IFSS announces investment to support strategic growth plans
Fort Myers, Fla., July 16, 2019 — Integrated Fire and Security Solutions, Inc. (IFSS), a leading provider in the delivery of integrated security, IT and fire technologies and services, today announced that it has received a private equity investment to drive strategic growth and further build its presence in the dynamic Southeastern U.S. market. The sizable investment will be used to expand sales operations, acquire similarly aligned service providers and boost service offerings focused on recurring revenue services.
The investment by 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,” said Oliver Blum, Portfolio Manager, Newlook Capital. “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 differentiates its strategy by ensuring exceptional customer service, aiming to address each specific customer’s needs, cost structure and situation. Its team has more than 100 years of security and fire expertise combined, and it has delivered integrated systems for a wide array of mission-critical organizations in Florida, including Key West Airport, Collier County School District and Lee County schools.
"Our recent experience on a comprehensive fire system installation with IFSS went above and beyond our expectations,” said Lenny Grawburg, Electrical Project Manager and Estimator, ION Electric. “Not only is the solution effective in seamlessly protecting our client’s guests, but IFSS went out of their way to ensure the deployment went smoothly.”
IFSS delivers fire alarm, video surveillance and access control systems across Florida, as well as reliable and innovative life safety systems that enable facilities to keep people and property safe. Newlook’ s investment will allow IFSS to expand and advance its business to further develop its robust and comprehensive product and services portfolio to meet the specific business and security intelligence needs of users in a variety of markets, such as hospitals, airports, seaports, boarder 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,” said Justin Peterson, President, IFSS. “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.”
About Integrated Fire & Security Solutions
Integrated Fire & Security Solutions, headquartered in Fort Myers, Fla., provides turnkey design and installation of fire alarm, video surveillance, IT infrastructure and access control systems to mission-critical organizations across the Southeast United States. Its focus on intelligent, integrated systems helps organizations achieve safe and sustainable environments. IFSS is committed to customers success through a strategic focus on integrated IT and security solutions and high levels of technology integration. For more information, visit http://www.fireandsecurityteam.com/.
About Newlook Capital
Newlook Capital is a private equity firm that currently has 4 industry-specialized funds available to the retail and institutional markets. Each fund has its own focused, experienced, and aligned management, and a defined strategy. Investing throughout Canada and the U.S. with a preference for companies that exhibit a solid tangible assets base, Newlook Capital is focused on and current holdings include; multifamily real estate and services in the U.S., industrial services in Canada and the U.S., dental practices, and QSR in Canada. Newlook Capital Inc. took the initiative to establish Newlook LP and indirectly controls its general partner. www.newlookcapital.com
