{"id":866826,"date":"2025-07-07T08:33:20","date_gmt":"2025-07-07T12:33:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/"},"modified":"2025-07-07T08:33:20","modified_gmt":"2025-07-07T12:33:20","slug":"allegion-acquires-access-control-software-provider-gatewise","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/","title":{"rendered":"Allegion Acquires Access Control Software Provider Gatewise"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Allegion Acquires Access Control Software Provider Gatewise<\/b><\/p>\n<p>DUBLIN&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.allegion.com%2F&amp;esheet=54286304&amp;newsitemid=20250707482670&amp;lan=en-US&amp;anchor=Allegion+plc&amp;index=1&amp;md5=9cd51e7360fdd649302db24b37f53c2a\">Allegion plc<\/a> (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired privately owned Gatewise Incorporated (Gatewise), a leading provider of smart access control solutions in the U.S. multifamily marketplace.<\/p>\n<p>\nFounded in 2017 and based in Houston, Texas, Gatewise is a software-as-a-service provider that offers a modern and retrofit-friendly gate entry system for multifamily communities. The Gatewise portfolio features a mobile app for residents and a cloud-based management portal for property managers. It is highly complementary to Allegion\u2019s electronic locks and Zentra multifamily access solution, bringing together expanded perimeter security with unit and common area security.<\/p>\n<p>\n\u201cThis acquisition strengthens Allegion\u2019s position as a leader in smart, secure and scalable access solutions, especially for multifamily property owners and their residents,\u201d Allegion President and CEO John H. Stone said. \u201cTogether, Gatewise and Zentra will bring a more complete access and security solution to multifamily properties, delivering recurring value to our customers and end users with seamless, safe experiences.\u201d<\/p>\n<p>\nGatewise CEO Amit Sherman will join Allegion, helping ensure a smooth integration and working to accelerate growth for the combined businesses.<\/p>\n<p>\n\u201cMaking community access simple while also secure is at the center of our technology,\u201d said Sherman. \u201cWe integrate with leading property management systems, create ease of use with our app and ultimately alleviate the pains of traditional multifamily gate access products. Looking ahead, we\u2019re excited to serve even more multifamily communities alongside Allegion and Zentra.\u201d<\/p>\n<p>\nTerms of the transaction were not disclosed.<\/p>\n<p><b>About Allegion<\/b><\/p>\n<p>\nAt Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We\u2019re pioneering safety with our strong legacy of leading brands like CISA\u00ae, Interflex\u00ae, LCN\u00ae, Schlage\u00ae, SimonsVoss\u00ae and Von Duprin\u00ae. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. Allegion had $3.8 billion in revenue in 2024. For more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.allegion.com&amp;esheet=54286304&amp;newsitemid=20250707482670&amp;lan=en-US&amp;anchor=www.allegion.com&amp;index=2&amp;md5=7df1cf03939a2539139f0b9e81d27685\">www.allegion.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, the company\u2019s ability to successfully integrate the acquisition, achieve anticipated strategic and financial benefits from the acquisition, and statements regarding the company&#8217;s 2024 and future financial performance, the company\u2019s business plans and strategy, the company\u2019s growth strategy, the company\u2019s capital allocation strategy, and the performance of the markets in which the company operates. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201caim,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201coutlook,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result\u201d or the negative thereof or variations thereon or similar expressions generally intended to identify forward-looking statements. Forward-looking statements may relate to such matters as projections of revenue, margins, expenses, tax rate and provisions, earnings, cash flows, benefit obligations, dividends, share purchases or other financial items; any statements of the plans, strategies and objectives of management for future operations, including those relating to any statements concerning expected development, performance or market share relating to our products and services; any statements regarding future economic conditions or our performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Undue reliance should not be placed on any forward-looking statements, as these statements are based on the company&#8217;s currently available information and our current assumptions, expectations and projections about future events. They are subject to future events, risks and uncertainties &#8211; many of which are beyond the company\u2019s control &#8211; as well as potentially inaccurate assumptions, that could cause actual results to differ materially from those in the forward-looking statements. Important factors and other risks that may affect the company&#8217;s business or that could cause actual results to differ materially are included in filings the company makes with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and in its other SEC filings. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. The company undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250707482670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250707482670\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250707482670\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Whitney Moorman \u2013 Director, Global Communications<br \/>\n<br \/>317-810-3241<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Whitney.Moorman@allegion.com\">Whitney.Moorman@allegion.com<\/a><\/p>\n<p><b>Analyst Contact:<br \/>\n<br \/><\/b>Jobi Coyle \u2013 Director, Investor Relations<br \/>\n<br \/>317-810-3107<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jobi.Coyle@allegion.com\">Jobi.Coyle@allegion.com<\/a><\/p>\n<p>\nJosh Pokrzywinski \u2013 Vice President, Investor Relations<br \/>\n<br \/>463-210-8595<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Joshua.Pokrzywinski@allegion.com\">Joshua.Pokrzywinski@allegion.