This is the fourth acquisition announced by Honeywell in 2021. US Digital Designs’ suite of hardware and software solutions, which includes dispatch communication aids and mobile alerting applications
Honeywell has agreed to acquire privately held US Digital Designs, Inc., a Tempe, Ariz.-based company, for a purchase multiple of ~14X EBITDA in an all-cash transaction. The company delivers alerting and dispatch communications solutions, which enhance first responders’ efficacy and enable faster emergency response times.
“Integrating US Digital Designs’ fire station alerting capabilities with Honeywell’s Connected Life Safety Services will allow us to eliminate manual processes and significantly reduce response time. Helping first responders arrive faster on site means potentially saving more lives and providing a higher level of asset protection,” said Doug Wright, president and chief executive officer, Honeywell Building Technologies.
US Digital Designs’ suite of hardware and software solutions, which includes dispatch communication aids and mobile alerting applications, provides situational awareness and helps reduce response times. US Digital Designs also offers solutions that awaken first responders with soft-start LED lighting and audio alerts that are less disruptive. The offerings complement Honeywell’s suite of solutions that help its customers meet their environmental, social and governance (ESG) goals, including improving safety for first responders.
“We are pleased to join the Honeywell team and support its efforts to add more automation and digitization to the public safety communications process. Reducing response times means we can protect more people, buildings and their assets,” said Todd Smith, president and chief electrical engineer, US Digital Designs.
This is the fourth acquisition announced by Honeywell in 2021, part of the company’s disciplined strategy to deploy capital to high-return acquisitions, which will drive future growth. With this acquisition, Honeywell will further expand its public safety offerings designed to improve the safety of first responders and building occupants. These offerings include Fiplex bi-directional amplifiers (BDAs) that provide continuous and critical in-building radio coverage. Honeywell acquired a majority stake in Fiplex Communications, Inc., in March 2021.
