DTT Acquires EZUniverse
BOSTON and LOS ANGELES—DTT, a provider of intelligent video-based surveillance and loss prevention services based here, recently announced the acquisition of substantially all assets of EZUniverse, including 360iQ, a data analytics and video surveillance platform. EZUniverse CEO Leszek James was named president of the EZUniverse business at DTT.
DTT is also taking on the company’s approximately 70 employees, including the entire senior leadership team, bringing DTT’s total employee count to more than 400.
“360iQ is a fantastic technology platform with 50 different application developers working on it,” DTT CEO Mike Coffey told Security Systems News. “It has about 7,000 sites running on the platform today, so it gives us some scale and brings our site count to more than 43,000 today, while giving us a presence in Europe.”
He continued, “When combined with MyDTT, and our loss prevention services, DTT has a truly unique and comprehensive offering, enabling our customers to increase their operational efficiency, while integrated with intelligent video.”
EZUniverse is a technology company focused on building and implementing turn-key business management systems that use advanced analytics and video surveillance to empower companies to improve operations. EZUniverse provides a single view of any enterprise, allowing its clients to use technology and management support services to quantify, measure, and act on issues in real time, anytime, anywhere.
“EZUniverse is thrilled to become part of the growing DTT family,” James said in the announcement. “We are excited to continue developing our exceptional operational tool with DTT and to expand our combined customer base. One of the driving factors of the acquisition was the alignment that the teams at DTT and EZUniverse felt for each other. We now have a unique group of people dedicated to helping the restaurant, quick service, and retail markets run better stores.”
When combined with the LPI deal earlier this year, the EZUniverse buy gives DTT “a unique set of offerings,” said Coffey, who noted that the two acquisitions have been very important to the growth of the company this year.
“We are focused on organic growth as our most important value driver, but we look at M&A as a way to essentially accelerate that,” Coffey explained. “M&A is an important tool to help get into new markets, to get new products and services, and in our case, it has helped us do both: It has brought an incredible set of retail customers to us with 15,000 retail locations that we didn’t have when we started the year, and an incredible base of products and services around technology and big data analytics that we didn’t have at the beginning part of the year.”
Sam Naficy, the founder and chairman of DTT, added in a prepared statement, “Our organic growth, combined with using M&A to enhance our platform, is creating unparalleled value.”
Some of DTT’s higher profile clients include McDonald’s, Subway, Dairy Queen, Burger King, Arby’s, Taco Bell, and Auntie Anne’s.
DTiQ offers state-of-the-art video surveillance to improve loss prevention and operational excellence efforts for restaurants, retail, and convenience store locations. With over 20 years of experience, DTiQ successfully enhances over 8 million consumer experiences daily while protecting trillions of dollars in assets. DTiQ works with 45,000-plus locations, including brands such as Adidas, Burger King, Dairy Queen, Hard Rock Café, McDonald’s, Pandora, Subway, Swarovski, Taco Bell, Vineyard Vines and Yankee Candle. For more information, visit www.dtiq.com.