Canadian private equity firm Newlook Capital has acquired a majority interest in Integrated Fire & Security Solutions (IFSS), a Fort Myers, Florida-based provider of access control and security solutions.
No financial terms were disclosed. The deal was announced by Generational Equity, which advised IFSS.
Founded in 2006, IFSS designs, develops and installs fire alarm, closed-circuit television and access control systems in Florida. Its services range from everyday office use to securing airports and seaports.
Toronto-based Newlook invests in industrial services companies and other opportunities across North America.
Generational Equity Advises Integrated Fire & Security Solutions in Securing an Investment by Newlook Capital
June 19, 2019
DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce a majority investment by Newlook Capital in one of its clients, Integrated Fire & Security Solutions. The transaction closed June 1, 2019 and details were not disclosed.
Integrated Fire & Security Solutions, located in Fort Myers, Florida, provides fire alarm, CCTV and access control systems throughout the state. Their services range from everyday office use to securing airports and seaports. They are able to provide the best Life Safety systems for a client’s needs at a fair market value. These systems can include fire detection devices, card readers, magnetic stripe cards, pin pads, biometric readers (finger print), door strikes, magnetic locks, vehicle or man gates, time clocks, security alarms, wireless interface, video badging stations, and surveillance systems.
Newlook Capital is a private equity firm located in Burlington, Canada that invests in high-growth industrial services companies by partnering with highly experienced and aligned management teams. Investing throughout Canada and the U.S., Newlook provides important growth capital and acquisition support to its portfolio companies.
Generational Equity Executive Managing Director Mergers & Acquisitions, David Fergusson and his team, led by Senior M&A Advisor Mario Dieckmann, with support from Vice President Mergers & Acquisitions Alex Mironov, successfully closed the deal. Executive Managing Director Edward Weber established the initial relationship with Integrated Fire & Security Solutions.
“Because of Integrated Fire & Security Solutions’ admirable growth and reputation in this industry, a number of qualified buyers were interested and resulted in an excellent choice and decision for our client,” said Mario Dieckmann.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition, and wealth management services. Their five-step approach features exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company the 2016, 2017, and 2018 Investment Banking Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.