Camtronic Security Integration, LLC is a systems integrator of video security systems used by retailers for loss prevention. Headquartered in Wilmington North Carolina, the Company provides design, integration, installation and support services throughout the U.S. and Canada.
Situation:
- Founded in 1998, the owners of the company were seeking to monetize their investment and find a strategic partner to help the company grow while remaining key contributors
Challenges:
- The company was profitable and growing but due to the nature of their client base had a limited backlog and forecasting insight
Successful Solution:
- Anderson LeNeave worked closely with management to develop a forecast that would give potential buyers insight into future performance
- Anderson LeNeave contacted a focused group of strategic buyers with an interest in the security integration and monitoring industries
- Camtronic was sold to Protection One Alarm Monitoring, Inc., the second largest electronic security company in the United States. Protection One is a portfolio company of GTCR, LLC.