Banner Drives Expansion Strategy with Acquisition

  • Apr 21, 2021

Following its acquisition of the Pacific Northwest‘s leader in locks and hardware, the wholesale division of Builders’ Hardware & Supply Company based in Seattle, Washington in February 2021, Banner Solutions has now announced its acquisition of H.L. Flake Security Hardware, based in Houston.  H.L. Flake is one of the largest independent security hardware distributors in the United States, with a strong position in the locksmith market. This acquisition will enable Banner Solutions to further strengthen its offering to that critical customer base.

“H.L. Flake is a company we’ve long admired for their commitment to serving the locksmith customer,” Brendan Deely, president and CEO of Banner Solutions, said. “This represents a tremendous opportunity for Banner Solutions to add a wealth of expertise and history in that critical channel, as well as an assortment of products that more completely service the needs of the locksmith. At the same time, H.L. Flake customers will gain the power of Banner’s industry-leading distribution network.”

“From our beginnings as a bicycle retailer to today, H.L. Flake has now spent 109 years focused on our customers,” said Mark D. Knight, CEO of H.L. Flake. “By becoming part of Banner Solutions, we have the opportunity to expand our product offering and distribution network to serve our locksmith customers better than ever. We’re proud to join a company that has that same commitment to taking care of its customers.”

This acquisition marks Banner Solutions’ seventh as a platform and second under Tailwind Capital.

H.L. Flake Security Hardware will be integrated into Banner Solutions throughout 2021 to ensure minimal disruption for customers; H.L. Flake customers will continue to deal with the same team they have grown accustomed to throughout the years.

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

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.