Tyco Closes Buy of Exacq Tech

Tyco International has acquired Exacq Technologies, a portfolio company of CID Capital Venture Partners. Financial terms weren’t announced. Fishers, Ind.-based designs and makes video surveillance technologies.


CID CAPITAL VENTURE PARTNERS announced today that its portfolio company Exacq Technologies, Inc., a leading designer and manufacturer of Video Surveillance Technologies, has been acquired by TYCO International, Inc.


Based in Fishers, IN. Exacq is a pioneer in the enterprise IP and Hybrid video surveillance markets and has emerged as one of the leading providers in the industry, with global reach, high growth and customer satisfaction as recognized by many industry publications and multiple years achieving inclusion in the “Inc.500 Companies”. Exacq products are utilized across multiple applications, financial, education, healthcare, manufacturing, retail, corporate, hospitality, government, etc.


CID Capital led Exacq Technologies Series A financing round in 2004, and supported the company with additional investments in 2006 and 2007.


“We are proud to have played a supporting role in building Exacq into a leading provider of Video Surveillance systems, and to recognize the management team’s technology and ethics leadership which produced excellent results” said Bob O’Brien; CID Capital Managing Director. “We are also pleased to provide an attractive return to CID investors through an exit that underscores our commitment to investing in the technology sector”


“CID Capital Venture Group has been a valued partner, providing relevant expertise and resources to support Exacq’s early significant growth,” said Dave Underwood, Exacq CEO.


About CID Capital

CID Capital, Inc. is one of the largest Midwest-based providers of Venture Capital and Private Equity financing to seed stage, growth and mature middle market companies. Since its founding in 1981, CID has raised nine funds, including a mezzanine fund, a seed fund, and a buyout fund, which together comprise over $575 million in capital. CID benefits from 32 years of professional investment experience and the lessons learned in managing more than 129 portfolio companies. With investments in a variety of industries, including information technology, life science, business services, and manufacturing, CID Capital continues to seek visionary entrepreneurs to share our resources and expertise to create enterprises of extraordinary value.