Announced today the move could herald a period of change for the market leader in dual signalling, which has recently launched products and services that plug into the internet of things.
CSL’s flagship security range provides alarm signalling for domestic, commercial and retail premise, while its wireless telecare range protects vulnerable residents in the healthcare sector.
CSL’s DualCom signalling range is installed by more than 2,000 security installers across the UK, while the company manages more than 400,000 connections in the fire, security and ‘telehealth’ sectors.
CSL pioneered the migration from wired to wireless communication in the electronic security through its multi-network WorldSIM, which provides maximum ‘up time’. The company now provides its services to nearly half a million M2M devices throughout Europe.
CSL, which describes itself as a ‘connectivity solutions provider’ in the machine-to-machine (M2M) sector, was subject to another, Bowmark Capital-backed management buyout in 2011. Group CEO Phil Hollett and founder and group managing director Simon Banks led an earlier buyout in 2006.
Founded in the UK in 1996 CSL now also has operations in Ireland, Sweden and the Netherlands.
“We are keen to continue investing in product innovation and support for our Fire & Security customer base in the UK, Ireland, Nordics and Netherlands,” said CSL’s founder and group managing director Simon Banks. “The new partnership enables CSL to expand into other close verticals and take managed connectivity to a world
stage.”
Said Ed Heale, CSL’s recently appointed managing director: “with the support of our new financial partners, we can continue to improve the service we provide in our existing markets, as well as accelerate our plans in other sectors both organically and through acquisition.”
CSL recently launched the latest incarnation of its DualCom Gradeshift range.
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