GTCR to acquire SimpliSafe from Hellman & Friedman.

GTCR, a private equity firm, agreed to acquire SimpliSafe, a smart home security systems provider, from Hellman & Friedman, a private equity firm. Financial terms were not disclosed. "From day one, SimpliSafe set out to transform the home security industry with a mission to keep every home secure, and today millions of people trust us to protect them and their loved ones 24/7. Over the past seven years, we have had the privilege of partnering with H&F to build upon our strong foundation and shape the future of the industry. Looking ahead, I am excited to partner with GTCR, Chad, and Eleanor to deliver even more advanced security to our customers and keep more people safe than ever before," Christian Cerda, SimpliSafe Chief Executive Officer.