Graham is on High Alert with Latest Investment
December 11th, 2024
PHILADELPHIA
Completes Investment in Becklar, Provider of Advanced Monitoring and Emergency Response Solutions
PHILADELPHIA, December 10, 2024 – Graham Partners, a private investment firm targeting advanced manufacturing and industrial technology companies, is pleased to announce its investment in Becklar, LLC (“Becklar”). Headquartered in Ogden, Utah, Becklar specializes in delivering advanced monitoring and emergency response solutions, addressing critical needs such as personal health and safety, fire and burglary protection, remote video monitoring, and workforce safety across diverse industries. Becklar’s technology-enabled solution ensures immediate response when it matters most; with full-time coverage across ~1.9 million end customers, the company is capable of monitoring nearly any critical event.
As monitoring becomes more technologically complex, customers increasingly seek technology-forward, outsourced monitoring providers of scale, such as Becklar, which Graham believes positions the company for outsized growth across end markets. Graham views Becklar as a leader in outsourced critical event monitoring, with impressive operating scale across the US and Canada, combined with a continually improving, AI-enabled technology platform that allows Becklar to serve customers more efficiently and accurately.
Graham identified Becklar as a premier asset in the space given its scale, unique technology and capabilities offered across multiple fast-growing end markets, and runway for future growth. The company is benefiting from a number of tailwinds that are driving the need for more advanced monitoring capabilities across end markets, including an aging population, heightened regulatory requirements, and a focus on workplace safety and loss prevention.
Graham has prior experience with safety and security technology through its investments in Gatekeeper and Tidel, as well as experience investing in providers of mission-critical outsourced monitoring solutions selling through a recurring revenue model, including investments like OptConnect. Rob Newbold, Managing Principal at Graham Partners, said, “We are excited to partner with Becklar and its management team to leverage our prior experience and network of advisors in the safety and security space to continue the company’s impressive growth.” Steve Wittmann, Vice President at Graham Partners, added, “We see a number of exciting growth opportunities for Becklar, including targeted end market expansion, continuing the company’s track record of complementary add-on acquisitions, and investing behind the organic growth tailwinds in the company’s current end markets.”
Becklar management and existing private equity partner BV Investment Partners have both rolled substantial ownership stakes and welcome Graham as the new lead investor.
About Graham Partners
Graham Partners is a private investment firm focused on investing in technology-driven companies that are spurring innovation in advanced manufacturing, resulting in product substitutions, raw materials conversions, and disruptions to traditional end markets. Graham Partners can offer control or minority capital solutions and typically targets companies with EBITDA up to $50 million. Since the firm’s founding in 1988 by Steven Graham, Graham Partners has closed over 160 acquisitions, joint ventures, financings, and divestitures. The committed capital raised since inception through the Graham Partners funds together with Graham-led co-investments totals approximately $6.4 billion as of September 30, 2024, pro forma for subsequent events, which differs from Graham’s Regulatory Assets Under Management of approximately $4.0 billion as of September 30, 2024. Investors include high-net-worth individuals, college and university endowments, foundations, pension plans, insurance companies, funds-of-funds, and other institutional investors. Based in suburban Philadelphia, the firm has access to extensive operating resources and industrial expertise and is a member of The Graham Group, an alliance of independent operating businesses, investment firms and philanthropic entities, which all share in the common legacy of entrepreneur Donald Graham.
Becklar creates leading connected safety solutions for enterprises and individuals, delivering a comprehensive suite of lifesaving and life-enhancing technologies. Becklar leverages its platform of innovative technology and services to create customizable and comprehensive solutions to meet the connected safety needs of their enterprise and individual customers across diverse industries, including video remote guarding, personal emergency response solutions, workforce safety, personal health & safety, vitals monitoring and critical event response monitoring.
FOR FURTHER INFORMATION CONTACT:
Rob Newbold (rnewbold@grahampartners.net)
Christina Morin (cmorin@grahampartners.net)
Tel: (610) 408-0500
This press release is for informational purposes and is not an offer to sell, or a solicitation of an offer to buy, securities in the United States or elsewhere. Graham Partners is not utilizing this release to provide investment or other advice, and no information disclosed therein is to be relied upon for the purpose of making investment decisions. Past performance does not guarantee future results and any transactions described are included as representative transactions and are not necessarily reflective of overall performance. It should not be assumed that any investment described herein was or will be profitable. There can be no assurance that historical trends will continue. Graham Partners' market characterization is based on subjective determinations that it believes reasonable but others may disagree with such characterization. There is no guarantee that Graham Partners' initiatives will drive value for its investments or accelerate growth or lead Graham Partners' investments to become profitable.