SDM Magazine: ACRE’s Joe Grillo Discusses the Recent Acquisition of Open Options

To gain more insight on ACRE’s recent Open Options acquisition, SDM spoke with ACRE’s CEO, Joseph Grillo, about the company’s expansion and its plans for the future.

SDM: This is the first acquisition that ACRE has carried out since 2016. Why did right now feel like a good time?

Grillo: I don’t think it’s the now, we’ve just always been inquisitive and it’s just a question of the timing. We’re not a huge company, we’re not UTC, we’re not Honeywell, so we don’t have a merger and acquisition department. But we’ve always been inquisitive; we’re out in the marketplace talking to people all the time, and talking to people about what opportunities there might be.

Want to learn more about ACRE’s plans? Read the full interview here.