Investment to accelerate growth and bolster Company’s best-in-class construction technology offering
SUMMIT, N.J., Aug. 17, 2023 /PRNewswire/ — Egis Capital Partners, a growth-focused private equity firm investing in the safety, security and protection industry, led and closed on a Series A equity investment in Sensera Systems, Inc., a market leader in reliable, easy-to-deploy solar/cellular cameras and real-time jobsite intelligence software. The capital raised will support Sensera’s commitment to enhancing project execution and outcomes for its more than 1800 construction contractor and owner clients. MUUS Asset Management participated in the round. Egis Capital Partners and MUUS bring a combination of security and construction technology experience to support Sensera’s ongoing success as a leading provider of construction technology solutions.
Founded in 2014, Sensera Systems provides flexible, reliable, and affordable site intelligence technology for construction contractors and developers. The Company’s software, cameras, mobile apps, analytics, and value-adding services are designed for projects and entities, both large and small, to enhance productivity, collaboration, security, marketing, and risk and safety management. Sensera has integrated its solution with leading project management system providers such as Procore, Autodesk, and others and continues its commitment to the construction industry through a broader range of technology, AI, and an expanded partner ecosystem. Beyond construction, Sensera provides solutions to hundreds of municipalities, utilities, and infrastructure clients across North America.
“We are excited to partner with Sensera Systems, a proven leader in video management solutions in demanding environments. We have been impressed by Sensera’s founder and management team over the long period of time we have gotten to know them. Sensera has built a best-in-class platform and has shown impressive dedication to understanding the needs of its customers,” said Robert Chefitz, Managing Partner at Egis Capital Partners. “We believe Sensera is a continuation of our successful investments like Alarm.com, Brivo, and ButterflyMX. This is our fourth investment in video management solutions and our second in the construction industry.”
The investment from Egis Capital Partners and MUUS will enable Sensera Systems to continue to provide the construction industry, property owners, municipalities, and critical infrastructure enhanced, intelligent remote monitoring solutions built on Sensera’s video-centric technology. The capital and expertise of Egis will serve to accelerate Sensera’s commitment to continued technological advancement and penetration in existing and adjacent markets.
“We are thrilled to announce this investment from Egis Capital Partners, which will allow us to accelerate innovation and increase the breadth of our product offering,” said Rob Garber, CEO, Sensera Systems. “Sensera was founded to open access to high-quality solar wireless site technology to all, and this new investment will enable us to better serve the global community at large.”
SECOM CO., LTD, a $15B enterprise and one of the largest security integration companies in the world, invests in the two global cloud physical security leaders, accelerating the use of AI and improving safety and security
AUSTIN, Texas, BETHESDA, Maryland — May 17, 2023
Eagle Eye Networks, the global leader in cloud video surveillance and Brivo, the global leader of cloud-based access control and smart space technologies, today announced one of the largest investments to date in cloud physical security. SECOM CO., LTD, one of the largest security integration companies in the world, according to Forbes Global 2000, has made a primary equity investment of $192 million in the two companies, $100M in Eagle Eye Networks and $92M in Brivo.
“The SECOM investment underscores that cloud and AI are the future of physical security,” said Drako. “Both Eagle Eye and Brivo will use a significant portion of the investment to further develop AI that dramatically improves the security of enterprises and businesses globally. The Eagle Eye and Brivo open platforms provide customers with choice, efficiencies, and innovation, all of which this investment will accelerate.”
Shields’ commitment to providing best-in-class banking and cash logistics solutions for the financial community supported with relationship
MOORESTOWN, N.J., Nov. 21, 2022 /PRNewswire/ — Shields Business Solutions (“Shields”), a provider of ATM service, cash-in-transit and cash logistics solutions for the financial community, and Egis Capital Partners, a private equity firm focused on the Safety, Security and Protection industry, announced today a new strategic partnership. The agreement brings together Shields’ extensive team of specialized bank products and cash services professionals with the strategic investment and financial backing of Egis Capital Partners. The partnership strengthens the position of Shields in contributing to driving the digital transformation and operational efficiency of the financial community forward and creating greater value for Shields’ customers.
With over 50 years of experience, Shields has been a market leader in comprehensive ATM and advanced cash solutions, building its record of service quality and deep industry expertise since 1970. Shields works with top manufacturers and partners to deploy solutions that range from basic implementations to advanced, core-connected interactive technology projects for best-in-class service and increased uptime for their customers.
“We are thrilled to have found the right partner in Egis Capital. Leveraging Egis’ industry experience will assist us as we continue to expand our business within our existing footprint and look to broaden our service offerings as we enter new geographies,” said Mark McGrath, President of Shields.
Robert Chefitz, founder and managing partner of Egis Capital Partners added, “Shields’ customer-first approach and its complete offering of cash logistics solutions that connects bank branches to retail sites, place them in a unique position to play an important role in the delivery of cash-based banking solutions in this digital environment. We are excited to support the team led by industry veterans Mark McGrath, President and Tom Raftery, Chief Operating Officer, to accelerate growth and expand Shields’ footprint.”
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.
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.”
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.
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.”
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.
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.”
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.
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.
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.
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.
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/
WorldAware, 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.
Brivo, 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.
Mission 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.
Mission 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.
Robert 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….”
Once 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.
SecurityInfoWatch.com interviewed Robert Chefitz, Managing Partner at Egis Capital, to get his thoughts on what security industry technologies and services are trending up and what characteristics his firm looks for when it comes to investing in companies in the market.
ACRE, a global leader providing state-of-the-art security systems, announced today it has entered into a definitive agreement to acquire RS2 Technologies in Munster, Ind. This purchase will enhance ACRE’s strategic expansion plans for strengthening its access control business and product portfolio.
ClearObject designs, develops, deploys and manages connected solutions and data-driven digital products. The acquisition is consistent with Egis’ strategy to invest in technology-enabled businesses that utilize security infrastructure to drive operational efficiency. The partnership will provide the financial and strategic resources to facilitate this transformative opportunity in the data-driven economy.
This purchase will enhance ACRE’s strategic expansion plans for strengthening its access control business and product portfolio, particularly in North America.
Today, Stealth is a market leader in the video surveillance market, with three redundant, state-of-the-art monitoring centers. As part of their ongoing effort to always provide the very best to their customers, they’ve relaunched Stealthmonitoring.com to better reflect their prominent position as the leader in live monitoring solutions.
The acquisition deepens MCP’s information technology (IT) and managed services offering and reinforces its position as the industry leader in providing independent services for public safety infrastructure and operations.
Acuant Inc., a portfolio company of Insight Venture Partners, Lightview Capital and Egis Capital Partners, was recently acquired by Audax Private Equity.
The change comes after a year in which iJET acquired several companies. The rebrand allows the company to move forward as a singular brand focused on one mission: to help clients and partners around the world to secure the safety and well-being of their people, facilities and business.
Acuant, Socure, BioCatch, and IdentityMind Global are considered key emerging vendors in the identity proofing solutions market by International Data Corporation in their IDC Innovators report.
Egis will provide financial and strategic resources to Mission Critical Partners as the Company addresses digital transformation opportunities in the public safety sector to create safer and smarter cities.