GVI Security Goes Private, Samsung Companies to Unite

Steve Walin, Chairman, Samsung|GVI Security 

Steve Walin, Chairman,SAMSUNG | GVI Security.

You've known SAMSUNG | GVI Security for years, but what you might not have known is that the publicly traded company is now private with years of experience as a backdrop. And, in a rather interesting turn of events, Samsung Techwin, Samsung/GVI Security and Samsung Electronics will merge their Samsung brands under a single label, effective Jan. 1.

Lloyd Trotter, previously with GE Security, is the founder and managing partner of GenX360, a Capital Partners private equity firm, which has purchased SAMSUNG/GVI Security . The changes in format are actually pretty exciting as GVI Security chairman Steve Walin now partners with Trotter rather than answering to a host of stockholders.

Walin and Trotter spent several years together at GE Security and together bring a wealth of knowledge and experience. Walin has been at GVI Security for the past several years, and teamwork will only enhance the possibilities.

Lloyd Trotter, founder, GenX 360 

Lloyd Trotter, founder and managing partner, GenX360.

"Experience in the business will help us grow," Trotter said. "Now, we can focus on key contacts in the security industry because the resources are in place and, experience will help us open doors that may not have previously been open."

Growth may well come quickly from the merger of the Samsung product line. An announcement of the merger is expected quickly from the Samsung Group level in Korea, ending confusion in the market over the past few years concerning Samsung products. The plan is to organize the separate video surveillance operations into one Samsung security business.

"The security space has legs; that will help us with any consolidation opportunities," Trotter said. "We are looking to add resources to accelerate growth, which enhances the capability to grow."

Mergers and acquisitions play a key role in any industry, and the same is true in the security space. Trotter has a firm grip on the pulse of the industry, who also said GenX360 plans to look at and acquire businesses that are similar to GVI.

About the Author

Ralph C. Jensen is the Publisher/Editor in chief of Security Today magazine.

Featured

  • Security Industry Association Announces the 2026 Security Megatrends

    The Security Industry Association (SIA) has identified and forecasted the 2026 Security Megatrends, which form the basis of SIA’s signature annual Security Megatrends report defining the top 10 factors influencing both near- and long-term change in the global security industry. Read Now

  • The Future of Access Control: Cloud-Based Solutions for Safer Workplaces

    Access controls have revolutionized the way we protect our people, assets and operations. Gone are the days of cumbersome keychains and the security liabilities they introduced, but it’s a mistake to think that their evolution has reached its peak. Read Now

  • A Look at AI

    Large language models (LLMs) have taken the world by storm. Within months of OpenAI launching its AI chatbot, ChatGPT, it amassed more than 100 million users, making it the fastest-growing consumer application in history. Read Now

  • First, Do No Harm: Responsibly Applying Artificial Intelligence

    It was 2022 when early LLMs (Large Language Models) brought the term “AI” into mainstream public consciousness and since then, we’ve seen security corporations and integrators attempt to develop their solutions and sales pitches around the biggest tech boom of the 21st century. However, not all “artificial intelligence” is equally suitable for security applications, and it’s essential for end users to remain vigilant in understanding how their solutions are utilizing AI. Read Now

  • Improve Incident Response With Intelligent Cloud Video Surveillance

    Video surveillance is a vital part of business security, helping institutions protect against everyday threats for increased employee, customer, and student safety. However, many outdated surveillance solutions lack the ability to offer immediate insights into critical incidents. This slows down investigations and limits how effectively teams can respond to situations, creating greater risks for the organization. Read Now

Most   Popular

New Products

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.