McDermott Represents Affiliates of Robert Bosch GmbH in its Acquisition of Paladin Technologies Inc.
International law firm McDermott Will & Emery represented affiliates of Robert Bosch GmbH (Bosch), a leading global supplier of technology and services, in its acquisition of Paladin Technologies Inc. (Paladin), a leading provider of security and life safety solutions and system integration services in North America. Paladin employs around 1,500 associates across 35 locations in Canada and the US with projected 2023 sales approaching $400 million USD.
This purchase complements Bosch’s 2015 acquisition of Climatec and will allow Bosch to expand its system integration business by entering the Canadian market and increasing its US operations. Bosch Building Technologies is part of Bosch’s Energy and Building Technology business sector and reports strong growth with its energy- and cost-efficient commercial building and services portfolio. The business sector including Bosch Building Technologies grew 17.4% in 2022.
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