Expanding its presence in the social housing access control sector – the group includes CAME BPT, CAME PARKARE and CAME BPT Ireland – CAME UK has completed the acquisition of KMS (Key Management Systems Ltd).
Adding KMS into the UK Group of companies will see the consolidated revenues of CAME UK increase to around €28 million, says the business, demonstrating its “dedication to expansion”.
President of CAME S.p.A. Andrea Menuzzo commented: “KMS became a real target for CAME towards the end of 2019 where we were impressed with its solutions offered and state of the art cloud-based management system. CAME takes great pride in being at the forefront of both technology and connectivity and we soon found that KMS shared these exact same values.
“Predominantly a software and connectivity company, KMS was the ideal target for CAME UK and will allow our operations in the UK to prosper even further and provide additional growth over the coming years.”
Founded in High Wycombe, in 2005, KMS has established itself as a specialist supplier of access control equipment for the local authority sector. Consisting of a 30 strong team, KMS believes its success is a result of the development of a robust access control system which combines an efficient range of hardware solutions, with cloud-hosted access control software.
Having seen consistent expansion over the last decade in the field of automation and access control, CAME has demonstrated similar success’s with recent local mergers, notably with BPT Security Systems Ltd in 2012, Elite Manufacturing in 2013 and Parkare Ltd in 2014.
The synergy between CAME’s cloud-based operating systems for gate automation and intercoms have been a driving force behind the deal. Shared knowledge, best practice and product development opportunities provide leverage for both entities, believe the two. The re-brand of KMS to CAME KMS is set to begin immediately.
Managing Director of CAME UK, James Bostock, who has been instrumental in the acquisition, said: “CAME UK is delighted to be able to welcome KMS into our CAME family and extremely grateful for the fantastic opportunity we have been granted by our corporate headquarters to further expand our UK operations into new market sectors alongside emerging product technologies that KMS will provide.
“Working alongside the existing management team at KMS throughout the acquisition process we quickly realised that both CAME and KMS shared the same quality values that create a perfect starting block to look forward into how both companies can work together to improve our product offer, business operations and position in the market.
“Whilst there are no immediate plans to change what KMS has been doing so well, we do look forward to sharing the obvious synergies that the acquisition offers us in terms of product development, cloud connectivity and the future CAME KMS roadmap.
“2020 was a very challenging and difficult period for everyone, so to start 2021 with the news of this acquisition is fantastic for all our team and being part of such a strong & supportive group like CAME continues to provide us all the motivation we need to push on even further to realise what is possible.”
Tim Gregory, one of the Directors and founder member of KMS, added: “The KMS team are genuinely excited by the opportunities that becoming part of the CAME Group will bring. We are all looking forward to working with our new colleagues to develop new and exciting products alongside supporting all our existing products to meet our customers specific requirements.
“Being part of an internationally renowned and well-established group, will give us all the support and investment we need to grow our business in both our traditional UK market and new potential markets within the group.”
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