Announced
Financials
Tags
Friendly
Private
Merger
Majority
Domestic
Single Bidder
United States
Acquisition
Private Equity
video surveillance systems
Security Equipment
Pending
Synopsis
Stealth Monitoring, a video surveillance provider, agreed to merge with Eyewitness Surveillance, a security system supplier in Severn, Maryland. The company will continue to be owned by its existing investors: Twin Point Capital, LLR Partners and Auxo Management. Financial terms were not disclosed. "The merger with Stealth will make us stronger and even more competitive. The addition of Stealth's significant resources will add to our geographic reach, operational capabilities, product mix, and industry expertise, allowing us to better serve our customers," Rush McCloy, Eyewitness Surveillance CEO.
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