DALLAS, Feb. 28, 2017 /PRNewswire/ -- Generational
Equity, a leading mergers and acquisitions advisor for privately
held businesses, is pleased to announce the sale of its client,
Integrated Systems of Florida, to
Red Hawk Fire & Security, a
portfolio company of Comvest Partners. The acquisition closed
January 31, 2017. Details were not
disclosed.
Integrated Systems of Florida (ISOF), headquartered near
Tampa in Oldsmar with sales and service offices in
Orlando and Tallahassee, is a well-regarded security
systems integration company. ISOF commands a solid commercial
customer base in the healthcare, hospitality, government, religious
and education industries. The company was founded in 2001 by
Walter and Candace Wiseman.
Red Hawk Fire & Security, based in Boca Raton, Florida, installs, tests,
inspects, integrates, services and monitors safety and security
solutions for businesses nationwide. The company's 1,400 employees
service 50,000 customers. The ISOF acquisition solidifies
Red Hawk as the preferred choice for
fire, life safety and security services in Florida.
Red Hawk was formed as an
independent, unified fire and electronic security services brand
with a national footprint to serve commercial customers after the
acquisition by a Comvest Partners sponsored private investment fund
of the U.S. fire and security operations of United Technologies
Corporation in 2012.
Generational Equity Managing Director Julie Sandoval and her team, headed by trusted
affiliate Mario Dieckmann, and Vice
President Rebecca Gruman, led the
deal to a successful close.
"President Walter Wiseman
identified Red Hawk as the ideal
purchaser early on," said Dieckmann. "That certainly proved to be
the case."
The deal also benefits ISOF's existing customers. "Red Hawk is large enough to bring needed
resources and expertise to bear for the complex or sophisticated
customer projects, yet nimble and flexible enough to deliver local
knowledge that complements and enhances the services we offer,"
ISOF President Walter Wiseman
said.
About Generational Equity
Generational Equity, part of the Generational
Group headquartered in Dallas with over 200
professionals located throughout North America, helps business
owners release the wealth of their business by providing merger,
acquisition and strategic growth advisory services. Their four-step
approach features exit planning education, business valuation,
value enhancement strategies, and M&A transactional
services. The M&A Advisor recently named the company its
2016 Investment Banking Firm of the Year. For more, visit
http://www.genequityco.com and the Generational Equity
press room.
For more information:
Carl
Doerksen
972-232-1125
cdoerksen@generational.com
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SOURCE Generational Equity