The Duchossois Group acquires Controlled Products Systems Group
Source SecurityInfoWatch.com
The Duchossois Group, Inc (TDG). announced this week that it has acquired Controlled Products Systems Group, Inc. (CPSG), a Denver-based wholesale distributor of perimeter access control solutions in the U.S. Terms of the deal were not disclosed.
In a statement, The Duchossois Group said that acquisition supports their commitment to invest in “strong, innovative businesses” that complement their subsidiary, The Chamberlain Group, Inc. (CGI).  Â
 “CPSG is able to successfully deliver bundled, perimeter access control solutions to the market by maintaining close relationships with customers and providing best-in-class service,” said CGI CEO Jim Roberts. “As we leverage best practices, both companies will be better positioned to serve our dealer-installers, business customers and consumers.”
CPSG will continue to be run as a stand-alone business led by President Brian Huitt, President. The company’s headquarters will also remain in Denver.
“Being acquired by TDG gives us long-term stability and access to the resources and infrastructure of a larger, focused parent company,” said Huitt. “I am excited to continue growing CPSG through leadership products, total solution consultation, and unrivaled technical expertise and customer support.”