ASSA ABLOY Agrees to Sell HID PKI Business to Vista Equity Partners
The unit had 2025 sales of $58 million and a strong operating margin. Closing is expected in Q4 2026, subject to customary conditions.
ASSA ABLOY has agreed to sell HID's PKI business unit to Vista Equity Partners. The unit generated sales of $58M in 2025 and had a strong operating margin. The deal is expected to close in Q4 2026, subject to customary conditions.