Everon Acquires Kentucky-Based Newtech Systems
Acquisition marks the first M&A activity for Everon since launching as a standalone company, deepening presence across four states.
We updated this story on Everon acquiring Newtech Systems as of Feb. 12, 2024. For more information about Everon and its acquisitions, check out the Security Sales & Integration archives.
BOCA RATON, Fla. – Security, fire and life safety integrator Everon, also known as ADT Commercial, has acquired Ashland, Ky.-based Newtech Systems, the first deal for the company since it established as a standalone entity in October following GTCR’s acquisition.
“This is a huge moment for Everon, and we’re so excited that we get to share it with the very talented employees and leaders at Newtech Systems as we welcome them to our organization,” says Dan Bresingham, Everon chief executive officer, in the company announcement.
“We’ve said that Everon will be about growth – growth in our capabilities, in our people, and in our service area – all with the goal of serving our commercial customers better and more completely,” he says. “And today’s news proves that. For nearly half a century, the leaders at Newtech have proven to have the same appetite for excellence that we do, and we’re looking forward to continued success alongside them across the region and market.”
Why Everon Wanted Newtech Systems
A family-owned and operated business established in 2006 with a history that dates back to 1954, Newtech Systems “has solidified its reputation as one of the leading and most respected systems integrators in the region,” according to the company announcement.
In addition to its headquarters, the company has additional offices in Lexington, Ky.; Columbus, Ohio; Pittsburgh; and Dunbar, W.Va.
With hundreds of years of combined team experience, Newtech Systems “offers a comprehensive portfolio of services and solutions to commercial environments, including expertise in video surveillance, access control, intrusion detection, healthcare communications, and fire alarm systems,” the announcement says.
Newtech and Customer Commitment
“At Newtech, our commitment to our customers is what drives us, and we recognize that same drive in Everon,” says Tom Kibler, vice president and general manager of Newtech Systems, in the announcement.
“We’re excited to grow our expertise and reach in the region as part of Everon, and continue building on that culture of trust that we’ve been developing over decades,” he says.
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