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New Deal


Announced

Gemspring Capital-backed Security 101 completed the acquisition of Advance Security Integration.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Domestic

Private Equity

Completed

Friendly

Single Bidder

security services

Security Services

Majority

Private

Synopsis

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Gemspring Capital-backed Security 101, a security services provider, completed the acquisition of Advance Security Integration, a security services provider. Financial terms were not disclosed. "Jerry Brocki and the entire team at ASI have long demonstrated their dedication to excellence and the Security 101 brand. Their stellar reputation in the New England market is hard earned, well deserved and unquestioned. Under Jerry's leadership, ASI has always showcased a strong alignment with our core values and commitment to providing a world-class customer experience. We couldn't be more thrilled to bring such a great team further into the fold," Greg Daly, Security 101 CEO.

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