Announced
Completed
Financials
Tags
Domestic
Majority
Friendly
United States
security technologies
Telecommunications Equipment
Acquisition
Private
Private Equity
Completed
Single Bidder
wireless communications
Synopsis
Siris, a private equity firm focused on investing and driving value creation in technology companies, completed the acquisition of BearCom, a North American solutions provider of wireless communications and security technologies, from Bertram Capital, a middle market private equity firm. Financial terms were not disclosed. "The completion of this transaction positions BearCom to enhance our offerings across sectors and help customers measurably improve safety, security and productivity in their businesses and communities. With Siris' resources and deep technological expertise on our side, we look forward to scaling our capabilities and pursuing new investment opportunities and acquisitions across key growth areas, including video security, private mobile networks, and event & industrial solutions," Les Fry, BearCom CEO.
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