Minuteman Security Technologies, Inc.

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Minuteman Security Technologies, Inc. - overview

Established

1988

Location

Andover, MA, US

Primary Industry

Business Support Services

About

Minuteman Security Technologies, Inc. is a U. S. -based company specializing in advanced security and life safety technology solutions aimed at enhancing safety for commercial and educational sectors.


Founded in 1988 and headquartered in Andover, US, Minuteman Security Technologies focuses on delivering comprehensive security solutions for various sectors. The company was established by Joseph Lynch, who has a history of entrepreneurship in the security technology space. In August 2023, Tenex Capital Management acquired Minuteman Security Technologies from Prospect Partners to expand its reach into adjacent markets. The company has been involved in 2 deals, with the most recent deal occurring on August 2, 2023.


Minuteman Security and Life Safety specializes in providing a comprehensive suite of security and life safety technology solutions tailored for commercial and educational sectors. Their core offerings include video surveillance, access control, fire alarm systems, emergency communication, and perimeter security, each designed to enhance safety and security for their clients. These systems are integrated to address various use cases, such as monitoring premises, controlling access to facilities, and ensuring rapid emergency response, thereby safeguarding people and properties across a range of environments. The company serves a diverse client base, including government entities, educational institutions, healthcare facilities, and commercial enterprises, providing their products and services across the U.


S. East Coast, including regions such as Maine, Florida, Pennsylvania, New Jersey, and Delaware. Minuteman Security and Life Safety generates revenue through direct business-to-business transactions focused on enterprise security solutions. Their typical transaction structure involves long-term contracts with clients, where services such as system installations, maintenance, and ongoing support are bundled into comprehensive packages.


The pricing model reflects the value of their advanced systems, which may include one-time installation fees and recurring service agreements. Notable offerings, such as their fire alarm systems and comprehensive managed services, are positioned as essential components of their security solutions, further solidifying their revenue streams within the commercial and educational markets. Following the acquisition on August 2, 2023, Minuteman Security Technologies plans to utilize the new partnership to broaden its geographical footprint into adjacent markets. The upcoming strategies include the development and launch of new products in the security technology field, with specific timelines for release yet to be disclosed.


The company aims to expand its services beyond the East Coast, targeting additional states for growth.


Current Investors

Prospect Partners

Primary Industry

Business Support Services

Sub Industries

Security Services, IT Security/Cybersecurity, Monitoring & Security Software

Website

www.minutemanst.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Minuteman Security Technologies, Inc. - 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-onCompletedAIC Security-
Add-onCompletedLife Safety Integrated Systems-
Add-onCompletedAdaptToSolve, Inc.-
Secondary BuyoutCompletedMinuteman Security Technologies, Inc.-
Add-onCompletedNorris Inc.-

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