Denver, CO – Capstone Headwaters advised ISONAS, Inc. (“ISONAS” or the “Company”), on its sale to Allegion (NYSE:ALLE). Terms of the transaction were not disclosed. ISONAS, based in Boulder Colorado, is a leading provider of innovative connected network device hardware and cloud delivered software solutions for physical access control in non-residential markets.
ISONAS CEO Rob Mossman commented, “Our long-term, trusted relationship with Capstone Headwaters began with an institutional equity raise from Alerion Capital in 2014. The Capstone team, led by Tom McConnell and David Brinkley, leveraged their key insights and deep industry relationships to achieve a successful outcome for our shareholders.”