Escort
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Escort - overview
Established
1977
Location
-, OH, US
Primary Industry
Consumer Products
About
Escort provides advanced radar detection technology to enhance driving safety. Its products alert users to speed traps and hazards, integrating seamlessly with smartphone apps for enhanced awareness on the road. Escort, founded in 1977 and headquartered in West Chester, US, specializes in radar detection technology. The company has pivoted to consumer-centric offerings and was acquired by Monomoy Capital Partners in October 2013 to support business expansion and new product development.
Escort's founder has not been specified in available information. Escort specializes in advanced radar detection technology, featuring its flagship products, the Redline 360c and MAX 360 MKII radar detectors. These products alert users to potential speed traps and hazards, integrating with smartphone applications like Drive Smarter and ESCORT Live. Additionally, Escort offers accessories, dash cams, and software solutions, creating a comprehensive driving assistance ecosystem.
Escort generates revenue through direct consumer sales of its radar detectors, primarily the Redline 360c and MAX 360 MKII, along with accessories and software services. The company operates on a B2C model, with sales through its e-commerce platform and telephone orders. Revenue is supplemented by promotional offerings such as a Trade-In Program and subscription services for the North American Defender Database, which keeps users informed about speed cameras and red-light camera notifications. Escort plans to leverage the recent funding of USD 42.
00 mn from its Recapitalisation round to expand its business and develop new products. The company aims to enhance its product line and explore new geographical markets, targeting expansions in the North American region by 2025.
Primary Industry
Consumer Products
Sub Industries
Household Appliances
Website
www.escortradar.com
Verticals
Manufacturing
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Escort - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Cedar Electronics Holding Corp. | - | ||||||||
| Secondary Buyout | Completed | Escort | - | ||||||||
| Secondary Buyout | Completed | Escort | - | ||||||||
| Recapitalisation | Completed | Escort | - |
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