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HighBar-backed Signpost completed the acquisition of Securus Contact Systems from PennSpring Capital.

Synopsis

HighBar-backed Signpost, a marketing and communications software solutions provider, completed the acquisition of Securus Contact Systems, an innovative live chat and receptionist service platform, from PennSpring Capital, a private equity firm. Financial terms were not disclosed. "The acquisition of Securus immediately solves a need for our core clients. Today’s consumers expect immediate responses, but business owners tell us that they are often stressed for time and capacity when it comes to responding to prospect and customer inquiries. Securus provides a complementary offering that creates a best-in-class solution to generate enhanced process efficiencies and facilitate a superior high-touch model for our end customers," George Bilbrey, Signpost CEO.

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