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ASSA ABLOY acquires Pedestal PRO in the US

PRIVATEApr 17, 2025

Acquiring Company

ASSA ABLOY

Acquired Company

Pedestal PRO

StockholmLindonManufacturingInformation TechnologySecurityCyber SecurityHomeland SecurityWholesaleManufacturing

Description

ASSA ABLOY has acquired Pedestal PRO to strengthen its position in mature markets. This acquisition adds complementary products and solutions to ASSA ABLOY's core business. Pedestal PRO's offerings enhance ASSA ABLOY's access control solutions. The acquisition will be accretive to EPS from the start.

Company Information

Company

ASSA ABLOY

Location

Stockholm, Stockholm County, Sweden

About

ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 63,000 employees and sales of SEK 150 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

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Frequently asked

Who acquired Pedestal PRO?

Pedestal PRO was acquired by ASSA ABLOY, based in Stockholm. The deal was reported on April 17, 2025. ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. ASSA ABLOY is privately held and operates in Manufacturing.

When did ASSA ABLOY acquire Pedestal PRO?

ASSA ABLOY's acquisition of Pedestal PRO was reported on April 17, 2025. ASSA ABLOY has acquired Pedestal PRO to strengthen its position in mature markets. This acquisition adds complementary products and solutions to ASSA ABLOY's core business. Pedestal PRO's offerings enhance ASSA ABLOY's access control solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pedestal PRO do?

Pedestal PRO is a US manufacturer of access control pedestals, bollards, and innovative mounting solutions. Founded in 2002, it employs around 50 people. Their product portfolio enhances offerings for electromechanical solutions. It is privately held, operating in Manufacturing, and is based in Lindon.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.