Cornerstone Detention to Acquire Norment

Cornerstone Detention Products announced on April 9 that it has signed an agreement to acquire the Norment Security Group from The Gores Group, a Los Angeles‐based investment firm. Financial terms of the transaction have not yet been disclosed.

Exclusive with Charles Veniez

By Torrey Sims
Charles Veniez may be the new kid on the block when it comes to the correctional industry, but he is already showing tremendous leadership as the new president and chief executive officer (CEO) for Montgomery, Ala.-based Norment Security Group, a part of the Gores Group portfolio of companies.

Norment Security Group Celebrates 60 Years

Norment Security Group, a detention systems products and services provider and part of the Gores Group, celebrated the 60th anniversary of its founding.

Norment Acquires Engineered Control Systems

Detention equipment contractor Norment Security Group continued its recent strategy for expanding market presence with the acquisition of security and life safety electronics manufacturer and integrator Engineered Control Systems.

Norshield Splits from Norment Security

Norshield Security Products separated from affiliates Norment Security Group and Fiber Sensys after Norshield leadership engineered a management buy-out from parent company Compudyne.