Announced
Financials
Tags
United States
video management
Private Equity
Friendly
Electrical Components
Majority
Completed
video security solutions
Acquisition
Private
Single Bidder
Synopsis
Transom Capital Group, an operations-focused middle market private equity firm, completed the acquisition of Pelco, a provider of video surveillance solutions, from Schneider Electric. Financial terms were not disclosed. Pelco is in the design, development, and manufacturing of predictive video security solutions including cameras, recording and management systems, software, and services. Pelco’s personal engagement with customers, resellers and technology partners drives the development and deployment of surveillance and security solutions with meaningful innovation. “As most security industry experts know, Pelco is one of the pioneers of the video surveillance space. The journey toward creating the next great breakthroughs in video security begins today through our investment in Pelco. We have conviction that the work done over the past several years to transform the Company into a digitally-savvy security leader with innovative hardware, software, and service solutions is nearly complete. We are excited to partner with management to grow the business for many years to come," Russ Roenick, Transom Capital Group Managing Partner.
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