Egis Portfolio Company ButterflyMX Acquires CloudKeyz, Uniting Complementary Property Access Technologies

Real estate technology leader enhances its property access platform by integrating four new technologies to improve building operations, NOI, and resident satisfaction

NEW YORK, May 18, 2022 (GLOBE NEWSWIRE) — ButterflyMX, the leading provider of access control technology for multifamily, commercial, gated communities, and student housing properties, today announced it has acquired cloud-based access control company, CloudKeyz. The acquisition includes CloudKeyz’s assets, team, and customers, which will now operate under the ButterflyMX brand. This deal further expands ButterflyMX’s footprint and adds four powerful new products to its award-winning access control platform, which is currently relied upon by more than 7,500 buildings and 750,000 apartments.

The combination of CloudKeyz and ButterflyMX technologies creates a simple unified access solution with a variety of options for multifamily and commercial property access, including IP security cameras; gate/garage controllers; amenity and common area access controls; and a suite of card readers, key fobs and Bluetooth-enabled access devices.

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Egis Portfolio Company Mission Critical Partners Announces Acquisition of RKV Technologies

The acquisition will boost MCP’s data integration, information technology, and project management offerings for public-sector organizations

State College, Pa. (March 22, 2022) — Mission Critical Partners (MCP) today announced the acquisition of RKV Technologies (RKV), a firm with expertise in providing managed services to government organizations. The RKV acquisition enhances MCP’s commitment to supporting public-sector clients with a comprehensive portfolio of innovative and vendor-independent services, with professional advisory and managed services including, but not limited to, data integration, network management, and cybersecurity.

“Talent shortages in the public sector are everywhere, particularly in technical positions. This comes at a time when government agencies are accelerating their pace of employing innovative technologies to transform their operations,” said Darrin Reilly, MCP president and chief executive officer. “The acquisition of RKV enhances our ability to help our clients continuously evolve while presenting new partnership opportunities for collaboratively filling the talent and skillset gaps.”

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Egis Portfolio Company Mission Critical Partners Acquires Secure Halo to Help Clients Navigate Cybersecurity Risks

Acquisition expands MCP’s portfolio of managed cybersecurity services and strengthens its capabilities

State College, Pa. (March 16, 2022) — Mission Critical Partners (MCP) has acquired Secure Halo, a leading cybersecurity firm that provides an all-encompassing approach to enterprise risk and managing cybersecurity for federal, state, and local government agencies and commercial entities. The acquisition greatly expands MCP’s portfolio of managed cybersecurity services, strengthens its talent and capabilities, and increases its capacity to secure mission-critical environments and provide operational resiliency.

Secure Halo supports mission-critical federal agencies, including the Department of Defense (DOD), to reduce cybersecurity vulnerabilities across the enterprise, including their networks and supply chains. Clients leverage the firm’s analytical and operational expertise to mitigate risk to operations and information systems from hybrid commercial and hostile threats. The recipient of eight cybersecurity awards, Fortune 500 technology firms trust Secure Halo to implement third-party risk management programs, increase their posture against insider threats, and improve their cybersecurity hygiene.

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Egis Portfolio Company ButterflyMX Secures $50 Million in Series D Funding

NEW YORK, Dec. 7, 2021 /PRNewswire/ — ButterflyMX, creator of smart video intercoms, package rooms, keypads, elevator controls, key lockers, and other access control technology for multifamily, commercial, and student housing properties, today announced the closing of a $50 million growth equity round led by JMI Equity, with participation from Volition Capital, Egis Capital, and RiverPark Ventures. This latest round of funding will allow ButterflyMX to provide the real estate industry with its first-ever unified property access solution, designed to streamline building operations and enhance the resident experience.

Robert Chefitz, ButterflyMX board member and managing partner at Egis Capital, continued his Series C investment recognizing that property security is now more important than ever.

“With all of the delivery people and service providers that now need to access buildings, security has never been more important,” explained Chefitz. “ButterflyMX’s new unified access control platform is the perfect solution to manage the flow of people and packages into a property while improving security and maintaining peace of mind.”

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Egis Portfolio Company Brivo to Become Publicly Traded Company Through Merger with Crown Proptech Acquisitions

BETHESDA, MD. and NEW YORK (November 10, 2021)

Brivo, Inc., the global leader in cloud-based access control and smart building technologies, and Crown PropTech Acquisitions (NYSE: CPTK) (“Crown”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Brivo becoming a publicly listed company. The transaction values the company at a pro forma enterprise value of $808 million. Upon closing, the combined company will operate as Brivo, and its Class A common stock is expected to be listed under the ticker symbol “BRVS.” This strategic business combination will enable Brivo to leverage Crown’s experience and relationships as an owner and operator of commercial real estate to accelerate market expansion.

