ICD Security Systems

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ICD Security Systems - overview

Established

1999

Location

Beijing, Beijing, China

Primary Industry

Business Support Services

About

ICD Security Systems specializes in providing advanced integrated security solutions tailored for various sectors, including healthcare, education, and government, enhancing operational safety and efficiency. ICD Security Systems, founded in 1999 in Beijing, China, offers comprehensive security solutions. The company was acquired by Convergint Technologies LLC from The Brink’s Company in November 2013. Tony Wang is the current CEO.


ICD Security Systems specializes in integrated security solutions that cater to diverse sectors such as healthcare, education, and government. Their offerings include advanced security systems like video surveillance, access control, and integrated alarm systems, which are designed to enhance security measures while mitigating operational risks. ICD primarily serves clients across North America, Europe, and Asia, focusing on large enterprises and institutions needing robust security infrastructures. ICD Security Systems generates revenue through direct sales and service agreements with clients, built on long-term partnerships and project-based contracts.


Their offerings include installation, maintenance, and ongoing support of security systems. The company’s flagship products, such as its proprietary video management software, are complemented by tailored installation services, creating a cohesive revenue model. Pricing structures vary based on solution complexity, with some services potentially available through subscription models. ICD's clientele includes Fortune 500 companies, ensuring a steady revenue stream.


ICD Security Systems plans to leverage recent funding from its acquisition to enhance its product offerings and expand into new markets. The company is focused on developing new security products slated for launch in 2024. Additionally, it targets expansion into European and Asian markets by 2025, aiming to increase its global footprint and client base. The recent funding will support the development of innovative technologies and market entry strategies.


Current Investors

Convergint Technologies LLC

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Outsourcing, Defence

Website

www.icdsecurity.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

ICD Security Systems - 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-onCompletedICD Security Systems-

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