Iverify Announces Strategic Acquisition

  • Mar 27, 2015

Iverify announced it has acquired Checkview Corporation, a provider of loss prevention and security services for national accounts, further reinforcing Iverify’s position as a best-in-class security product and service provider.  The combination of the two companies is expected to more than double the business of Iverify.

In commenting on the announcement, Iverify CEO Sean Forrest said, “This acquisition was a logical next step for Iverify and, in fact, gives us a significant competitive advantage as we expand our footprint in Canada and reinforces our position as a leader of security protection solutions in North America.”

Checkview customers will not only continue to enjoy the same suite of protection solutions, which include intrusion alarm, fire alarm, CCTV and access control, but will now be able to take advantage of Iverify’s interactive video response and two way audio solution, which extends beyond what most competitors offer. Iverify’s comprehensive security solution set benefits national account customers across many sectors including auto dealerships, national retail chains, transportation, distribution, and commercial property management firms.

President Steve Champeau said, “Iverify and Checkview have a shared DNA, as both companies offer life-safety and property protection solutions for national accounts.  The scale and talent of the additional resources Checkview brings gives us the ability to run our centralized business operations with both efficiency and a continuing, unparalleled focus on serving our customers.”

Nicholas Khalil, who will continue in the role of Checkview CEO, added, “We’re excited to be a part of the Iverify team. We share a belief that customers come first, and we look forward to the synergies that a combined Iverify and Checkview will bring our customers.”

This is the second major deal Iverify has completed in the national account service space.  In June 2014, Iverify acquired TransAlarm, a leading provider of life-safety and property protection solutions. Driehaus Private Equity was the financial sponsor for that deal, as well.

Featured

  • Data Driven, Proactive Response

    As cities face rising demands for smarter policing and faster emergency response, Real Time Crime Centers (RTCCs) are emerging as essential hubs for data-driven public safety. In this interview, two experts with deep field experience — Ross Bourgeois of New Orleans and Dean Cunningham of Axis Communications — draw on decades of operational, leadership and technology expertise to share how RTCCs are transforming public safety through innovation, interagency collaboration and a relentless focus on community impact. Read Now

  • Integration Imagination: The Future of Connected Operations

    Security teams that collaborate cross-functionally and apply imagination and creativity to envision and design their ideal integrated ecosystem will have the biggest upside to corporate security and operational benefits. Read Now

  • Smarter Access Starts with Flexibility

    Today’s workplaces are undergoing a rapid evolution, driven by hybrid work models, emerging smart technologies, and flexible work schedules. To keep pace with growing workplace demands, buildings are becoming more dynamic – capable of adapting to how people move, work, and interact in real-time. Read Now

  • Trends Keeping an Eye on Business Decisions

    Today, AI continues to transform the way data is used to make important business decisions. AI and the cloud together are redefining how video surveillance systems are being used to simulate human intelligence by combining data analysis, prediction, and process automation with minimal human intervention. Many organizations are upgrading their surveillance systems to reap the benefits of technologies like AI and cloud applications. Read Now

  • The Future is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reason. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. But as the number of cameras grows and resolutions push from HD to 4K and beyond, the cloud’s limits are becoming unavoidable. Bandwidth bottlenecks. Latency lags. Rising storage costs. These are not abstract concerns. Read Now

Most   Popular

New Products

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.

  • 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.