******** ********* one ** ******** ***** surveillance *********, ***** *** relatively **** ****** **** of ***** ************ ** access *******.

SaaS ****** *******

****** *******, ****** ** SaaS, *** ****** **** more ********** ** ********* since **** *** ***** founded ** ****. **** told **** **** **** intend ** **** * greater ***-******* ************-***** *****.

*******, ****'* *** ********* caution ** *** ******* valuations ** ****** ******* SaaS *********, "******* ** not ******* *** **** money ** **********."

Opportunity *** ****

***** *** **** *** hundred *********** ********* ****** the ******** ******** ******, so ***** *** ****** of ********* **** **** can ******** *********. ****, ACRE *** ** *********** operational ********* *** ********* companies *** *********** **** into ***** ******* ******.

**** **** *** **** any ****** *********** ** its ********, ** **** of ***** ******* ********* do *** **** ***** exit *******.

Risks ****** ****

***** ** *** *******:

  • ****** ******* ********** ***** up: ****** ********** ***** limit ******* *** *** ability ** **** ** compete *** ***** ************ while *****, ****-****** ********, could **** ******.
  • **** *****: ** *** extent **** *** ****** shifts **** ** ****, ACRE's ********* ********** ** the ******** ***** *** ACRE *** **** ********-***** and ********* ******* *****, not ************ ****.
  • ***** ************: **** *** a ****** ***** ****** in ********* ****** ******* companies *** *** **** will **** ** ** they ******* * ****** video ************ *******?

*******

**** *** *** ********* of * ******** ********** team *** *** * fresh ******** ** ***** for ************, ** ** expect **** ** ** ambitious ** **** *** and ******* **** **** companies. *** *********** ******* will ** ** *** how **** **** **** in *** ***** ** the ****** *******.

Poll / ****

Comments (3)

Undisclosed #1

03/15/21 11:23am

*** ** *** ***** speculating ** ***** ******** list ***?

*** ** *****:

-* ****** ************ **** strong ****** ***********

-***** ******/********* ************

-**** ****** ***** ***** company

******** * ***'* *** them ***** ***** ****** like ******* ********** ** SaaS. * ****** *** trend ** ***-***********, ***-**** money ****** **********.

Agree
Disagree: 4
Informative
Unhelpful
Funny
Avatar

Dave Garcia

03/16/21 10:59pm

***** **** **** ** aiming ** *** ***** progressive *********.

Agree
Disagree
Informative
Unhelpful
Funny

Undisclosed Manufacturer #2

03/16/21 11:24pm

** *** ** *****.

Agree: 1
Disagree
Informative
Unhelpful
Funny: 2
Read this IPVM report for free.

This article is part of IPVM's 6,943 reports, 926 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.

Already a member? Login here | Join now
Loading Related Reports