M&A Deal Summary

Kings III Acquires ESRM Communications

On August 15, 2019, Kings III acquired communications company ESRM Communications

Acquisition Highlights
  • This is Kings III’s 1st transaction in the Communications sector.
  • This is Kings III’s 1st transaction in the United States.
  • This is Kings III’s 1st transaction in Florida.

M&A Deal Summary

Date 2019-08-15
Target ESRM Communications
Sector Communications
Buyer(s) Kings III
Deal Type Add-on Acquisition

Target

ESRM Communications

Pompano Beach, Florida, United States
ESRM Communications LLC has built its business with a focus on cellular elevator phone solutions. ESRM provides full service and installations for elevator phones and elevator cameras throughout the state of Florida with a goal of providing cost-effective solutions that ultimately help end-users and elevator companies meet the strict elevator code and also enhance the elevator passenger experience.

Search 214,877 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Kings III

Coppell, Texas, United States

Category Company
Founded 1989
Sector Business Services
DESCRIPTION

Kings III is a provider of all-inclusive emergency monitoring solutions for elevators and pools across North America. The company designs, engineers, and manufactures its monitoring equipment, as well as runs a state-of-the-art 24/7 emergency dispatch center staffed with certified emergency responders. With over three decades of service, it is a critical enabler of the elevator infrastructure in the U.S. and Canada. Kings III was established in 1989 and is based in Coppell, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1