M&A Deal Summary

ABS Capital Partners and Egis Capital Partners Acquire Alarm.com

On February 17, 2009, private equity firms ABS Capital Partners and Egis Capital Partners acquired safety/security company Alarm.com from MicroStrategy for 28M USD

Acquisition Highlights
  • This is ABS Capital Partners’ 1st and Egis Capital Partners’ 4th transaction in the Safety/Security sector.
  • This is ABS Capital Partners’ 4th and Egis Capital Partners’ largest (disclosed) transaction.
  • This is ABS Capital Partners’ 29th and Egis Capital Partners’ 4th transaction in the United States.
  • This is ABS Capital Partners’ 4th and Egis Capital Partners’ 1st transaction in Virginia.
Investment Fate
  • Alarm.com went public in 2015.

M&A Deal Summary

Date 2009-02-17
Target Alarm.com
Sector Safety/Security
Buyer(s) ABS Capital Partners
Egis Capital Partners
Sellers(s) MicroStrategy
Deal Type Divestiture
Deal Value 28M USD

Target

Alarm.com

Tysons, Virginia, United States
Alarm.com's office in Bloomington, Minnesota.
Alarm.com's office in Bloomington, Minnesota.
Alarm.com is a provider of cloud-based services for remote control, home automation and monitoring services. Alarm.com's multi-tenant software-as-a-service, or SaaS, platform enables home and business owners to intelligently secure their properties and automate and control a broad array of connected devices through a single, intuitive user interface. Alarm.com was incorporated in 2000 and is headquartered in Tysons, Virginia.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

ABS Capital Partners

Hunt Valley, Maryland, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1990
PE ASSETS 2.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

ABS Capital Partners is a private equity firm that invests in later-stage growth companies in the healthcare, technology, business services, media and communications sectors. ABS provides capital to help fund growth, provide shareholder liquidity, pursue acquisitions, or to effect a management buyout. The Firm prefers US based business and will consider both majority and minority positions. ABS looks to commit $10 to $30 million per transaction. ABS Capital was formed in 1990 and has offices in Baltimore, Maryland; Waltham, Massachusetts; and San Francisco, California.


DEAL STATS #
Overall 29 of 64
Sector (Safety/Security) 1 of 2
Type (Divestiture) 1 of 3
State (Virginia) 4 of 5
Country (United States) 29 of 63
Year (2009) 2 of 7
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-10 Payspan

Jacksonville, Florida, United States

Payspan provides payment solutions for health plans and providers seeking to increase provider adoption of electronic payments, engage patient members, and accelerate quality care. Payspan was founded in 1984 and is based in Jacksonville, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-05 Zoom Media

New York, New York, United States

Zoom Media Corp. is a targeted lifestyle media company which operates, through its subsidiaries, indoor networks in over 10,000 venues including restaurants and nightclubs, fitness centers, college and university campuses, indoor soccer facilities, bowling centers, indoor parking facilities, family entertainment centers, medical clinics and hospitals, major retail stores and golf courses that reach specific target audiences. Zoom Media also has in-house research, creative services, and an event marketing department that constructs custom media placements and marketing programs. With over 25,000 digital screens and over 55,000 billboard locations across North America, Europe and Australia, Zoom Media reaches over 200 million monthly viewers.

Buy -
Buyer

Egis Capital Partners

Summit, New Jersey, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
Size Small
Type Sector Focused
DESCRIPTION

Egis Capital Partners LLC is a specialist private equity firm focused on opportunities in defense and homeland security. Egis has a target investment size of $10 to $80 million and is willing to act either as the lead investor or is willing to co-invest with larger funds on prospective transactions. Specific areas of interest include physical security services (systems integration, guard services, alarm monitoring, cash services); identity solutions (background screening, investigation services,biometrics, smart cards); and IT security (IT consulting, vulnerability assessment, application security, storage security). Egis Capital Partners LLC was formed in 2008 and is based in New York.


DEAL STATS #
Overall 4 of 15
Sector (Safety/Security) 4 of 6
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 4 of 15
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-24 North American Video

Brick, New Jersey, United States

North American Video is a provider of integrated security solutions to markets including gaming, education, corporate campuses, multi-family housing, transportation, critical infrastructure, government, healthcare, financial, and retail. North American Video was founded in 1995 and is based in Brick, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-01 FreightWatch International

Austin, Texas, United States

FreightWatch International Ltd. is a logistics security services company that provides technology-enabled services to large multi-national corporations that transport high-value cargo over the road. FWI uses a combination of covert tracking devices, along with other risk mitigation techniques and services, to minimize loss from cargo theft.

Buy -

Seller(S) 1

SELLER

MicroStrategy

Tysons Corner, Virginia, United States

Category Company
Founded 1989
Sector Software
Employees1,851
Revenue 496M USD (2023)
DESCRIPTION

MicroStrategy is a provider of enterprise software platforms. The Company looks to provide a flexible, powerful, scalable, and user-friendly analytics and identity management platforms, offered either on premises or in the cloud. MicroStrategy was founded in 1989 and is based in Tysons Corner, Virginia.


DEAL STATS #
Overall 1 of 2
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 2
State (Virginia) 1 of 2
Country (United States) 1 of 2
Year (2009) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-26 Angel.com Incorporated

Vienna, Virginia, United States

Angel is a provider of cloud-based self-service contact center solutions. With the Angel platform organizations can deploy self-service interactive voice response (IVR), SMS, chat, and mobile applications to support their customers’ self-service needs.

Sell $110M