Satellite Tracking of People LLC

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Satellite Tracking of People LLC - overview

Established

2004

Location

Houston, TX, US

Primary Industry

Telecoms

About

Satellite Tracking of People LLC provides electronic monitoring solutions that assist in reducing recidivism and facilitating the reintegration of justice-involved individuals into society. Satellite Tracking of People LLC, founded in 2004, operates in Houston, US and specializes in electronic monitoring solutions. The company was acquired by Securus Technologies, Inc. , a portfolio company of ABRY Partners, in December 2013.


The founders include Carolina Abarca, Luciano Anatal, and Marketa Martiskova, with Maania Farrar serving as the CEO. To date, the company has engaged in 2 deals, with the most recent deal completed on December 20, 2013, and has raised a total of USD 6. 00 mn, most recently through an investment from JHW Greentree Capital. Satellite Tracking of People LLC specializes in electronic monitoring solutions aimed at supporting justice-involved individuals.


Its key products include the BLU tag® GPS tracking device, the BLU home® RF monitoring system, and the Sober Track® for alcohol monitoring. The BLU tag® is recognized as the first one-piece GPS tracking device in the industry, while the BLU home® enhances radio frequency monitoring with advanced technology. The Sober Track® allows for on-demand remote breath-alcohol testing, providing real-time results. These products cater to law enforcement agencies, community corrections agencies, and governmental bodies throughout the United States, enhancing monitoring efficacy.


Satellite Tracking of People LLC generates revenue through B2B partnerships with law enforcement and correctional agencies. The company employs a subscription model for its electronic monitoring services, which encompass both hardware and software solutions. The revenue structure involves initial hardware acquisition, ongoing service fees for access to proprietary software platforms, and supplementary support services, all integral to their core offerings, including the BLU tag®, BLU home®, and Sober Track®. This established model supports the company’s mission to enhance the success of enrollees within the justice system.


Following its acquisition in December 2013, Satellite Tracking of People LLC plans to leverage its recent funding of USD 6. 00 mn to further develop its electronic monitoring products and enhance service offerings. The company aims to introduce new products designed to meet emerging market needs while expanding its reach into additional geographic regions. Specific markets and regions targeted for expansion have yet to be disclosed, but the company is focused on maintaining its competitive edge in the electronic monitoring sector.


Current Investors

Abry Partners, Securus Technologies, Inc.

Primary Industry

Telecoms

Sub Industries

Government, Electronics, Monitoring & Security Software, Telecoms Equipment

Website

www.stopllc.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Satellite Tracking of People 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-on, Trade SaleCompletedSatellite Tracking of People LLC-

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