ST. LOUIS, June 16, 2017 – AlarmForce Industries (“AlarmForce”) (TSE:AF) announced an agreement to sell its U.S. subscribers to Lancaster, PA headquartered Select Security. Total consideration for the transaction is US$11.6 million.
Graham Badun, CEO of AlarmForce said, “I believe that this is a great outcome for all involved as it moves these subscribers to a company who is well positioned to invest to grow that network in the many markets in which they operate. For the balance of our Canadian operations, this change allows us to focus our growth efforts in Canada where our brand is incredibly well recognized.”
The Edmonds Group served as financial adviser and Buchanan Ingersoll and Rooney served as legal advisor to AlarmForce. “The Edmonds Group was instrumental in helping us manage all aspects of the transaction,” said Badun “and Buchanan’s deep industry legal expertise was of great value.”
About AlarmForce Industries Inc.
AlarmForce provides security alarm monitoring, personal emergency response monitoring, video surveillance and related services to residential and commercial subscribers throughout Canada. More information on the company’s products and services can be found at www.alarmforce.com.
About Select Security
Headquartered in Lancaster PA, award winning Select Security is setting a higher standard for reliable security and outstanding customer service. Select Security provides home and business security, fire systems, home automation, video monitoring and access control. For more information see www.selectsecurity.com.
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, the PERS industry and related verticals. The Edmonds Group has closed over 55 transactions representing more than $3.5 billion in transaction value since its inception in 2004. For more information on The Edmonds Group, visit www.theedmondsgroup.com.
About Buchanan Ingersoll and Rooney PC
A nationally recognized firm, with more than 500 attorneys and government relations professionals in 17 offices, we provide a wide range of services in the areas of health care, financial services and banking, litigation, intellectual property, labor and employment, real estate, corporate and business law, tax, energy and government relations. Our security alarm group represents lenders, equity sponsors and security companies. To learn more visit www.bipc.com..
ST. LOUIS, September 12, 2016 – Eyewitness Surveillance (Eyewitness) announced today that LLR Partners has invested in its business to help build on existing momentum and support the company’s operations. The Edmonds Group acted as exclusive advisor to Eyewitness Surveillance on the transaction.
Located in the Baltimore metro area, Eyewitness provides remote interactive video surveillance solutions to mid-sized-to-large automotive dealerships, metal recycling yards and other fixed industrial facilities. Through its state-of-the-art monitoring command center, Eyewitness helps clients prevent theft, inventory damage and false claims, eliminating the need for onsite guard services.
“LLR is the right partner to help us move our business forward,” said Rush McCloy, CEO of Eyewitness. “The Edmonds Group was instrumental in architecting and driving the process.” R. T. Arnold, President of the company added, “Throughout the transaction, Edmonds provided us with the guidance we needed to accomplish a great outcome.”
“We’re pleased to partner with Eyewitness to help take the business to the next level,” Mike Levenberg, Vice President of LLR Partners. “The Edmonds Group was extremely helpful in working through the transaction details and setting us on the path toward growth opportunities.”
Capital One provided debt financing in support of this transaction. Buchanan Ingersoll & Rooney provided legal representation to Eyewitness.
About Eyewitness Surveillance
Since its founding in 2004, Eyewitness Surveillance has established itself as a leader in remote interactive monitoring, providing cutting-edge security and operational solutions for mid-size and large car dealerships, metal recycling yards and a variety of other fixed industrial facilities across the country. The key differentiator for Eyewitness is that its products and services extend beyond pure security into operations. Using sophisticated analytics, Eyewitness’ state-of-the-art cameras can capture data used to monitor customer foot traffic and employee behavior, improve customer responsiveness, drive sales and manage assets. For more information on Eyewitness and its services, please visit eyewitnesssurveillance.com. Also follow Eyewitness on Facebook, Twitter, and LinkedIn.
About LLR Partners
LLR Partners is a private equity firm investing in middle market growth companies. LLR invests in a broad range of industries, with an emphasis on software, technology-enabled services and healthcare. Founded in 1999 and with more than $2 billion raised across four funds, LLR is a flexible provider of capital for growth, recapitalizations and buyouts. For more information about LLR, visit llrpartners.com.
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, the PERS industry and related verticals. 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, visit theedmondsgroup.com.
ST. LOUIS, January 27, 2016 – World Wide Security of New York has completed the sale of its business to Novidam Capital LLC. The Edmonds Group acted as advisor to World Wide Security on the transaction.
“The Edmonds Group provided invaluable assistance in evaluating options and in negotiating and structuring the transaction,” stated Ken Mara, founder and former CEO of World Wide Security. As a result we achieved all our goals in the transaction.”
Headquartered in Garden City, NY, and founded in 1979, World Wide Security serves the life safety system needs of residential, commercial, industrial, healthcare and schools in the tristate New York metropolitan area.
Henry Edmonds, President of the Edmonds Group said, “Novidam recognized the exceptional value created over the last 36 years by the entrepreneurial management team at World Wide.” Alexander Schuil of Novidam is now CEO of World Wide. The company will continue to operate as before the change of ownership.
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. 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 World Wide Security
World Wide Security has been serving the needs of residential, commercial, industrial, healthcare and schools with security and life safety systems since 1979. World Wide and its divisions: GC Alarm, Telestat Security, Rainbow Protection and Dart Security provide customers in the tristate area with expert design and installation of security alarms, fire alarms, CCTV, perimeter security systems, home theatre, medical monitoring, sensor technology, cameras, video and audio. For more information on World Wide Security visit www.worldwidesecurityusa.com.
About Novidam Capital LLC
Novidam Capital is a private investment firm focused on acquiring and operating a privately held company with revenues from $10-30 million. For more information on Novidam Capital visit www.novidam.com.
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.
ST. LOUIS, March 13, 2015 – BrickHouse Security of New York has acquired the GPS tracking business of Cary, North Carolina based Securus, Inc.
The Edmonds Group, LLC acted as exclusive advisor to Securus, Inc. for the transaction. Tom Collopy, President of Securus, said, “The Edmonds Group played an important role in helping guide Securus in the sale of its two businesses. Throughout the process Henry Edmonds and his team helped us navigate a number of important and difficult issues and achieve win-win outcomes for all parties.”
The Edmonds Group also advised Securus on the sale last month of its PERS division to Freeus, LLC, a sister company of Ogden Utah based AvantGuard Monitoring Centers.
“We are pleased that Securus has been able to accomplish this step in their plan and believe the acquisition is an excellent fit for BrickHouse Security’s portfolio of product/service offerings,” said Henry Edmonds, President of The Edmonds Group.
With this acquisition, BrickHouse Security gains two existing GPS tracking businesses, Securus and Zoombak, a subsidiary previously acquired by Securus. “What this does is it takes the three largest direct-to-consumer GPS brands and rolls them up into one company, on one platform, with one set of infrastructure,” said Todd Morris, CEO of BrickHouse Security.
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 approximately 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 Securus, Inc.
Securus, Inc. (www.SecurusGPS.com) provided advanced mobile safety and security solutions through a network of regional and national dealers, retail outlets and PERS providers. In March 2015, its GPS business was acquired by BrickHouse Security and in February 2015 its PERS business was acquired by Freeus.
About BrickHouse Security
BrickHouse Security is a premier supplier of security, surveillance and technology solutions to individuals, businesses, government agencies and the law enforcement community. For more information on BrickHouse Security please visit www.brickhousesecurity.com