The acquisition significantly expands product
offerings and supports Envera's strategic growth
TAMPA,
Fla., July 24, 2024 /PRNewswire/ -- Envera
Systems ("Envera" or the "Company"), a leading provider of
automated and software-enabled security systems, is acquiring
Applications by Design, Inc. (ABDi), a software development company
based in Boca Raton, Florida. The
acquisition aligns with Envera's assertive growth strategy while
expanding product options and security enhancement opportunities
for its customers.
"This partnership enables us to elevate and
broaden our products and solutions." - Dax
Brady-Sheehan, CEO at Envera.
ABDi specializes in highly configurable community
management software and access control systems for gated
communities, condominiums, high-rise apartments and country clubs
coast to coast.
"ABDi is an industry leader and has been developing impactful
software to support numerous communities throughout the country,"
said Dax Brady-Sheehan, CEO and
President at Envera. "This partnership enables us to elevate and
broaden our products and solutions, ultimately providing greater
value to our customers."
Founded in 1997, ABDi serves a nationwide client base of
hundreds of communities, supporting over 18,000 residents. Every
ABDi system is intended to support communities' wants and needs,
since these change frequently due to new priorities and
circumstances. ABDi offers numerous useful modules that can be
included in the initial installation or added in the future.
"Here at ABDi, we've always been committed to delivering
best-in-class software and solutions to our customers, and joining
with Envera is a natural fit to support our customers' business
needs," said Roy Nakdimon, owner and
CEO of ABDi. "This partnership gives our clients access to even
more security enhancements and services."
Envera remains committed to delivering robust solutions to
current communities while simultaneously exploring new avenues for
growth. By leveraging cutting-edge technology and strong
partnerships, the company enhances the security, safety and peace
of mind for an even greater number of communities, while bolstering
its reputation as a trusted leader in the industry. This is
Envera's first acquisition of 2024.
"Roy, Rinat and the broader ABDi team have built an
exceptional business with a differentiated value proposition," said
Wind Point Partners Vice President and Envera board member
Clayton Finley. "We're excited to
kick off this highly complementary partnership and look forward to
supporting the team as they continue to build Envera into a market
leading platform."
Envera Systems has offices in Coconut
Creek, Florida, and Sarasota,
Florida. The Company is accelerating growth in existing
markets and nationally while providing best-in-class security
solutions and support to customers.
About Envera Systems
Envera Systems, LLC, is a
leading provider of automated and software-enabled security,
visitor management, access control, and remote video monitoring
solutions for community associations. For more information, visit
www.enverasystems.com.
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SOURCE Envera Systems