Go Security Solutions

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Go Security Solutions - overview

Established

2009

Location

Westborough, MA, US

Primary Industry

Defence

About

Go Security Solutions offers advanced security systems and monitoring services, focused on enhancing safety through integrated surveillance, access control, and cybersecurity tailored for both residential and commercial sectors. Founded in 2009 in Westborough, US, Go Security Solutions specializes in security systems and monitoring services. In October 2016, the company was acquired by Convergint Technologies LLC, a portfolio company of KRG Capital Partners and American Capital. The acquisition details were not disclosed.


The founder's background information is not available. Go Security Solutions specializes in providing advanced security systems and monitoring services tailored to meet the demands of various industries. Their core product offerings include integrated surveillance systems, access control solutions, and cybersecurity services, which enhance the safety and security of both residential and commercial properties. These offerings address critical use cases such as theft prevention, unauthorized access control, and data breach protection.


Go Security Solutions serves a diverse client base, including small to medium-sized enterprises, large corporations, government agencies, and residential customers, primarily in North America and Western Europe, providing localized support and solutions. Go Security Solutions generates revenue through a combination of subscription-based services and direct sales of hardware and software solutions. Clients typically engage in annual contracts for monitoring services, which may include ongoing support and system upgrades. The company also sells its surveillance systems and access control products directly to businesses and consumers, facilitating a B2B and direct-to-consumer model.


Revenue from these transactions varies based on the scale of the implementation and the specific services chosen by clients, encompassing a range of customizable solutions that allow clients to select security features that best suit their needs. Following the acquisition in October 2016, Go Security Solutions plans to leverage new resources to launch innovative security products. They are targeting expansion into new markets across Asia and South America by 2025. The recent integration with Convergint Technologies will support these initiatives by providing access to broader distribution channels and technological advancements.


Current Investors

Convergint Technologies LLC

Primary Industry

Defence

Sub Industries

Security Services

Website

www.gosecuritysolutions.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Go Security Solutions - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGo Security Solutions-

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