ST. LOUIS, March 31, 2015 – Imperial Capital Group of Toronto, together with its partner OPTrust Private Markets Group, has completed an investment in Ackerman Security Systems. The Edmonds Group acted as exclusive advisor to Imperial and OPTrust in the transaction.
“The Edmonds Group played a key role for us in evaluating and negotiating the transaction,” stated Glen Silvestri, the lead Partner from Imperial Capital on the transaction. “The Edmonds Group also ran our debt process and helped us design and achieve our preferred debt package on favorable terms.”
Headquartered in Atlanta, Georgia, and founded in 1976, Ackerman is a leading provider of security system installation, servicing, and monitoring. Ackerman’s track record of outstanding customer service and exceptional operational efficiency, combined with a unique value proposition, has allowed it to become one of the fastest growing companies in the industry.
Henry Edmonds, President of the Edmonds Group said, “The management team at Ackerman has created a very strong business. Imperial and OPTrust are value added investors. The combination will be very powerful.”
About The Edmonds Group, LLC
The Edmonds Group is a specialized investment bank focused on recurring revenue businesses with a particular emphasis on the security alarm industry, the PERS industry, and related verticals such as video and GPS. The Edmonds Group has closed over 50 transactions representing more than $3 billion in transaction value since its inception in 2004. For more information on The Edmonds Group, please visit www.theedmondsgroup.com.
About Imperial Capital Group Ltd.
Imperial Capital is a Toronto-based private equity fund manager that focuses on buy-out opportunities in the Canadian and American mid-market. Currently investing from its fifth fund with commitments of $295 million, Imperial Capital invests in targeted industry niches in the healthcare, branded consumer products, and business services industries with revenue between $20 million and $200 million. For further information on Imperial Capital, please visit www.imperialcap.com.
With assets of $16 billion, the OPSEU Pension Trust (OPTrust) invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with almost 84,000 members and retirees. OPTrust’s Private Markets Group was launched in 2006 to build diversified private equity and infrastructure portfolios that will eventually account for 30% of the Plan’s total assets. For further information on OPTrust Private Markets Group, please visit www.optrust.com/investments/private-markets.asp.
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