Kansas Investment Firm Acquires Security Control Systems
SCS is a full-service provider of integrated security management systems specializing in complex electronic control systems.
SCS is a full-service provider of integrated security management systems specializing in complex electronic control systems.
PSSI, with revenues exceeding $16 million and 35 employees, is a leading provider of access control, digital video, optical turnstiles and intercom systems.
Terms of the transaction were not disclosed. The acquisition, representing about 1,500 Sonitrol customer accounts, officially closed July 6.
The rebranding follows a recapitalization by Arena Investors, which also acquired a majority stake in the smart home security provider.
Becklar CEO Josh Garner will retain a sizeable equity stake in the company following the transaction with BV Investment Partners.
CI Capital Partners, with approximately $1.3 billion in assets under management, is partnering with Paul Winnowski to consolidate the two growing industries.
Founded in 1990 by Eric Schaeffer and three partners, Advantech is a full-service security integration company serving a wide range of vertical markets.
The acquisition of ABC Fire Extinguisher is CertaSite’s second in Ohio, following the 2018 purchase of County Fire Protection.
The transaction was in the works since last year and getting to this point required Wesco to fight off a private equity firm that wanted to buy Anixter.
The company will take ownership of the residential contracts at closing through an earnout structure that includes a $15 million upfront payment.