The scale and number of Convergint's security integrator acquisitions are unprecedented.
In the past two years, Convergint has acquired 15 integrators at an IPVM estimated price of $400M+ USD, fueled by private equity partner KRG. Given their pace, we expect Convergint to be a $1 billion + company in the near future. But how will that change the industry?
Background: See our Competing Against Convergint post for integrator feedback on the company.
In this note, we examine the pace and impact of Convergint's acquisitions, provide feedback from Convergint executives, from key industry participants, concluding with an examination of what will happen both to the super-sized Convergint and to the rest of security integrators over the next 5 years.