Communication Networks, Inc.

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Communication Networks, Inc. - overview

Established

2007

Location

Danbury, CT, US

Primary Industry

Logistics & Distribution

About

Communication Networks, Inc. is a provider of secure communication networking solutions, specializing in industrial security and video surveillance technology tailored for critical applications in various sectors. Founded in 2007 and headquartered in Danbury, US, Communication Networks, Inc. specializes in advanced communication networking solutions.


The firm was acquired by Acre, LLC in December 2016, although specific financial details were not disclosed. George Lichtblau serves as CEO, leading the company in its strategic direction. Comnet by Acre specializes in secure communication networking and server solutions, providing a robust portfolio of industrial security and video surveillance networking devices tailored for high-stakes applications. The company's core offerings include Ethernet switches, network extenders, media converters, edge computing devices, and video storage appliances, each designed to integrate seamlessly with existing infrastructure and enhance security capabilities.


These products are engineered for environments where performance and reliability are critical. Comnet serves a diverse client base, including healthcare facilities, educational institutions, government entities, and enterprises across various sectors, with a geographical focus on North America and select international markets. Notable projects include advanced video surveillance systems for multi-story parking garages and custom solutions for public events, showcasing the company's commitment to addressing complex security challenges. Comnet by Acre generates revenue primarily through B2B transactions, providing its products and services directly to businesses and organizations.


The transaction structure typically involves long-term partnerships and contracts, wherein clients procure solutions tailored to their specific security needs. Revenue streams include one-time sales of hardware products as well as ongoing subscription models for software solutions, such as remote monitoring and network management tools. Clients often engage in bulk purchasing agreements for comprehensive security systems, enabling customers to create resilient infrastructures while benefiting from economies of scale. Key products associated with revenue generation include proprietary security solutions that meet regulatory compliance requirements, such as TAA and NDAA, ensuring peace of mind for users in critical environments.


Looking ahead, Communication Networks, Inc. plans to enhance its product offerings with the introduction of new networking solutions designed for scalability and efficiency, although specific release dates have not been detailed. The company is targeting expansion into international markets with a focus on Europe and Asia by 2025. The resources from their acquisition by Acre, LLC in December 2016 are expected to support these initiatives and facilitate growth in new geographical regions.


Current Investors

Access Control Related Enterprises, LLC

Primary Industry

Logistics & Distribution

Sub Industries

Electrical, Plumbing & Hardware Distributors, Electronic Components & Semiconductor Wholesalers, IT Security/Cybersecurity, Fiber Optics

Website

www.comnet.net

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Communication Networks, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCommunication Networks, Inc.-

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