Boston, MA - Capstone Partners LLC, a leading national investment banking firm, announced that it has successfully advised Surveillance Specialties, Ltd. (“SURV”), on its acquisition by Securadyne Systems, LLC (“Securadyne Systems”) and Pamlico Capital (“Pamlico”). Terms of the transaction were not disclosed.
SURV was founded in 1986 as a covert surveillance company by Arthur and Joan Bourque. The Company changed its business model to a full-service security systems integrator in 1999 and, since then, achieved considerable and consistent growth, emerging as the top independently-owned and operated security systems integrator in New England.
SURV was acquired by Securadyne, which was founded in February 2012 in partnership with Pamlico. The SURV acquisition is the second for Securadyne.