ACRE Acquired, Aims For Ambitious Expansion And Acquisitions

By John Honovich, Published Mar 12, 2021, 08:18am EST (Info+)

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.

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

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

********************** **** ******, ** ********** **** with *.* ******* ***** ********, *** acquired **** ** ********** ****'* "****** buy & ***** ********".

******'* ****** ** *********, **** ********** **** **** **** facilitate *** *******'* **** ** ******** "the ******* ******************* ****** ******* *** ******* **********."

** ******* ****, **** **** **** are ***** ** ****** *********** *** by ***********. ** ******** **** **** intends ** **** ****** ******* ** $500 ******* ** ****.

Revenue / *********

**** ********* **** **** ******* *** almost $*** *******. ***** ********* *** not *********, ** ******** **** ** was ************* * ** * ***** sales, ** *** $*** ** $*** million *****. ***** ****'* ********* ** companies *** ****** ******** **** *******, we ***** ****** ** ** ** valued ** ********* ** ******, ****** startups.

****** **** ****, ****'* ******* ****** was ********* ******* ******** ** **** and******* ** ** *** ** ****(***** *** *********** ***** *** *** disclosed, ** *** ****** ******** ** millions ** *******).

Acquisition *****

************ **** **** *** ** ****'* strategy **-****, *** **** ***** **** that **** ****** ** ******* **** more **** *** * ************ **** did ** *** **** * *****. ACRE ********** **** ****** *** **** resources ** ***** **** *** ***** ACRE ** ** **** **** ********* about *********. *** *******,****** ************** ** *** ********* ***+ ***-** acquisitions *** *** **+ *********** **** in *** **** ~** *****.

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

**** **** *** ****** ***** *** their ************ ** ********* **** ***** the ******** ******** *******. ****** ****, we **** **** **** ***** **** mature ********* *** *********** (*.*., *******) over ********.

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

***** ****** ******* ** ********* *** core ** **** **** *** **** and ** ****** **** ****** ******* acquisitions, **** **** **** **** **** they *** *********** ************ ** ***** surveillance, ******* **********, *** ***********. ** the ***** ****,**** ******** *******, * ******* ********* ********, ** November ****.

*** **** ** **** ** $*** million ** ****, **** ***** ********* need ** ******** ********* *** ** multiple ***** ************ *********, ***** *** relatively **** ****** **** ** ***** surveillance ** ****** *******.

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

****** *******, ****** ** ****, *** become **** **** ********** ** ********* since **** *** ***** ******* ** 2012. **** **** **** **** **** intend ** **** * ******* ***-******* subscription-based *****.

*******, ****'* *** ********* ******* ** the ******* ********** ** ****** ******* SaaS *********, "******* ** *** ******* the **** ***** ** **********."

Opportunity *** ****

***** *** **** *** ******* *********** companies ****** *** ******** ******** ******, so ***** *** ****** ** ********* that **** *** ******** *********. ****, ACRE *** ** *********** *********** ********* for ********* ********* *** *********** **** into ***** ******* ******.

**** **** *** **** *** ****** competition ** *** ********, ** **** of ***** ******* ********* ** *** have ***** **** *******.

Risks ****** ****

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

  • ****** ******* ********** ***** **: ****** valuations ***** ***** ******* *** *** ability ** **** ** ******* *** those ************ ***** *****, ****-****** ********, could **** ******.
  • **** *****: ** *** ****** **** the ****** ****** **** ** ****, ACRE's ********* ********** ** *** ******** model *** **** *** **** ********-***** and ********* ******* *****, *** ************ ones.
  • ***** ************: **** *** * ****** track ****** ** ********* ****** ******* companies *** *** **** **** **** do ** **** ******* * ****** video ************ *******?

*******

**** *** *** ********* ** * seasoned ********** **** *** *** * fresh ******** ** ***** *** ************, so ** ****** **** ** ** ambitious ** **** *** *** ******* many **** *********. *** *********** ******* will ** ** *** *** **** ACRE **** ** *** ***** ** the ****** *******.

Poll / ****

Comments (3)

Undisclosed #1

03/15/21 11:23am

*** ** *** ***** *********** ** their ******** **** ***?

*** ** *****:

-* ****** ************ **** ****** ****** credentials

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

-**** ****** ***** ***** *******

******** * ***'* *** **** ***** after ****** **** ******* ********** ** SaaS. * ****** *** ***** ** non-complicated, ***-**** ***** ****** **********.

Agree
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Dave Garcia

03/16/21 10:59pm

***** **** **** ** ****** ** the ***** *********** *********.

Agree
Disagree
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Undisclosed Manufacturer #2

03/16/21 11:24pm

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

Agree: 1
Disagree
Informative
Unhelpful
Funny: 2
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