Banner Solutions

Banner Solutions is a provider of security hardware solutions, focusing on both commercial and residential markets. They offer a wide range of products including locks and electronic access control systems, catering to various customer needs. Banner Solutions was founded in 1987 and is headquartered in Kansas City, US. The company specializes in security hardware products and has undergone operational changes to adapt to market needs.

Brendan Deely is the CEO. In October 2019, Tailwind Capital acquired Banner Solutions from High Road Capital Partners, enhancing its growth trajectory. Since inception, the firm has successfully closed four deals, with its most recent deal occurring on October 31, 2019. Banner Solutions specializes in providing a comprehensive range of security hardware products and services tailored for professionals in both commercial and residential markets.

Their core offerings include commercial locks, residential locks, electronic access control products, exit devices, and automotive key supplies, addressing various security challenges faced by end-users. The company collaborates with over 262 manufacturers to ensure a diverse selection, catering to clients such as construction firms, locksmiths, and property management companies. Banner Solutions is committed to delivering innovative solutions, particularly in electronic access control systems, enhancing security through advanced technology. Their products are primarily distributed across the United States, serving a national customer base that requires effective security solutions.

Banner Solutions operates on a transactional revenue model, engaging in B2B relationships with wholesale and retail partners. The company provides direct sales to professionals in the security hardware industry, offering access to a vast inventory of over 39,000 products, including electronic access control systems and commercial locking mechanisms. Transactions typically involve bulk orders from contractors and security firms, ensuring competitive rates for high-quality security hardware. The firm emphasizes efficiency in order fulfillment and customer service, contributing to its robust revenue stream derived from consistent client engagements.

Banner Solutions plans to enhance its product offerings with new electronic access control systems, aiming for a launch in the upcoming fiscal year. The company is also targeting expansion into additional regional markets, specifically focusing on the southeastern United States by 2023. The proceeds from the October 2019 acquisition by Tailwind Capital will support these initiatives, facilitating product development and market entry strategies.