The Selling Company: Copstat Security Inc. is a highly reputable provider of contract security and investigative services in the northeastern United States. It provides armed and unarmed security officers to banks, retail and healthcare properties, Class A and B commercial buildings, executives and celebrities, and hotels.
Why the company was sold: The president of the company wanted to cash out his 100% interest and focus on recreational activities.
Capital Alliance’s Performance: Capital Alliance generated several offers from strategic and financial acquirers who had expertise within the security industry and substantial capital available to fund future growth initiatives.
Terms of the Transaction: Terms included substantial cash at closing, relief from corporate debt, deferred debt payments, a consulting contract, and future performance bonus.
The Acquiring Company: A syndicate of four financial companies led by Theo Capital, who had collectively financed over 50 acquisitions, completed the transaction.