RS2 Technologies, LLC

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RS2 Technologies, LLC - overview

Established

1999

Location

Munster, IN, US

Primary Industry

Electronics

About

RS2 Technologies, LLC offers advanced software solutions for managing access control, focusing on security management across multiple sectors, including commercial and government applications. Founded in 1999 and headquartered in Munster, US, RS2 Technologies, LLC specializes in access control solutions. In April 2019, Acre, LLC, a portfolio company of Egis Capital Partners, acquired RS2 Technologies, LLC, with the transaction completed by the end of that month. RS2 Technologies’ primary product is the Access It!


software, an advanced access control solution designed for flexibility and scalability. It accommodates applications ranging from single-door entries to large-scale enterprises and integrates seamlessly with various subsystems. The platform emphasizes user experience, featuring live feeds, command functionalities, and mobile access, and serves industries such as commercial, government, education, and healthcare across North America, Europe, and parts of Asia. RS2 Technologies generates revenue through the sales and licensing of its Access It!


software solutions, utilizing a combination of subscription services and direct sales to businesses. The business model supports customized implementations with a one-time setup fee alongside recurring subscription costs for software updates and technical support, fostering continuous revenue while enhancing client relationships. Following the acquisition by Acre, LLC, RS2 Technologies plans to enhance its product offerings and expand its market reach. The company is currently developing new features for the Access It!


platform to be launched by the end of 2020. Additionally, RS2 Technologies aims to penetrate new geographic regions, focusing on Europe and Asia by 2023, using insights and resources gained from the acquisition. The recent acquisition funding will be allocated to product development and market expansion efforts.


Current Investors

Access Control Related Enterprises, LLC

Primary Industry

Electronics

Sub Industries

Electronic Components, Hardware, Software

Website

www.rs2tech.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

RS2 Technologies, 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-onCompletedRS2 Technologies, LLC-

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