Becklar announced today they are partnering with BV Investment Partners out of Boston, Massachusetts. The Edmonds Group served as the financial advisor during the negotiations. This new partnership could potentially bring great growth for both Becklar businesses.
About The Partnership
Becklar was formed in 2017 by Josh Garner, CEO of Becklar, to unite the complimentary Freeus and AvantGuard businesses under one umbrella. Freeus is a leader in North America when it comes to the development and manufacturing of PERS and mPERS devices and technology. AvantGuard Monitoring Centers is one of the industry leaders in wholesale monitoring and provides services to the fire, security, PERS, and IoT industries. Together, they make one powerful combination of businesses. BV Investment Partners recognized the huge potential of investing in two great companies.
Josh Garner, CEO of Becklar said, “We are very excited to join forces with BV. They are a leading middle-market private equity firm that focuses on tech-enabled business services, software and IT services sectors. Their strategic perspective will benefit us immensely. Further, our partnership will allow Becklar to continue its impressive growth, both organically and through acquisitions.”
Garner continued, “Henry Edmonds and his team provided us with sage counsel throughout our negotiations and helped us reach a win-win outcome for both ourselves and BV.
BV Managing Director Justin Garrison added “We believe Josh and the Becklar team have built an outstanding company. We are extremely pleased to have the opportunity to work with them over the coming years.”
This is an exciting opportunity for all parties involved. We look forward to the opportunity and potential that this partnership can bring.
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