SUMMIT, N.J., Sept. 16, 2020 /PRNewswire/ — Egis Capital Partners is pleased to announce the successful closing of its third fund. The Firm’s investment strategy is to make acquisitions and growth equity investments in the security and protection industry. Egis was founded in 2008 and is uniquely focused on companies that protect people, assets and data.
With Fund III, Egis has expanded its investor base which includes industry executives that are leaders in the security and protection industry. Founder and Managing Partner Robert Chefitz stated, “Current events have demonstrated the enduring demand for solutions that can mitigate risk in whatever form it takes”. Fund III closed early this year and currently has three investments. Fund III has more than tripled in size from Fund II and doubled its team. Egis is focused on middle market late stage growth equity investments and buyouts of technology-enabled product and services businesses.
The Firm plans to continue executing on its strategy of investing in technology driven companies with enterprise values ranging between $30 million and $200 million that require a total equity investment between $10 million and $80 million. Egis has made investments in categories including access control, public safety, smart home, IoT building solutions, global risk management, safe city, identity solutions, and remote video monitoring. For additional information visit http://www.egiscapitalpartners.com/
Egis Portfolio Company ACRE Boosts Portfolio With Razberi Technologies Acquisition
/in Access ControlACRE, 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
/in Egis Capital PartnersThe 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
/in Access Control, IoT, Smart BuildingsButterflyMX, 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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Egis Capital Announces Final Close of Fund III
/in Egis Capital PartnersSUMMIT, N.J., Sept. 16, 2020 /PRNewswire/ — Egis Capital Partners is pleased to announce the successful closing of its third fund. The Firm’s investment strategy is to make acquisitions and growth equity investments in the security and protection industry. Egis was founded in 2008 and is uniquely focused on companies that protect people, assets and data.
With Fund III, Egis has expanded its investor base which includes industry executives that are leaders in the security and protection industry. Founder and Managing Partner Robert Chefitz stated, “Current events have demonstrated the enduring demand for solutions that can mitigate risk in whatever form it takes”. Fund III closed early this year and currently has three investments. Fund III has more than tripled in size from Fund II and doubled its team. Egis is focused on middle market late stage growth equity investments and buyouts of technology-enabled product and services businesses.
The Firm plans to continue executing on its strategy of investing in technology driven companies with enterprise values ranging between $30 million and $200 million that require a total equity investment between $10 million and $80 million. Egis has made investments in categories including access control, public safety, smart home, IoT building solutions, global risk management, safe city, identity solutions, and remote video monitoring. For additional information visit http://www.egiscapitalpartners.com/
GardaWorld Acquires Egis Portfolio Company WorldAware
/in Risk Management SolutionsWorldAware, a leading integrated security risk management firm was acquired by GardaWorld. The strategic acquisition of WorldAware enables GardaWorld to offer its clients access to the most comprehensive intelligence and security risk management services in the industry, anywhere in the world.
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Egis Portfolio Company Brivo Acquires Parakeet to Add Smart Building Capabilities
/in Access Control, IoT, Video SurveillanceBrivo, the global leader in cloud-based physical security, has acquired Parakeet Technologies, a provider of smart building solutions which include sensors, thermostats, wireless locks, and lighting controls. The acquisition accelerates Brivo’s ongoing push to enhance its in-building capabilities beyond its current access control, video, and security.
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Egis Portfolio Company MCP Announces Acquisition of URL Integration, Expanding its Data-Integration Capabilities
/in Public SafetyMission Critical Partners (MCP), a leading public safety consulting and information technology (IT) support services firm, announced the acquisition of URL Integration, an IT consulting company specializing in the planning and implementation of complex data-exchange points for the criminal justice and public safety sectors.
Combination will provide public safety clients with new opportunities to leverage mission-critical data to improve emergency response outcomes.
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Egis Portfolio Company MCP Acquires Black & Veatch’s Public Safety Consulting Business
/in Public SafetyMission Critical Partners (MCP), a leading public safety consulting and information technology (IT) support services firm, today announced the completion of its acquisition of Black & Veatch’s Public Safety (BVPS) consulting division. With BVPS—a unit of Black & Veatch’s Connected Communities business—MCP strengthens its capabilities to design and deploy reliable, advanced radio and wireless broadband systems targeting the public safety sector.
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Egis Capital Realizes Investment in Stealth Monitoring
/in Site MonitoringRobert Cherun, Chief Executive Officer of Stealth said, “Egis Capital Partners was our largest investor for the past several years. They were a helpful thought partner on capital structure, introduced us to dozens of industry contacts, and were very helpful in focusing us on being a more metrics driven business….”
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Heeding The Call For Better Technology, Dollars Flow Into 911 Communications
/in Public SafetyOnce a very sleepy business, 911 centers are seeing a surge of investment lately.
“A lot of VC money is coming into the market,” says Robert Chefitz, managing partner of security-focused private equity firm Egis Capital.
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