Issue link: https://read.dmtmag.com/i/384751
The industry standard in premium latches It's a lock. It's a latch. It's all you need. The ultimate, dual-lockable gravity latch • Operates & locks from both sides of the gate • D&D patented magnetic latching • Unique push/pull action • Dual, 6-pin re-keyable locks • Vertical & horizontal adjustment • ADA Compliant • Fits all square posts & gate frames • Reliable latching action • Operates & locks from both sides of the gate • Re-keyable, 6-pin security locks • Strong & 100% rust proof • Vertically & horizontally adjustable • Fits all square post & gate frames e Duchossois Group acquires Controlled Products Systems Group ELMHURST, Ill. — The Duchos- sois Group, Inc. (TDG) announced on Sept. 2 that it has acquired Con- trolled Products Systems Group, Inc. (CPSG), headquartered in Denver, Colo. CPSG is the largest wholesale distributor of perimeter access con- trol solutions in the U.S., and supplies equipment to authorized dealers from coast to coast, offering the highest quality and most widely recognized brands of access control products available on the market. Terms of the acquisition were not disclosed. The acquisition supports TDG's commitment to invest in strong, inno- vative businesses that complement its subsidiary, The Chamberlain Group, Inc. (CGI), and serve growing mar- ket demand for safety, security, and sales and service support, said CGI Chief Executive Offi cer Jim Roberts, adding that as a destination company for perimeter access control solutions, CPSG provides state-of-the-art prod- ucts, technical expertise and superior customer service. "CPSG is able to successfully de- liver bundled perimeter access control solutions to the market by maintaining close relationships with customers and providing best-in-class service," said Roberts. "As we leverage best practic- es, both companies will be better po- sitioned to serve our dealer-installers, business customers and consumers." CPSG will continue to be run as a stand-alone business led by Brian Huitt, president. CPSG's headquarters will remain in Denver. "Being acquired by TDG gives us long-term stability and access to the resources and infrastructure of a larger, focused parent company," said Huitt. "I am excited to continue growing CPSG through leadership products, total solution consultation, and unrivaled technical expertise and customer support." For over 20 years, CPSG has been a one-stop shop for gate automation and perimeter access control. With 10,000 SKUs and 31 U.S. distribution centers, CPSG currently serves over 4,000 dealer-installer customers. About TDG: The Duchossois Group, Inc. is a privately held, fam- ily-owned operating and investment company. Driven by an entrepreneurial spirit and solid operating experience, TDG builds its companies by provid- ing management support, capital re- sources and a long-term commitment to growth. In addition to signifi cant invest- ments in the perimeter access con- trol solutions market, TDG invests in public and private companies, pri- vate investment funds, co-investment opportunities, real estate and leasing through Duchossois Capital Manage- ment. For more information, visit the site www.controlledproducts.com. About CGI: The Chamberlain Group, Inc. (CGI) controls and pro- tects the biggest entryways to homes and commercial properties worldwide with its Chamberlain ® , LiftMaster ® , Merlin ® and Grifco ® brands. A leader in residential garage door openers, commercial door op- erators, gate access solutions and re- lated accessories, CGI's innovative products keep people safe, secure and connected. Chamberlain Manufacturing Company was originally founded in Waterloo, Iowa in 1906. Chamberlain acquired its garage door opener business in 1968, which was the beginning of CGI as it is known today. CGI is one of the top home con- nectivity companies in the industry with its MyQ ® technology, which empowers consumers to monitor and control their garage doors and home lighting from their smartphones any- time, anywhere. For more information, visit the web sites www.Chamberlain.com or www.LiftMaster.com. Be Sure To Visit The World Fence News Crew At FENCETECH 2015! Booth No. 925 February 3-6, 2015 Orange Co. Convention Center Orlando, Florida The acquisition supports TDG's commitment to invest in strong, innovative businesses that complement its subsidiary, The Chamberlain Group, Inc. (CGI), and serve growing market demand for safety, security, and sales and service support. – Jim Roberts, CEO, The Chamberlain Group