The purchase was finalized on December 1. Terms of the deal were not disclosed.
Matrix Systems moved to Miamisburg from Washington Twp. in 2010. It employs 43 people and has “a focused eye on growth,” said Grillo.
“ACRE was the perfect fit for our business as we share a commitment to ensuring our customers receive great service and support,” Matrix CEO Bruce Rogoff said in a statement. “In addition, our customers have access to an innovative and compelling roadmap that builds on the proven Matrix product line with ACRE’s security expertise.
Matrix systemsThe management team has been retained with multi-year contracts, and Rogoff, the former owner of the company, will remain on board to help with the transition, said Grillo. David Barnard, a “key member” of ACRE’s management team and one of the previous owners of RS2 Technologies, has been appointed CEO of the company for the foreseeable future, he said.
ACRE employs more than 400 people in more than 26 countries. Since its inception in 2012, the company has been instrumental in the development and implementation of security technology initiatives globally, said Grillo. ACRE’s Vanderbilt, Comnet, Razberi, Feenics, Matrix, TDS, Open Options and RS2 brands provide advanced solutions to thousands of customers around the world.
From an infrastructure perspective, Matrix Systems’ physical presence at 1041 Byers Road Miamisburg is sufficient to support “significant expansion,” as are the Columbus offices, Grillo said.
“We are currently considering expanding our support team as we are in the process of replacing a retiring employee and we currently have two open requests open for programmers at Miamisburg,” he said. “We are also considering hiring in Columbus, Ohio and South Florida to support our clientele. “