QMI Security Solutions

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QMI Security Solutions - overview

Established

1986

Location

Itasca, IL, US

Primary Industry

Consumer Products

About

QMI Security Solutions specializes in providing high-security products for residential and commercial properties, including advanced security doors and glazing solutions designed to deter entry threats and enhance safety. Founded in 1986, QMI Security Solutions is located in Itasca, US, and focuses on developing security innovations. The company underwent a recapitalization in June 2017, led by Prospect Partners and company management. The current CEOs are Charles Madden and Kevin White.


QMi Security Innovations specializes in high-security solutions designed to protect both residential and commercial properties. Their core products include security shutters, high-security doors, security glazing solutions from Riot Glass®, and various security screens. These products are engineered to deter forced entry and ballistic threats, ensuring the safety of assets within buildings. The company caters to a diverse clientele, including businesses in sectors such as retail, healthcare, schools, and government institutions, delivering custom-configured solutions that balance security and aesthetic appeal across the United States and North America.


QMi Security Innovations generates revenue through direct sales of its security products to both businesses and consumers, establishing a strong B2B and B2C transaction model. Clients engage with the company for customized security solutions tailored to their specific needs, which may include high-security doors or specialized security shutters. The business model emphasizes quality and customization, fostering long-term relationships with clients across various sectors. Revenue is driven by initial sales of high-value products and ongoing maintenance services.


In June 2017, QMI Security Solutions was recapitalized by Prospect Partners. The company aims to enhance its product lineup with new high-security solutions and is looking to expand its reach into additional North American markets. Specific plans include launching new products designed for enhanced security applications by 2024. The recent funding will support the development of these new products and facilitate market expansion efforts.


Current Investors

Prospect Partners

Primary Industry

Consumer Products

Sub Industries

Furniture

Website

www.qmiusa.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

QMI 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-onCompletedCampbell Corporation-
Add-onCompletedRiot Glass, Inc.-
RecapitalisationCompletedQMI Security Solutions-

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