#USA #New York #Sentrycs #TREO Asset Management #CUAS Technology

TREO Asset Management Announces Successful Exit from Sentrycs

In a significant move, TREO Asset Management, a registered investment advisor under the SEC, has announced its successful exit from the investment in Sentrycs, a leading developer of Counter-Unmanned Aerial Systems (CUAS) technology and systems. This transaction with Ondas Holdings marks a pivotal moment for TREO, showcasing the successful strategic initiatives that have revitalized Sentrycs since its acquisition.

In December 2022, TREO acquired Sentrycs from insolvency, a challenging situation that required not just financial backing but also strategic guidance. Over the last three years, TREO has worked hand-in-hand with Sentrycs' leadership to implement cutting-edge technology, integrating artificial intelligence and machine learning into their research and development processes. This focus on innovation has led to the successful commercialization of their core CUAS products.

During TREO's stewardship, Sentrycs emerged as a global leader in the CUAS sector, developing a highly competitive product lineup and establishing a substantial network of customer relationships and opportunities. The culmination of these efforts resulted in an impressive expansion trajectory, paving the way for the successful exit to Ondas Holdings.

Finbarr O'Connor, the Chief Investment Officer and co-founder of TREO Asset Management, voiced his enthusiasm regarding the transaction, stating, "Together, we have built a world-class company at the forefront of CUAS innovation. We are confident that the business is well-positioned for its next phase of growth under new ownership, particularly given the visible robust expansion of the global CUAS market."

Howard Berkowitz, an Operating Partner at TREO and Chairman of Sentrycs, expressed pride in the transformation the company underwent during TREO’s management. He stated, "TREO is proud to have led Sentrycs' incredible transformation over the last three years supported by exceptional company leadership. We look forward to seeing the company continue to grow at a record pace and watch its groundbreaking and life-saving technologies used all over the world under its new ownership."

This transition to Ondas Holdings is not only a testament to the hard work over the last few years but also an indicator of the growing importance of CUAS technologies in today’s dynamic environment. The increasing demand for aerial defense mechanisms has carved out a significant segment within the technology landscape, and Sentrycs is well-positioned to capitalize on this growth.

TREO Asset Management received comprehensive guidance during this transaction from a distinguished team, including Ronen Kantor, Sonny Knaz, and Omri Alter from Amit Pollak Matalon Co (APM Law Israel), along with Mark Selinger and Drew Altman from Greenberg Traurig. William Blair acted as the exclusive financial advisor for TREO during this pivotal deal.

With TREO’s foundation laid down for Sentrycs, industry observers can anticipate further advancements in CUAS technologies that promise to enhance aerial safety and security measures globally. As Sentrycs embarks on this new chapter under Ondas Holdings, the expectations for upcoming innovations remain high, fortifying its legacy in the tech sector.

As TREO Asset Management continues its mission to support challenging investment situations around the globe, this success story with Sentrycs exemplifies their strategic vision and commitment to fostering innovation within the investment landscape.