Announced
Completed
Financials
Tags
Friendly
Private
Domestic
Completed
United States
video surveillance systems
Security Equipment
Acquisition
Minority
Private Equity
Single Bidder
Synopsis
TruArc Partners, a private equity firm focused on the middle-market, completed the investment in Watchtower Security, a St. Louis-based provider of managed video surveillance and asset protection solutions to the multi-family housing industry. Financial terms were not disclosed. "TruArc is thrilled to welcome Watchtower into our portfolio. Asset protection continues to be an active investment theme that we have great conviction in. We believe that Watchtower's recurring business model and commitment to innovation and customer satisfaction aligns seamlessly with our investment framework," Brandon Kiss, TruArc Partner.
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