Nortek Security

Carlsbad, United States Founded: 1961 • Age: 65 yrs Acquired By Nice Spa
Manufacturer of automated gate, door, and home security systems

About Nortek Security

Nortek Security is a company based in Carlsbad (United States) founded in 1961 was acquired by Nice Spa in October 2021.. Nortek Security has completed 2 acquisitions, including IntelliVision and SpeakerCraft.

  • Headquarter Carlsbad, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nice North America
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Nice Spa

    (Oct 05, 2021)

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Funding Insights of Nortek Security

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nortek Security

Nortek Security has secured backing from 1 investor. Prominent investors backing the company include Nice Spa. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Integrated automation systems for homes and commercial spaces are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nortek Security

Nortek Security has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include IntelliVision and SpeakerCraft. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Video surveillance analytics systems with facial recognition are provided.
2002
Engineering consulting services for infrastructure safety and design are provided.
1976
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Nortek Security

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nortek Security Comparisons

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Competitors of Nortek Security

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nortek Security

Frequently Asked Questions about Nortek Security

When was Nortek Security founded?

Nortek Security was founded in 1961.

Where is Nortek Security located?

Nortek Security is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.

Who is the current CEO of Nortek Security?

Grant Rummell is the current CEO of Nortek Security.

What does Nortek Security do?

Founded in 1961 and headquartered in Carlsbad, United States, operations are focused on the security and automation sector. Integrated systems for residential, commercial, and industrial use are designed and produced, including gate and garage door openers, access control, surveillance, sun shading, and home management solutions. A modular approach is employed to enable customization. Support is extended to builders, dealers, and distributors through tailored services.

How many acquisitions has Nortek Security made?

Nortek Security has made 2 acquisitions, including IntelliVision, and SpeakerCraft.

Who are Nortek Security's investors?

Nortek Security has 1 investor. Key investors include Nice Spa.

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