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‘Artificial intelligence has been part of our DNA’ – says Becklar’s Bailey

Monitoring

‘Artificial intelligence has been part of our DNA’ – says Becklar’s Bailey

January 17, 2025Ken Showers, Managing Editor

OGDEN, Utah — An investment by Graham Partners has led to a future full of possibility and opportunities, according to Becklar Enterprise Monitoring President Justin Bailey.  The announcement by Becklar in December 2024 called the investment “a significant step forward” for the 40+-year-old company that offers fire & security detection, critical event monitoring, live video intervention, remote guarding, personal emergency response systems (PERS), and lone-worker safety.  Security...

Artificial Intelligence (AI), Becklar, Graham Partners, investment, Justin Bailey


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AE Industrial Sells Altus Fire & Life Safety to Apax Funds

Commercial

AE Industrial Sells Altus Fire & Life Safety to Apax Funds

September 3, 2024SSN Staff

NEW YORK — Altus Fire & Life Safety (Altus) has announced that it has received a strategic investment from funds advised by Apax Partners LLP (“Apax”), a global private equity advisory firm. Financial terms of the transaction with AE Industrial Partners, a leading private equity firm specializing in national security, aerospace, and industrial services, were not disclosed. According to the company, Altus has grown rapidly in the past few years, both organically and via strategic...

Altus Fire and Life Safety, Apax Partners, Austen Dixon, investment, John Adams, private equity


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Also Noted

Charlesbank makes investment in Quorum Cyber

June 7, 2024SSN Staff

EDINBURGH, Scotland — Quorum Cyber, a global cybersecurity firm, announced that it has received a strategic growth investment from Charlesbank Capital Partners (“Charlesbank”), a private investment firm with offices in Boston and New York. Quorum said the new funding from Charlesbank will help them build on its success and accelerate its growth strategy, such as through talent recruitment and expanding its services to its global customer base. "I am thrilled that Charlesbank...

Charlesbank, Cybersecurity, Darren Battistoni, Federico Charosky, investment, Quorum Cyber


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Suppliers

Tyco invests in Qolsys

November 24, 2014Martha Entwistle

CORK, Ireland—Tyco International on Nov. 21 announced that it is making a strategic investment in Silicon Valley-based home automation solution provider Qolsys. Launched at ISC West in 2013, Qolsys is a relative newcomer to the security industry. “Qolsys has done some very interesting things,” David Grinstead, VP global sales for Tyco Security Products, told Security Systems News. He added that Tyco was drawn to Qolsys' “fresh, innovative approach to development.” Grinstead...

Chief Technology Officer (CTO), Daryl Fogal, Internet of Things (IoT), investment, Qolsys


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Commercial

FreightWatch raises $10m

July 26, 2010SSN Staff

AUSTIN, Texas—With an eye toward developing new technology and possible M&A activity, logistics security firm FreightWatch International announced this month a $10 million capital raise led by Bridge Investments, with help from Egis Capital and the Kroll family. This is the first equity raise in the company's 12 years, said CEO Barry Conlon, and though it remains difficult to raise funds in this economy, "we see cargo theft really on the rise. We're seeing a demand and more and more requests...

Bridge Investments, Egis Capital, financials, Freightwatch, funding round, investment, Kroll


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