DFW Capital Partners has made an investment in IntelliSite, a provider of advanced surveillance and monitoring solutions. No financial terms were disclosed. In conjunction with DFW’s investment, Ken Mills has joined IntelliSite as CEO.
TEANECK, N.J. (PRWEB) MAY 05, 2020
DFW Capital Partners(“DFW”) announced today that it has completed an investment in IntelliSite Corporation. IntelliSite, a provider of advanced surveillance and monitoring solutions, delivers measurable outcomes for its customers’ Internet of Things (IoT), Safety & Security and Computer Vision needs.
Founded by Mario and Jorge Campos in 2001, IntelliSite provides an end-to-end suite of technology configuration, installation and event monitoring services and solutions for a variety of applications, including public safety, traffic control, theft detection and prevention, human access and industrial and infrastructure maintenance. End markets include municipal governments, law enforcement, utilities, healthcare facilities, retail facilities, financial institutions, agriculture, and other commercial operations.
In conjunction with DFW’s investment, Ken Mills has joined IntelliSite as CEO. Ken is a seasoned business to business executive with deep experience in the safety and surveillance technology industry. Ken joins IntelliSite from Dell, where he served as General Manager Safety & Security, Computer Vision and IoT. During his seven-year tenure at Dell, Ken led the development and growth of that business unit from less than $100 million to over $1 billion of global revenues.
Ken commented, “I am excited to be able to work with Mario and Jorge, who have built an excellent business positioned for significant growth. I am also thrilled about the partnership with DFW Capital Partners, who has demonstrated exceptional integrity and collaboration during the diligence process and who is a major factor in my decision to leave Dell. DFW’s continued support of IntelliSite will expand its service capabilities and accelerate its growth as an industry-leading IoT solutions provider.”
Mario Campos, Founder & President of IntelliSite, said, “We are excited to work with DFW Capital as we enter the next chapter of IntelliSite’s growth. DFW’s approach and demonstrated philosophy of partnership will help fuel our continued expansion and ability to better serve existing as well as new customers in the years ahead. We are deeply grateful to our employees for all their hard work and dedication; our customers for their loyalty and trust; and our growing list of partners who continue to support and distribute our products into their channels. These stakeholders are the ones who put us in the position for this transformative growth opportunity.”
Keith Pennell, Managing Partner at DFW, added, “IntelliSite’s own proprietary technology combined with its field-level expertise and ability to leverage various best-in-class third-party solutions have led to hundreds of successful implementations and loyal customers. We are impressed by what Mario and Jorge have built to date, and look forward to working with Mario, Jorge, and Ken to accelerate the company’s growth – both organically and via select acquisitions.”
About DFW Capital Partners
DFW Capital Partners is a private equity investment firm focused on lower middle-market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW has established a 20+ year track record of success in building leading companies. DFW is headquartered in Teaneck, New Jersey and maintains an office in Chevy Chase, Maryland.