Pelco Has New Ownership

Transom Capital Group (Transom), today announced it has acquired Pelco Inc. (Pelco), from Schneider Electric. Terms of the deal were not disclosed.

Pelco designs, develops, and manufactures predictive video security solutions including cameras, recording and management systems, software and services. Pelco’s personal engagement with customers, resellers and technology partners drives the development and deployment of surveillance and security solutions with meaningful innovation.

“As most security industry experts know, Pelco is one of the pioneers of the video surveillance space,” said Russ Roenick, managing partner at Transcom. “The journey toward creating the next great breakthroughs in video security begins today through our investment in Pelco. We have conviction that the work done over the past several years to transform the company into a digitally-savvy company with innovative hardware, software and service solutions is nearly complete. We are excited to partner with management to grow the business for many years to come.”

Jean-Marc Theolier, CEO, Pelco Inc., said “As we surveyed the landscape of potential partners, our primary goal was to commit with a company who appreciated Pelco’s legacy, as well as supported our current business strategy and growth plan. Transom strongly believes in our unique value proposition to be an end-to-end solutions provider, and has encouraged us to continue doing what we do best. We are excited to work with Transom, and to develop new and innovative solutions to best serve our business partners.”

Schneider Electric paid $1.5 billion for Pelco in 2007. Over the past few years, the valuation had dropped significantly, though terms of the sale were not released.

Transom markets itself as improving operations of companies they acquire. For instance, company officials say they have developed a systematic approach to value creation known as the ARMOR℠ Value Creation Process, which is an acronym that stands for Acquisition, Restructuring, Monitoring & Operations and Return.

“ARMOR is our playbook and is a collection of real-world proven methods for each stage of the investment timeline to create performance driven cultures, create and improve strategy, drive topline growth, decrease waste, improve operations, customer service and product quality, source talent, tighten budgeting and lead companies and their executive teams to new heights, company officials said.”

Their portfolio includes a pen manufacturer, a sporting goods manufacturer, a helmet manufacturer, etc. which has raised concerns about Pelco's fit. However, Transom also owns technology companies, such as Mackie, a loudspeaker manufacturer, Critigen, a geospatial services provider, and Heath-Zenith, a lighting and doorbell manufacturer.

According to IPVM blogger John Honovich, Pelco is now independent. While Transom owns Pelco, Pelco will be run independently.

Pelco's CEO told IPVM that Pelco's strategy remains the same, emphasizing the long term goal of being a "leader in predictive video analytics solution" as they expand their VMS, cloud and AI offerings. The company also said that they remain committed to being an end-to-end provider, including manufacturing cameras (not made in China).

Theolier said he is committed to staying with Pelco, which was a question considering that he comes from long tenures at Schnieder Electric. More employees were laid off from Pelco last week as the deal closed. While Theolier declined to address specific reasons or headcount numbers, he noted differences going from a sizeable corporation to a standalone company, and the positions needed therein.

About the Author

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

Featured

  • Ransomware Attacks Rise for the First Time in Six Months

    Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services

  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

  • Eagle Eye Networks Launches AI Camera Gun Detection

    Eagle Eye Networks, a provider of cloud video surveillance, recently introduced Eagle Eye Gun Detection, a new layer of protection for schools and businesses that works with existing security cameras and infrastructure. Eagle Eye Networks is the first to build gun detection into its platform. Read Now

  • Report: AI is Supercharging Old-School Cybercriminal Tactics

    AI isn’t just transforming how we work. It’s reshaping how cybercriminals attack, with threat actors exploiting AI to mass produce malicious code loaders, steal browser credentials and accelerate cloud attacks, according to a new report from Elastic. Read Now

Most   Popular

New Products

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge.

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.