Greenwich Capital Group (“GCG”) is pleased to announce its role as the exclusive financial advisor to Eos Business Surveillance Solutions (“Eos” or the “Company”) on its sale to Security 101, a portfolio Company of Gemspring Capital. This transaction adds to GCG’s extensive experience within the business services and security services sectors.
About the Transaction
Founded in 2005 by Francis Ralabate, Eos has evolved from its roots in Flint, Michigan, into a nationally recognized security integrator. The Company has built a strong customer base by offering top-tier solutions in video surveillance, access control, data and fiber systems, and solar-powered surveillance trailers. By integrating Eos into Security 101’s platform, the Company will gain access to additional resources dedicated to key growth initiatives, allowing it to enhance Security 101’s service offerings and strengthen its market presence. Eos’ employees, including its leadership team, will join Security 101’s existing teams to collaboratively deliver a comprehensive and exceptional suite of security solutions.
“I am very excited to work with Security 101, together we are stronger,” said Francis Ralabate. “This partnership marks the beginning of a new chapter, where innovation, expertise, and shared values will drive us towards even greater success.” Ralabate went on to say “throughout this process, GCG ensured Eos and Security 101 were a good fit. Everyone on the GCG team was patient in making sure I understood all aspects of the transaction and were extremely knowledgeable, having your best interest at heart.”
Post-acquisition, Francis will continue leading the Eos team, ensuring a smooth transition and ongoing success.
About Eos Business Surveillance Solutions
Eos Business Surveillance Solutions is a comprehensive provider of security integration services across commercial and industrial markets. The Company delivers a full-suite of security services including video surveillance, access control, and advanced mobile surveillance trailer solutions. For more information, please visit www.nowyoucansee.com
About Security 101
Security 101 is a national provider of integrated security solutions to a diversified set of commercial customers across multiple end markets, including healthcare, education, financial, and government, among others. The company delivers a full-service offering of security services and products including the design, installation, and maintenance of access control, video surveillance, intrusion detection, visitor management, and managed service solutions. Founded in 2005 and based in West Palm Beach, FL, Security 101 has over 50 locations in the U.S. For more information, please visit www.security101.com
About Gemspring Capital
Gemspring Capital, a Westport, Connecticut-based private equity firm with $3.8 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation and sustainable competitive advantages. Target companies have up to $1 billion in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare services, industrial services, software and tech-enabled services, or specialty manufacturing sectors. For more information, visit www.gemspring.com.
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