NICHOLASVILLE, Ky. — On June 28, 2023 Dominus Capital L.P. portfolio company Lockmasters Inc. acquired Allied Locksmith Supply. Allied is a distributor of approximately 9,000 automotive and commercial locksmith products consisting of automotive remote & transponder keys, locks and related products as well as residential key blanks and accessories.
In operation for over 40 years and based in Youngstown, Ohio, Allied has been successfully integrated into Lockmasters’ headquarters in Nicholasville.
Lockmasters is a leading provider of proprietary products, educational training and distribution of third-party combination locks, tools and hardware to the government and security professional industry. This acquisition marks the second add-on for Lockmasters under Dominus’ ownership.
“We are looking forward to carrying the torch on Allied’s core automotive remote and transponder keys distribution business as the 40-year family owners transition into retirement. Now that all operations are integrated into Lockmasters and the product offerings have been made available on our e-commerce platform, we will be able to focus on delivering the best possible technical sales and rapid order fulfilment that customers have come to expect at both Lockmasters and Allied.” said Joe McCormack, Lockmasters’ CEO.
Since 1955, Lockmasters has been providing the highest quality locks, tools, hardware & education to government and the security professional industry. It is the leading supplier of combination and safe deposit locks in the United States. It offers extensive product lines and educational training to a range of security professionals including: automotive, banking, commercial, government, industrial and safe.
Lockmasters is a distributor for the best lock and tool manufacturers in the country including: ASSA Abloy, Allegion, Bullseye, HPC, dormakaba, Kaba Mas, ILCO, S&G, and Advanced Diagnostics. It also is the manufacturer of a wide variety of tools and locks, including Magnum Drill Rigs, Tech-Train Automotive Tools and LockOne LKM10K High Security Life Safety Exit Devices.
We are currently located in Nicholasville, Kentucky and Annapolis Junction, Maryland. For more information, please visit www.lockmasters.com.
Lockmasters parent Dominus Capital is based in New York and focuses on management-led buyouts and growth capital investments, particularly in family and founder owned companies in the business services and light manufacturing sectors of the economy. Dominus Capital team members have executed more than 90 transactions over the past 20-plus years.
