Pasek Acquired by DH Pace
Transaction assisted by Davis Mergers & Acquisitions Group
September 27, 2019, Boston, MA — D.H. Pace, Olathe, KS, today announced the acquisition of the Pasek Corporation of Boston, MA. Pasek was founded in 1876; the roots of D.H. Pace go back to 1926. Since their foundings, both organizations have built strong reputations as national leaders in the commercial door and security industries.
The combined businesses will have roughly 3,000 employees working from over 50 offices in 22 states, dedicated to delivering a complete range of security systems, door and door-related products and services for the complete building lifecycle.
Pasek will continue to operate under its current management team and tradename, continuing its 143 year tradition of delivering excellent service to its customers and providing best-in-class solutions throughout the New England region.
Rex Newcomer, D.H. Pace CEO, said, “We are excited to partner with the Pasek team since we share the same passion for serving customers by delivering a broad range of opening and security related solutions. The partnership between the Pace and Pasek teams will strengthen both organizations and allow us to better serve our customers in the future.”
Lew Alessandrini, President Pasek Corporation, said, “The D.H. Pace organization is the perfect match for our business. Our cultures and histories are similar, and we feel fortunate to have realized this partnership.”
Dave Sylvester of Davis Mergers & Acquisitions Group represented Pasek in the transaction.
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About Pasek Corporation
Established in 1876 by John Pasek, the business has been providing both mechanical and electronic physical security products and services to Boston-based businesses without interruption. The Pasek team blends mechanical and electronic products into systems that deliver improved security and safety for a broad range of applications. Customer support is driven from fully stocked warehouses in South Boston, a dedicated team of product specialists, product managers, certified and licensed technicians and a fully stocked fleet of service vehicles. Pasek is a member of the Security Net, group of nationwide security systems providers. For more information, visit: www.pasek.com.
About D.H. Pace Company, Inc.
With roots dating back to 1926, the organization has grown to become an industry leader in delivering a broad range of mechanical door products and electronic security systems for a broad range of applications. The Company also provides its products and services to multi-location customers on a national basis. Pace is a privately held and family owned business based in Olathe, Kansas. For more information visit: www.DHPace.com.
About Davis Mergers & Acquisitions Group
Davis Mergers and Acquisitions Group (DMAG) represented Pasek Corporation in this transaction. DMAG is a full-service Mergers & Acquisitions team that works strictly in the Security and Integration industries. For further information visit: graybeardsrus.com.