EATONTOWN, N.J., April 13, 2015 /PRNewswire/ — MidCap Equity Partners, LLC ("MidCap"), in conjunction with management and industry experts, today announced the acquisition of MSA Systems Integration, Inc. ("Integration"), one of the top systems integrators in North America.
Integration's president, James Hennessy said, "We are very excited about the future of our company. Being part of MSA Security provided us an incredible opportunity to expand our geographic footprint. Now, as an independent company, we will be able to directly reward our team members in continuing our growth and providing our customers with superior service and solutions."
MidCap's co-founder, John Poppe Jr. said, "We are highly selective in the transactions we pursue. This is an excellent opportunity for us to partner with a very strong team and co-invest with an impressive group of industry leaders, including Kevin Mulligan, co-founder of Mulligan Security, Raymond Dean, former President of PEI Security, and David Hickson, owner of Access Commercial Door. We are very impressed with the company's annual revenue growth rate of over 30% since 2009 and future opportunities the company has identified for continued growth."
MSA Systems Integration, Inc. is a leading provider of the design, installation, service and maintenance of access control systems, intrusion detection systems, and closed circuit television systems throughout the United States. For more information, seewww.msasi.net.
MidCap Equity Partners, LLC, is a New York City-based firm that partners with talented management teams to acquire middle-market companies. MidCap tailors its unique combination of operational, strategic and financial resources with management's vision to obtain optimal results. For more information, please see www.midcapequity.com.
Contacts:
MSA Systems Integration, Inc.
James Hennessy, President at (732) 544-8444
MidCap Equity Partners, LLC
John D. Poppe, Jr, Partner at (212) 722-7163