Announced
Completed
Financials
Tags
Software
monitoring software
Acquisition
Friendly
Single Bidder
Private Equity
Domestic
United States
Private
Completed
Majority
Synopsis
The Riverside Company-backed LMG Holdings, a provider of ignition interlock devices, completed the acquisition of Alcohol Monitoring Systems, a provider of technology-enabled monitoring solutions. Financial terms were not disclosed. “We are excited to combine these complementary, industry-leading platforms. Through the combination of LifeSafer and SCRAM Systems, we now offer a comprehensive suite of alcohol and related monitoring services for our valued customers and judicial system partners," Sean Ozbolt, Riverside Managing Partner.
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