Thursday, September 7, 2006

Red Hawk Industries Acquired

Denver, Colorado-based Red Hawk Industries, a company that provides installation of security products and surveillance electronics, has been acquired for roughly $142M. UTC Fire & Security, a Connecticut-based unit of United Technologies, acquired the firm for what it said was sligtly less than one times Red Hawk's $142M in 2005 sales. Red Hawk installs, maintains, and repairs security technology products, including video surveillance, safes, vaults, and ATMs.