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North America United States Ireland United Kingdom Europe Indiana Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Security IOT (Internet of Things) Home Goods Manufacturing Retail Software Building Systems Interior Design Other Construction &amp; Property Architecture Residential Building &amp; Real Estate Consumer Electronics Technology Mobile\/Wireless Commercial Building &amp; Real Estate Construction &amp; Property Office Products Other Manufacturing Apps\/Applications<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250707482670\/en\/701756\/3\/ALLE_RGB_V.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Allegion Acquires Access Control Software Provider Gatewise DUBLIN&#8211;(BUSINESS WIRE)&#8211;Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired privately owned Gatewise Incorporated (Gatewise), a leading provider of smart access control solutions in the U.S. multifamily marketplace. Founded in 2017 and based in Houston, Texas, Gatewise is a software-as-a-service provider that offers a modern and retrofit-friendly gate entry system for multifamily communities. The Gatewise portfolio features a mobile app for residents and a cloud-based management portal for property managers. It is highly complementary to Allegion\u2019s electronic locks and Zentra multifamily access solution, bringing together expanded perimeter security with unit and common area security. \u201cThis acquisition strengthens Allegion\u2019s position as a leader in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Allegion Acquires Access Control Software Provider Gatewise&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-866826","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Allegion Acquires Access Control Software Provider Gatewise - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allegion Acquires Access Control Software Provider Gatewise - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Allegion Acquires Access Control Software Provider Gatewise DUBLIN&#8211;(BUSINESS WIRE)&#8211;Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired privately owned Gatewise Incorporated (Gatewise), a leading provider of smart access control solutions in the U.S. multifamily marketplace. Founded in 2017 and based in Houston, Texas, Gatewise is a software-as-a-service provider that offers a modern and retrofit-friendly gate entry system for multifamily communities. The Gatewise portfolio features a mobile app for residents and a cloud-based management portal for property managers. It is highly complementary to Allegion\u2019s electronic locks and Zentra multifamily access solution, bringing together expanded perimeter security with unit and common area security. \u201cThis acquisition strengthens Allegion\u2019s position as a leader in &hellip; Continue reading &quot;Allegion Acquires Access Control Software Provider Gatewise&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-07T12:33:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250707482670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegion-acquires-access-control-software-provider-gatewise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegion-acquires-access-control-software-provider-gatewise\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Allegion Acquires Access Control Software Provider Gatewise\",\"datePublished\":\"2025-07-07T12:33:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegion-acquires-access-control-software-provider-gatewise\\\/\"},\"wordCount\":883,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegion-acquires-access-control-software-provider-gatewise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250707482670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegion-acquires-access-control-software-provider-gatewise\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/allegion-acquires-access-control-software-provider-gatewise\\\/\",\"name\":\"Allegion Acquires Access Control Software Provider Gatewise - 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Founded in 2017 and based in Houston, Texas, Gatewise is a software-as-a-service provider that offers a modern and retrofit-friendly gate entry system for multifamily communities. The Gatewise portfolio features a mobile app for residents and a cloud-based management portal for property managers. It is highly complementary to Allegion\u2019s electronic locks and Zentra multifamily access solution, bringing together expanded perimeter security with unit and common area security. \u201cThis acquisition strengthens Allegion\u2019s position as a leader in &hellip; Continue reading \"Allegion Acquires Access Control Software Provider Gatewise\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-07T12:33:20+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250707482670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Allegion Acquires Access Control Software Provider Gatewise","datePublished":"2025-07-07T12:33:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/"},"wordCount":883,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250707482670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/allegion-acquires-access-control-software-provider-gatewise\/","name":"Allegion Acquires Access Control Software Provider Gatewise - 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