Advancis confirms acquisition of Irish security company, Cruatech
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Advancis Software & Services GmbH, manufacturer of the open Physical Security Information Management Software (PSIM) WinGuard, has acquired the Irish software company Cruatech, provider of physical security integrations solutions.
Cruatech, based in Dublin, Ireland, has 11 years of experience in the security industry and provides individual integration solutions in physical security to customers in all business sectors, e.g. Governmental, Finance and Data Centres. Cruatech is a software company that, in addition to its own products, offers integration services for leading manufacturers from all over the world. With over 250 integration modules already developed, Cruatech has extensive development experience. Cruatech will remain as an independent company and will further expand its development department in the future. Thus, the company might support Advancis in the future as a “Development Partner” within the Advancis Ecosystem and develop specific interface modules for WinGuard projects.
With this acquisition, Advancis strengthens its position in the field of vendor-neutral PSIM.
In addition to its own PSIM solution, Cruatech’s existing product portfolio includes a software solution for consolidating access control systems from different manufacturers. The logical and physical access rights associated with an employee’s role are always synchronised, e.g. only one access card is needed to log in to different subsystems. Such functionality is often desired by PSIM customers meaning that Advancis can offer its customers added value here while maintaining vendor-neutrality.
Jan Meiswinkel, CEO of Advancis said: “A key factor in the decision to acquire Cruatech was their employees, who have many years of experience in interface development (particularly in the access control sector), but the human element was also immediately convincing. We look forward to working with the experienced Cruatech team to further expand our integration expertise and time to market. In parallel, the Cruatech team will support the Advancis area representation in Dublin/Ireland that will be newly established.”
Cruatech’s CEO, David King with regard to the acquisition added: “We are excited to be a part of the Advancis group who are industry leaders in the international PSIM market. This represents a huge opportunity to work in a team with a winning mentality and proven track record who possess long-term customer relationships established worldwide over the last 25 years. Cruatech will bring flexibility, determination and a deep understanding of integrated solutions alongside some new and exciting technology.”
Detailed terms of the transaction were not disclosed. The transaction was completed on 18 August 2021 retroactive to the beginning of the year 2021.