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Orlando-based maker of electronic in-room hotel safes sold to hotel brands, cruise lines and hospitality operators.
Established in 1983 and headquartered in Orlando, US, Safemark Systems, LP makes electronic in-room safes, including drawer, wall-mounted and freestanding models with user-programmable codes and audit trails. Clients include hotel brands, cruise lines and hospitality management companies in North America, Europe and Asia. Revenue comes from B2B sales and its Revenue Share Program. CTM Group Inc. and Assa Abloy AB acquired the company in an add-on trade sale for USD 180.000 mn on February 28, 2023.
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