BranchServ has a history of helping financial institutions put their best branch forward. And our commitment to doing so remains unchanged. That said, our team's ability to execute has been enhanced by our recent acquisition by Convergint, a worldwide leader in service-based security systems integration.
Custom Vault Corporation — BranchServ's parent company — and Convergint entered into an agreement to join forces in May. As a result, BranchServ Convergint emerged as an even stronger partner for our customers with the ability to deliver best-in-class automation, security, and service solutions to the financial services industry. This includes customized offerings that span everything from decommissioning to managed services to cyber security.
Tom Brennan, CEO of Custom Vault Corporation, was quick to express his enthusiasm about teaming up with Convergint.
"We are elated to be joining Convergint. This will allow us to provide our customers with an increased level of industry expertise and global servicing capabilities, Brennan said. "Convergint's cultural philosophies align directly with our company's foundational operations, our service approach and our commitment to our clients and colleagues. We look forward to what's to come in the future as a combined entity."
Who is Convergint?
Headquartered in Schaumberg, IL, Convergint opened its doors in 2001, and has grown exponentially year on year since its founding. Now valued north of $1 billion, the company operates more than 150 locations across the globe and employs over 6,000 thousand colleagues. Convergint's industry-leading integration capabilities helped it land on SDM Magazine's annual "Top Systems Integrators Report" for three years running. Moreover, the company is renowned for its industry leading cybersecurity, fire alarm and life safety offerings.
"Convergint serves a myriad of industry verticals, including the federal government, data centers, hospitality and more."
Convergint has aggressively pursued both organic growth and strategic acquisitions to fuel its success with over 40 transactions leading up to its deal to purchase Custom Vault Corporation. As a result, the company now serves a myriad of industry verticals including the federal government, data centers, hospitality, manufacturing, higher education, utilities, retail and of course, financial services.
Convergint CEO Ken Lochiatto noted that the ultimate beneficiary of the partnership with Custom Vault Corporation will be customers, both those in financial institutions specifically and financial services in general. He stated, "As we continue to execute on our strategic growth strategy, one essential ingredient we seek before determining our interest is their investment and commitment to foster an inclusive, supportive culture — Custom Vault Corporation embodies just that."
Other organizations that have joined the Convergint Technologies family include Post Browning, Dakota Security Systems, Inc. and Smith Hamilton. As such, the company now has a very strong base of expertise in serving banks and credit unions and a geographic presence to ensure national coverage.
We're ready to grow
At BranchServ, we're familiar with growth spurts. When we launched in 1999, it didn't take us long to become a leading security and automation service provider. Not only did we open a new corporate facility in 2007 to accommodate a larger employee and client base, but that same year we were named to Inc. magazine's list of fastest-growing companies in the United States. Fast forward to today, where we serve several of the nation's largest branch networks and a wide swath of banks and credit unions with particular strength on the East Coast and South Central region. As part of Convergint, we won't soon slow down.
BranchServ Convergint remains committed to its clients and ensuring that they always have the means and wherewithal to put their best branch forward. Want to learn more? Reach out today.