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Truelink Capital buys Johnson Controls' intrusion products arm

The carve-out of the DSC, Qolsys and Visonic brands is Truelink's second deal with Johnson Controls in two years.

M&A News deals deskIndustrials / Security products · United States, Americas26 Oct 2026

Truelink Capital, a Los Angeles-based private equity firm, has agreed to acquire Johnson Controls' global intrusion products business, it said on 26 October 2026. Terms were not disclosed.

Why Truelink Capital is buying Johnson Controls' global intrusion products business (DSC, Qolsys, PowerG, Visonic, Bentel, Sur-Gard)

Truelink said the business will become an independent company and that it plans to invest in research and development, engineering and expanded channel programmes, and to extend into adjacent product categories and customer segments.

“I want to thank Johnson Controls for being an outstanding transaction partner and for entrusting us with this business.”Todd Golditch, Co-Founder and Managing Partner, Truelink Capital

Deal terms and financing

The definitive agreement covers the intrusion detection and alarm communication business, including the DSC, Qolsys, PowerG, Visonic, Bentel and Sur-Gard brands, which serves customers in North America, Latin America, EMEA and Asia-Pacific. Evercore advised Truelink.

Regulatory approvals and timing

Completion is subject to customary closing conditions and regulatory approvals and is expected in the first half of calendar 2027.

Market context

The business traces its roots to 1973 and joined Johnson Controls through the 2016 merger with Tyco. Johnson Controls has been refocusing on building solutions; Truelink bought its Air Distribution Technologies business in 2024. The deal is the fourth platform investment for Truelink Capital Fund II.

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