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New Deal


Announced

Completed

Siris completed the acquisition of BearCom from Bertram Capital.

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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Domestic

Majority

Friendly

United States

security technologies

Telecommunications Equipment

Acquisition

Private

Private Equity

Completed

Single Bidder

wireless communications

Synopsis

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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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