Architronics
Avante Partnership
Given Avante’s renewed strategy and reorganisation of the business into strategic business units, it was a better strategic fit to have Architronics wholly owned by the Company. Our belief was based on that with 100% ownership the Company will be able to create a unified culture across business units, promote cross-selling, reduce overhead, align key executives with the renewed corporate strategy, and ultimately increase top and bottom lines.
Update
Intelligarde
Intelligarde offers services that include:
· Regular security guards
· High profile security guards
· Concierge & low-profile security guards
· Mobile response & patrol
· Emergency planning
· 24/7 communications centre
· CCTV & access control
· Electronic reporting suite
· Private investigators
Intelligarde operates primarily in the following industries:
· Parking enforcement
· Campus security
· Government security
· Industrial security
· Residential high rises & hotels
· Commercial building & office security
· Parking enforcement
· Strip malls, retail & shopping malls
Avante Partnership
Intelligarde was Avante’s first foray into the commercial guarding industry and a first step in building a national technology enabled security solutions provider and a one-stop shop for large national clients. This acquisition allows Avante to offer a broader range of services to clients in the GTA as well as provide an entrance to Western Canada through Winnipeg. Intelligarde provides Avante a significant platform to offer large, national clients technology enabled security solutions.
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Watermark
Avante Partnership
Avante purchased 100% of the shares of Watermark on the belief that given Watermark’s client base and market penetration in the Muskoka market that we will be able to achieve significant synergies and cross-selling opportunities with our client base in the GTA.
Update
Veridin
Avante Partnership
Veridin’s most significant issue was the lack of growth capital as they begun to scale exponentially. Avante purchased 100% of the shares of Veridin from Colin and made additional investments in the business to turbo charge growth. Under Avante’s stewardship and financial resources, Veridin will be able to accelerate its growth providing significant returns to Avante and shareholders. Veridin’s network of industry-leading partners will also provide Avante greater access to innovative products and partners.