Buyout (LBO, MBO, MBI) • Safety/Security

Armory Capital Acquires Westnet

On August 17, 2023, family office Armory Capital acquired safety/security company Westnet

Acquisition Context

This is Armory Capital’s 1st transaction in the Safety/Security sector.
This is Armory Capital’s 8th transaction in the United States.
This is Armory Capital’s 1st transaction in California.

Explore All 270 Buyout (LBO, MBO, MBI) Safety/Security Deals - Search the Database Free

M&A Deal Summary
Date	August 17, 2023
Target	Westnet
Sector	Safety/Security
Buyer(s)	Armory Capital
Deal Type	Buyout (LBO, MBO, MBI)

Target Company

Westnet

Huntington Beach, California, United States

Westnet is a provider of fire station alerting and specializes in the development of innovative solutions to streamline the dispatch process and instantly transmit mission-critical information directly to first responders. Westnet’s solutions are used in thousands of police and fire dispatch centers, military and civilian fire stations, and airports nationwide. Westnet is based in Huntington Beach, California.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Armory Capital

Investor

Category	Family Office
Founded	2009
Size	Small
Type	Sector Agnostic

DESCRIPTION

Armory Capital is a lower middle-market private investment firm. Armory looks to invest $10 to $50 million in growth companies with at least $10 million in revenues. Target transaction situations include management buyouts, shareholder liquidity needs, ownership transitions, and growth capital financings. Sectors of interest include agriculture, business services, consumer products, financial services, healthcare services, manufacturing, media, and transportation. Armory Capital was formed in 2009 and is based in Champaign, Illinois.

Deal Context for Buyer	#
Overall	8 of 8
Sector: Safety/Security	1 of 1
Type: Buyout (LBO, MBO, MBI)	3 of 3
State: California	1 of 1
Country: United States	8 of 8
Year: 2023	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-09-08	Envisage Technologies Bloomington, Indiana, United States Envisage Technologies provides training software solutions for military commands, federal law enforcement academies, and state law enforcement and public safety sectors in the United States. Envisage Technologies was founded in 2001 and is based in Bloomington, Indiana.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2021-09-08

Envisage Technologies

Bloomington, Indiana, United States

Envisage Technologies provides training software solutions for military commands, federal law enforcement academies, and state law enforcement and public safety sectors in the United States. Envisage Technologies was founded in 2001 and is based in Bloomington, Indiana.

Sell

Explore Related M&A Activity

Safety/Security M&A - Buyout (LBO, MBO, MBI) M&A Deals - California M&A - United States M&A - 2023 M&A