Tag: Pamlico Capital
VRI makes PERS acquisition
July 20, 2017Spencer Ives
FRANKLIN, Ohio—VRI, a large PERS provider based here, recently purchased Healthcom, a healthcare technology provider based in Sullivan, Ill. VRI announced the partnership at the end of June.“We think the companies can grow more quickly together. There's opportunities to collaborate across the market segments,” Chris Hendriksen, CEO at VRI, told Security Systems News. “Secondly, we bring a little bit more scale and we have our own monitoring center, and so it allows us to do...
Will Securadyne be the next Convergint?
January 8, 2014Martha Entwistle
Will Securadyne be the next Convergint?
That's a possibility, according to Bill Bozeman, CEO of PSA Security. Bozeman has experience building a systems integration firm and knows both of the players in the Securadyne/Intelligent Access Systems deal that was announced yesterday.
In case you missed it, Securadyne, a start-up integrator founded by Carey Boethel and Pamlico Capital in early 2012, yesterday announced that it has acquired Ron Oetjen's company, Intelligent Access Systems, one of the most...
Securadyne acquires Advanced Control Concepts
September 4, 2013Martha Entwistle
CARROLLTON, Texas—Securadyne, a startup independent integrator with national ambitions, today announced the acquisition of Advanced Control Concepts, an integration firm based in Pensacola, Fla.“As we go about executing our growth strategy and building out our footprint in the Eastern U.S., this is a critical market for us to be in,” Securadyne CEO and President Carey Boethel told Security Systems News. It also will provide “a platform for growth in the Southeast … [and...
Following the money: Schmidt, Barnes and Christhilf talk deals, valuations and taxes
December 12, 2012Martha Entwistle
YARMOUTH, Maine—A number of big deals happened in 2012: the split-up of Tyco, the acquisition of Vivint and the creation of Securadyne, to name a few. As the end of the year approached, Security Systems News conducted a virtual roundtable with industry experts about the deals that went down and those that did not. How did valuations compare to 2011, and were buyers' and sellers' expectations matching up?Weighing in on these topics were Will Schmidt, managing director of CapitalSource; Michael...
Securadyne acquires platform for growth in Northeast
September 5, 2012Martha Entwistle
DALLAS—Securadyne Systems, a new systems integration company launched in February by industry veterans Ken Francis and Carey Boethel, now has a platform for growth in the Northeast with the acquisition of Surveillance Specialties (SURV).“After the acquisition of SURV, the pro forma revenue [of Securadyne] will sit at about $35 million,” Boethel, Securadyne president and CEO, told Security Systems News.Three features attracted Securadyne and Pamlico Capital, Securadyne's financial...
Former Siemens & GE execs found Securadyne, acquire SecureNet as platform for growth
March 1, 2012Martha Entwistle
DALLAS—Carey Boethel and Ken Francis, two well-known industry veterans, announced this morning that they've founded a new systems integration firm called Securadyne Systems, and acquired SecureNet, a Dallas-based security integrator, as a platform for growth.With backing from Pamlico Capital, the phase-one strategy for Securadyne is “to build a Southeast regional company over the next two years. Phase two would be to achieve a national footprint,” Francis told Security Systems...