SALTO Invests in Austrian Company Gantner to Strengthen its Access Control Solutions Portfolio -- Security Today

SALTO Invests in Austrian Company Gantner to Strengthen its Access Control Solutions Portfolio

Oct 15, 2020

SALTO Systems has acquired Gantner Electronic Austria Holding GmbH.

SALTO manufactures electronic access control solutions with trusted customers in Education (Princeton University, University of Oxford), Hospitality (Hilton, Meliá Hotels and Resorts), Healthcare (Cleveland Clinic), Commercial (Assemblée Nationale, T-Mobile), Working Spaces (IWG Group, The Executive Center), Retail (BBVA, Migros), Coliving & Purpose Based Student Accommodation (The Student Hotel, Sonder) and Residential (Greystar). Having one of the broadest product portfolios in access control worldwide, SALTO can fulfill virtually every technical and functional requirement.

Access control solutions by SALTO can encompass almost every access point in a building and its perimeter. SALTO’s access control management software provides an intuitive user-centered software interface that makes it simple and secure to incorporate access control for any type of building size or user need.

In addition to Gantner, SALTO has added Clay (NL) and Danalock (DK) to its portfolio in recent years, thereby strengthening its position in cloud, mobile access, and customer-centric solutions such as ticketing systems and cashless payment.

Gantner is an Austrian company specialized in access systems, electronic locking and locker systems, cashless payment, cash register and billing systems, staff time recording systems as well as ticketing and management software for leisure facilities. A customer-centric and service-minded culture positions Gantner as a preferred partner to a variety of customers ranging from small and mid-cap enterprises to industry-leading Fortune 500 companies.

The transaction was financed by a combination of capital increase, bank financing and cash. The capital increase amounts to $251 million and has been subscribed by both existing shareholders such as ALANTRA (SP) and new investors such as SOFINA (BE), PENINSULA CAPITAL (LUX), and FLORAC (FR). Financial investors will hold a combined 30% stake in SALTO, with the remainder retained by SALTO’s founding members and managers (60%) and private investors (10%).

Part of what attracted SALTO to Gantner was their strong commitment to research and development. “The addition of Gantner to the SALTO portfolio offers a very bright future for our ability to continue to deliver the absolute best in electronic access control solutions,” said Javier Roquero, the co-founder and CEO of SALTO. “The Gantner product suite offers a variety of innovative locking solutions as well as cashless payment and ticketing systems that enrich and diversify our product offering and will enhance the end-user experience. We are thrilled to welcome Gantner to the SALTO family.”

“Thanks to the new partnership with SALTO, we can expand our product portfolio, take advantage of important synergies, better target our markets and address customer segments with precision. This puts us in an optimal position to continue our dynamic growth,” said Elmar Hartmann, CEO Gantner Group.

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