Perimeter Security Partners, LLC.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Perimeter Security Partners, LLC. - overview

Established

2014

Location

Brentwood, TN, US

Primary Industry

Business Support Services

About

Perimeter Security Partners, LLC focuses on providing advanced security solutions through the design and installation of crash-rated products that protect critical infrastructure from vehicular threats. Founded in 2014 and headquartered in Brentwood, US, Perimeter Security Partners, LLC specializes in security solutions. The company's leadership includes CEOs Eugene McNeil and Wes Foss. In October 2021, the company was recapitalized by Rock Gate Partners, The Agnew Company, and True West Capital Partners.


This event marked a significant point in its operational strategy. Perimeter Security Partners (PSP) specializes in the design, manufacture, and installation of crash-rated security products, primarily focused on protecting critical infrastructure from vehicular threats. Their core product line includes active and passive vehicle barriers, hydraulic and electric gates, anti-ram bollards, and street furniture. Each product is engineered to withstand various threat vehicle profiles, thereby enhancing security at military bases, ports of entry, commercial facilities, and financial institutions.


The company's offerings are tailored to meet specific project requirements, with options for operation including hydraulic, electric, and manual mechanisms. PSP's products are deployed across multiple geographical markets in the United States and have served a diverse clientele, including military installations, municipal organizations, and commercial enterprises that prioritize safety and security in their operations. PSP generates revenue through direct sales and service contracts concerning their diverse range of security products. Transactions typically occur through B2B engagements, where the company collaborates with government institutions, military agencies, and private sector clients to provide integrated security solutions.


The pricing structure encompasses individual product sales as well as comprehensive service agreements that include installation, maintenance, and upgrades of barrier systems. Notable products, such as the Satyr-4 and Typhon-12, are key components of their offerings, contributing to recurring revenue through long-term service contracts. This transactional model reflects the company's commitment to providing tailored security solutions, ensuring that clients receive not only the products but also the necessary ongoing support for effective operation. In the wake of the recapitalization on October 26, 2021, Perimeter Security Partners intends to expand the company organically and through add-on acquisitions of complementary security and infrastructure-oriented companies.


Upcoming new products are in the design phase, with plans to launch them in the near future. Furthermore, the company is targeting expansion into new markets and geographic regions, focusing on enhancing its presence in areas that require advanced security infrastructure.


Current Investors

Rock Gate Partners, True West Capital Partners, The Agnew Company

Primary Industry

Business Support Services

Sub Industries

Security Services

Website

www.perimetersecuritypartners.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Perimeter Security Partners, LLC. - 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-onCompletedShore Systems, Inc.-
Add-onCompletedShore Technology Group-
RecapitalisationCompletedPerimeter Security Partners, LLC.-

Displaying 1 - 3 of 3

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.