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SimpliSafe now backed by PE firm Hellman & Friedman

July 3, 2018SSN Staff

BOSTON—SimpliSafe, a provider of DIY installed home security systems, on June 29 announced an investment from private equity firm Hellman & Friedman to accelerate SimpliSafe's growth and expansion of the home security market. Terms of the transaction were not announced.“Home security is at an inflection point. Despite the market's growth, today still only 20% of homes are protected. With innovative technology, unparalleled service, and radically fair prices, SimpliSafe is rapidly making...

Chad Laurans, Hellman & Friedman, SimpliSafe