ST. LOUIS (June 11, 2010) – During the recent years of capital markets turmoil, The Edmonds Group has helped a number of clients close bulk sales of alarm accounts with a variety of different purchasers. “Our experience shows that there is good liquidity for alarm accounts in spite of the overall economic downturn,” said Henry Edmonds, President of The Edmonds Group (“TEG”). “The buyers are sophisticated and selective, but there are still deals to be done for sellers who are well-prepared.”
In nine separate transactions, TEG’s clients sucessfully sold alarm accounts to five different purchasers. The value of the accounts sold in the last eighteen months exceeded $115 million; the value of the the transactions in the last thirty months exceeded $200 million. According to Jared Hallows, COO of Platinum Protection, “Edmonds’ experience with the different buyers and his advocacy was invaluable to our organization as we found the best partners, negotiated terms, and managed the many details of account sales to buyers with different requirements.”
“In working with our clients, we found that regional purchasers are very competitive with the national players when it comes to buying alarm accounts,” said Barbara Bosch, Vice President at The Edmonds Group. “Because the regional players are focused on accounts in their specific geographic footprint, if you can meet their purchase criteria, they are often an excellent alternative.”
The Edmonds Group is a specialized investment bank focused on recurring revenue industries with a particular emphasis on the security alarm industry. TEG has closed transactions valued at over $1.6 billion since its inception in 2004. TEG assists clients in raising debt and/or equity, buying or selling businesses or business assets, identifying potential investments or recapitalizing their business.
Henry Edmonds, founder and President of TEG, was the co-founder and CEO of SLP Capital, the leading specialty lender to the alarm industry at the time of its sale in 2004. Edmonds has extensive experience in middle market financing, investment banking and consulting. In addition to SLP, Edmonds spent four years as an investment banker with PaineWebber in New York, closing over $2 billion in transactions. Edmonds has an MBA from Harvard Business School and a BS, with distinction, in civil engineering from the University of Virginia. For more information visit www.theedmondsgroup.com .Tags: Alarm Accounts, Alarm Industry, The Edmonds Group
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