DELIVERING INTEGRATED, INTELLIGENT NETWORKING AND SECURITY SOLUTIONS

Joseph Grillo is a 30 year veteran of the electronic security and identification industries with a track record of successfully growing, acquiring and restructuring businesses. In 2012 Mr. Grillo founded ACRE, LLC as a platform to consolidate acquisitions in the electronic security industry. In September of 2012, ACRE successfully acquired the Software and Controllers product portfolio from Ingersoll Rand’s security business (now Allegion) and renamed it Vanderbilt Industries. In May 2013 ACRE completed the acquisition of Mercury Security, and in June 2015 purchased the former Security Products Division of Siemens AG. This was followed in 2016 by the acquisitions of ACT in Dublin, Ireland and ComNet in Danbury, Connecticut. Mr. Grillo was known for his long term association with HID, serving as National Sales Manager in the early 1990’s, then participating in a management buyout of the business in 1995 from Hughes Aircraft/General Motors. He became VP of Sales and Marketing, then COO and eventually President of the company as HID grew from a $15M card and reader company to a dominant $100M+ industry leader by 2000. He successfully led the effort to sell HID To Assa Abloy in 2001. From 2001 to 2007 Mr. Grillo was promoted several times at Assa Abloy, eventually running its $750M Global Technology Division which included HID, the Hospitality business and Besam Automatic Doors; he retired from the company in 2007. Mr. Grillo graduated from the University of Connecticut with a Bachelor’s Degree in Finance. He served as President and Board Member of the Security Industry Association (SIA) from 1998-2007.

Ronald Virden serves as ACRE’s Chief Operating Officer, responsible for daily ACRE operations as well as the management of process improvements and the continued integration of ACRE-owned brands, including Vanderbilt and ComNet. Virden is a seasoned global executive who has extensive experience with Fortune 50 organizations. He most recently served as President and Managing Director for Global Security Products, Americas/Global Access Solutions at UTC, encompassing UTC’s Interlogix and GE Security brands, as well as Supra, Onity and Lenel. Prior to that, Virden was President and Managing Director of GE Industrial Systems, GE Security/Supra, where he more than doubled international revenue and drove the strategic development of products to address specific market needs globally. Ron holds an MBA from the University of Phoenix.

Parke Hess is a Member of ACRE, LLC and serves as its Chief Financial Officer. He also serves on the ACRE, LLC board. Mr. Hess has been involved in the electronic security industry since 1995, as CFO of the management buyout that resulted in the founding of HID Corporation.  He has been COO and CFO of several public and private corporations, involved with venture capital and IPO funding, corporate restructuring, and numerous international and domestic buy and sell transactions. Parke graduated magna cum laude with a Bachelor of Science degree from the US Air Force Academy and has an MBA from Stanford Graduate School of Business at Stanford University.

Ms. Sawdon joined ACRE in 2016 as Chief Accounting Officer and also serves as Chief Financial Officer of ACRE Operating Group. Coreen is a Certified Public Accountant who spent 13 years in public accounting with E & Y, Coopers & Lybrand and Arthur Andersen before launching out into private industry where she became CFO of CG Technology, formerly known as Cantor Gaming, and CFO of Shuffle Master, Inc., a $200m NASDAQ company with operations throughout North America, Europe and Asia. In addition to being a catalyst for improving profitability and growth, she has extensive experience in leading IPOs, secondary offerings, debt refinancing and as an expert in establishing Sarbanes Oxley infrastructure and compliance systems. Coreen has a Bachelors of Science degree in Accounting from Pepperdine University and is a Chartered Global Management Accountant, in addition to being a member of the American Institute of Certified Public Accountants.

With more than 25 years of security industry senior management experience, Kim Loy has achieved significant success within a wide variety of global enterprises. As Chief Product Officer for ACRE, Kim is responsible for oversight of the company’s brands, strategic product planning and cybersecurity strategy.  In addition, Kim provides direction for messaging strategy and communications development. Prior to her role at ACRE, she served as the Director of Technology and Communications for Vanderbilt International in Dublin, Ireland, where she managed the global R&D, Product Management and Marketing Communications teams and developed technology partnerships to increase the company’s reach. Loy has held senior positions with GE Security, G4S, Xtralis and Pelco by Schneider Electric. All of these global positions have provided Loy with extensive international experience including time living in England, France, Belgium and Ireland. The positions have encompassed the management of various departments including R&D, Product Management, Training, Marketing Communications and Operations. Kim also serves on the Security Industry Association Board of Directors.