Since its founding in 1999, Brivo has pioneered and defined the cloud-base access control category. Brivo’s leadership was instrumental in transforming the security industry, which at the time was dominated by on-premise client-server technology, and has achieved remarkable growth with the innovative cloud-based hardware and software solutions it began rolling out in 2002. Today, Brivo builds and sells Software-as-a-Service-based (SaaS) building access management services and innovative connected devices to enterprises and property owners through over 1,500 channel partners. These partners provide local sales, service and installation across all classes of commercial real estate including office, industrial, multifamily and retail properties. As it continues to scale, Brivo expects to benefit from the dramatic increase in smart space adoption driven by the PropTech boom, the growing customer preference for cloud-based services, the new normal in safety and health, and a shift in security integrator channel sentiment – which has swung from 20% to 75% in favor of the cloud over the last five years.

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Egis Capital Announces Successful Exit of ACRE, a Global Provider of Access Control Security Systems

SUMMIT, N.J., March 19, 2021 /PRNewswire/ — Egis Capital Partners (“Egis”) is pleased to announce that it recently realized its equity investment in ACRE, LLC (“ACRE” or “the Company”), a global leader in the delivery of security systems for access control, security video networking and commercial intrusion systems. The software and solutions provided by ACRE’s family of companies (Vanderbilt, Open Options, RS2 Technologies, ComNet and Razberi) help secure the highest valued assets of large and small customers operating in the private and public sectors.

The partnership with ACRE and Joseph Grillo, ACRE’s CEO and Egis Industry Advisory Board member was initiated in 2013, and since that time, the Company has completed eight acquisitions and had a very profitable sale of its Mercury division in 2017.  Egis works with security industry management teams to identify opportunities for investment in the Security and Protection industry. During Egis’s hold period, ACRE became one of the largest independent providers of access control and electronic security solutions in North America and Europe.

“When I founded ACRE, I knew Robert Chefitz and Egis Capital would be a trusted partner that had deep expertise in the Security Industry, a proven track-record of success, and the vision to see the opportunity ahead for ACRE,” said ACRE CEO Joseph Grillo. “Robert was our first investor to commit and through his personal relationships with LLR we were able to build out the capital structure.  Since our initial acquisition, Robert has been instrumental in supporting our ongoing efforts to make add-on acquisitions that broadened our geography and technology.”

Robert Chefitz, Egis Founder and Managing Partner, stated, “Joe Grillo has done an excellent job in building his team and delivering an outstanding result for shareholders.  ACRE has continuously been able to attract and acquire interesting brands in the security space. Joe and his team have been brilliant in integrating these companies into a very profitable business.”

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Egis Portfolio Company MCP Acquires MTG, Boosting Its Capabilities for the Justice and Public Safety Sectors

Acquisition furthers MCP’s opportunities to help agencies integrate complex systems and data, and to build workflows that break down silos

Mission Critical Partners (MCP) today announced the acquisition of MTG Management Consultants (MTG), a Seattle-based firm that provides strategy and management services to local, county and state government entities. The acquisition further strengthens MCP’s credentials as the leading provider of consulting services—as well as data-integration, network and cybersecurity solutions—for public safety and justice sector clients to enhance their technologies and operations.

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Egis Portfolio Company ACRE Boosts Portfolio With Razberi Technologies Acquisition

ACRE, a global provider of security systems, announced the acquisition of Razberi Technologies. Razberi, founded in 2011, has developed a portfolio of products that enable enterprises to deploy video surveillance systems.

This purchase for undisclosed terms will enhance ACRE’s strategic expansion plans for strengthening its video and communications business and product portfolio.

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PSA ADAPT State of Industry Panel Joined By Bill Polk of Egis Capital Partners

The virtual session featured PSA CEO Bill Bozeman and President Ric McCullough, joined by NSCA’s Chuck Wilson and Bill Polk of EGIS Capital Partners.

ADAPT 2020, a managerial conference for PSA owner and member company employees, was hosted virtually Oct. 6-8 following cancellation of the in-person event, which was originally scheduled to be held in Hilton Head Island, S.C.

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ButterflyMX Receives Growth Capital Funding from Egis

ButterflyMX, creator of the smart intercom, a secure and convenient smartphone-based technology that is changing the way residents and tenants access their buildings, today announced the closing of a $35M growth equity round. This latest round was led by Volition Capital, with participation from Egis Capital, RiverPark Ventures and Stifel Venture Bank. The round will enable ButterflyMX to expand into new markets and introduce new products that extend its award-winning smart intercom access experience from the front door to the rest of the building.

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