Kings III of America, LLC

Kings III of America, LLC provides vital emergency communication solutions, specializing in emergency phone systems for elevators and pools, enhancing safety and security within various facilities across North America. Founded in 1989 and headquartered in Coppell, US, Kings III of America, LLC focuses on delivering emergency communication solutions. The company has undergone strategic shifts to enhance its service offerings. Norm Nelson serves as the current CEO, leading the firm in its operational endeavors.

In September 2022, Kings III was acquired by Arcline Investment Management from Thayer Street Partners and Rockbridge Growth Equity, marking a significant transition in ownership. The company has engaged in three total deals, with the most recent transaction occurring in September 2022. Kings III specializes in providing critical emergency communication solutions, particularly focusing on emergency phones designed for elevators and pools. Their core product offerings include emergency phone systems, which are engineered to ensure reliable communication during distress situations.

These systems are fully integrated and encompass installation, maintenance, and 24/7 monitoring services. The company serves a diverse clientele, including property managers, elevator companies, government and educational institutions, as well as hospitality and senior care sectors. With a significant presence in the U. S.

and Canada, Kings III's products are utilized in major metropolitan markets such as Chicago, Miami, New York, Cleveland, and Los Angeles. By leveraging advanced technology, the company aims to enhance life safety standards and provide peace of mind to tenants, employees, and visitors across various public and private buildings. Kings III operates on a revenue model primarily based on subscriptions and service agreements, providing its clients with comprehensive emergency monitoring solutions. This structure typically involves a partnership where clients pay for the installation and ongoing maintenance of emergency phone systems, alongside 24/7 monitoring services.

Transactions are usually structured as long-term contracts, which facilitate consistent revenue flow from property managers and other commercial clients. The company's flagship products, such as the FirstNet® capable emergency phones, are integral to its service offerings. Specific pricing plans are customized according to the client's needs and the scale of the installation, reflecting the comprehensive nature of the services provided. Kings III's high customer retention rate of 98% underscores its commitment to delivering quality and reliability in emergency communication services.

Kings III of America, LLC plans to leverage its recent acquisition by Arcline Investment Management, which was finalized in September 2022, to further expand its business. The company is focused on designing new products to enhance its emergency communication solutions. Specific details on upcoming product launches are not disclosed, but the investment will facilitate Kings III's plans for growth into new markets within North America, emphasizing expansion in regions with high demand for emergency communication systems. The strategic goals set forth will utilize the recent funding to support these initiatives, reflecting the company's commitment to growth and innovation.