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FORT MYERS — Integrated Fire and Security Solutions, a leading provider in the delivery of integrated security, IT and fire technologies and services, has received a private equity investment from Newlook Capital to drive strategic growth and further build its presence in the Southeastern U.S. market. The company is based in Fort Myers.
Described only as “sizeable” in a statement, the investment will be used to expand sales operations, acquire similarly aligned service providers and boost service offerings focused on recurring revenue services. The move from Newlook Capital is part of the organization's strategic focus on investing in high-growth industrial services companies driven by highly experienced and motivated management teams.
“We see security and fire services as a major growth market and IFSS has built a rock-solid customer base and strong brand,” says Oliver Blum, Newlook Capital portfolio manager, in the statement “IFSS is driving exciting integrated systems differentiated by emerging technologies, is growing rapidly, and gaining substantial market share. That record of achievement makes it very easy for us to support their future growth goals.”
IFSS delivers fire alarm, video surveillance and access control systems across Florida, as well as innovative life safety systems that enable facilities to keep people and property safe. Newlook’ s investment will allow IFSS to further develop its product and services portfolio to a variety of markets such as hospitals, airports, seaports, border stations, school systems, universities and hospitality.
“We are excited about this new development and appreciate the chance to strengthen our world-class offerings and depth in the industry,” says IFFS President Justin Peterson. “Moving forward, we look to place a strong focus on investing in the fire and services market, and this opportunity, coupled with our experience and resources, furthers our ability to design and install large, complex systems in our target markets.”
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