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Synopsis
Hellman & Friedman invested in Simplisafe, a leading provider of home security. Financial terms were not disclosed. Chad Laurans, Founder and CEO of SimpliSafe, said: "Home security is at an inflection point. Despite the market’s growth, today still only 20% of homes are protected. With innovative technology, unparalleled service, and radically fair prices, SimpliSafe is rapidly making its vision of ‘every home secure’ a reality.”
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