Tag: CoStar Video
Access control provider Sielox goes private
January 10, 2011Martha Entwistle
RUNNEMEDE, N.J.—Sielox LLC, a manufacturer of access control products, and a former division of Checkpoint Systems, became a private company following a New Year's Eve $2.55 million management buyout, the company announced Jan. 4.
“We saw an opportunity to take the company private,” said Karen Evans, president and CEO of Sielox LLC, and a member of the investor group. In addition to the savings associated with being a non-public company, Sielox will continue to “add development...