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.
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