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

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

  • Why the Future of Video Security Is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reasons. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. Read Now

  • UL Solutions Launches Artificial Intelligence Safety Certification Services

    UL Solutions Inc., a global leader in safety science, today announced the launch of artificial intelligence (AI) safety certification services, enabling comprehensive assessments for evaluating the safety of AI-powered products. Read Now

  • ESA Announces Initiative to Introduce the SECURE Act in State Legislatures

    The Electronic Security Association (ESA), the national voice for the electronic security and life safety industry, has announced plans to introduce the SECURE Act in state legislatures across the country beginning in 2025. The proposal, known as Safeguarding Election Candidates Using Reasonable Expenditures, provides a clear framework that allows candidates and elected officials to use campaign funds for professional security services. Read Now

    • Guard Services
Most   Popular

New Products

  • 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.

  • 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.

  • 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.