Northleaf Capital and AVALT to acquire a majority stake in AMAROK.

Two private equity firms Northleaf Capital and AVALT agreed to acquire a majority stake in AMAROK, a manufacturer of perimeter security systems. Management team is retaining a minority interest. Financial terms were not disclosed. “We are excited by the opportunity to work with Northleaf and AVALT. We know they support our vision to be the leading perimeter security provider in North America. Our business is focused on providing solutions that protect our customers’ assets and inventory by stopping crime before it happens. Northleaf and AVALT are the right long-term partners to help us scale our business and increase the number of properties we secure," Mark Wesley, AMAROK CEO.