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Cennox Acquires Leading Safe Manufacturing and Service Company, FireKing Safety and Security
ATLANTA, GA – December 1, 2021 – Cennox (the “Company”), a portfolio company of York Capital Management’s private equity group (“York Private Equity”), today announced the acquisition of FireKing Safety and Security (“FireKing”), a leading U.S.-based financial safe and services business previously owned by Pfingsten Partners, L.L.C. The deal enables Cennox to enter the traditional and smart safe manufacturing business, and further expands its deployment and maintenance services across FireKing’s 1,000+ customers.
Read MoreFireKing Announces New Ascent Platform Launch
FireKing Security Group announced the launch of the Ascent platform of cash management devices.
FireKing Awarded Patent for Centrally Controlled Safe Management System
FireKing Security Group was recently awarded a patent for its "Centrally Controlled Safe Management System." The patent relates to a safe management and transaction tracking system providing individual retail locations with the ability to continuously exchange device health and cash transaction information with a central, cloud-based repository of data accessible by the entire company.
FireKing Security Group Announces 1000th Summit Unit Shipped
FireKing Security Group announced today the shipment of the 1000th unit of the Summit Series of Cash Validating Safes. Since its general market release in 2014, the Summit series of cash management safes remains the most innovative cloud-based cash management systems in the market today.
4 Points of Cash Control
A host of new devices and reporting technologies are giving retailers greater control of cash handling. We asked John Rhoads, VP of product and channel development at FireKing, to share some of the latest advancements with us.
Safe Deposit
Traditional cash management processes at convenience stores can be serious security nightmares, but smarter safes and improved provider tactics are ushering in safer and more efficient alternatives across the country.
Guarding Greenbacks
Quick transactions involving large amounts of currency can inevitably lead to challenges, and they remain a top concern among retailers everywhere. However, smart safes can provide an incredibly effective and practical solution.