Ackerman Security acquired by private equity firms

April 1, 2015
CEO says investment will help company build on its success

Toronto-based private equity firm Imperial Capital Group, along with its partner OPTrust Private Markets Group, announced on Wednesday that it has completed an investment in Ackerman Security Systems.

"Security has shown itself to be a growing and resilient industry, and the last several years have seen developments that are further accelerating this growth," stated Glen Silvestri, the lead partner from Imperial Capital on the transaction. "Ackerman's highly talented management team has developed a unique business model that has them well positioned to continue to exploit these trends."

Founded in 1976, Ackerman provides security system installation and monitoring service to customers in the metropolitan Atlanta and Washington, D.C. areas.

"The company has seen tremendous success over the past decade," said Jim Callahan, Ackerman's CEO, "and the additional capital and support provided by Imperial Capital and OPTrust Private Markets Group positions us well to continue to build on that success." 

Ackerman is Imperial Capital's fifth investment from Imperial Capital Acquisition Fund V. 

Sandra Bosela, co-head, managing director and global head of private equity at OPTrust said: "With its long history of success, Ackerman is able to leverage its competitive strengths to deliver exceptional customer experiences to its growing subscriber base. We look forward to working alongside Imperial and the management team at Ackerman as they continue to execute on their successful business model."

Jeff Rosenthal, managing partner and co-founder of Imperial Capital added: "We are very pleased to once again partner with OPTrust Private Markets Group on such an attractive investment."