Graham Partners Enhances Becklar's Growth Through Strategic Investment
Graham Partners Bolsters Becklar's Strategic Growth
In a significant development for the safety and monitoring solutions sector, Becklar has announced that it will welcome Graham Partners as its new lead investor. This partnership not only marks a pivotal moment for Becklar but also reinforces the company's commitment to providing state-of-the-art connected safety solutions. Graham Partners, known for its impressive track record of supporting technology-driven firms, brings over 40 years of expertise in various domains including fire security detection, live video surveillance, and personal emergency systems.
Becklar's portfolio, which includes advanced solutions for critical event monitoring and lone-worker safety, has positioned it as a trusted name in the industry. The company has developed a comprehensive ecosystem that features a patented AI-driven engagement platform and maintains a vast network of eight redundantly located central stations across the U.S. and Canada. This network emphasizes Becklar's ability to deliver reliable solutions, enhancing the safety of individuals, businesses, and communities alike.
Steve Richards, CEO of Becklar, expressed excitement about this new chapter, stating, "We are thrilled about our partnership with Graham, as it will significantly enhance our ability to innovate, expand into new markets, and deliver unmatched value to our partners across North America and Europe." With this backing, Becklar aims to deepen its reach in critical event monitoring and explore additional markets and applications, further establishing its leadership in the connected safety sector.
The investment aligns with Graham Partners' focus on companies driving innovation and leaving significant impacts on advanced manufacturing and technology. By leveraging Graham's strategic resources and operational experience, Becklar is poised to accelerate its growth trajectory and pursue opportunities in adjacent business segments.
"Becklar's commitment to enhancing safety through innovative technologies makes it a perfect fit for our portfolio," remarked Rob Newbold, Managing Principal at Graham Partners. "Collaborating with the talented Becklar team is an exciting opportunity to build on their strong foundation and explore avenues for the next phase of growth and innovation."
Moving forward, Becklar will maintain its operations from its headquarters in Ogden, Utah, with its existing leadership team intact. The integration of Graham Partners is seen as a major step towards advancing Becklar's mission of providing outstanding service and breakthrough solutions in connected safety technologies.
Justin Garrison, Managing Director at BV, noted the success the company has experienced with Becklar, stating, "Our collaboration with Becklar has helped scale the business and enter new markets, and we are confident that Graham will be a fantastic partner to help capture further opportunities in the future."
While the specific financial details of this transaction remain undisclosed, the collaboration marks a promising new phase for Becklar. Baird acted as the exclusive financial advisor, while Choate served as legal counsel in this strategic partnership.
About Becklar LLC
Becklar is at the forefront of connected safety solutions, delivering a robust suite of life-saving technologies tailored for both enterprises and individuals. The company’s innovative technology and award-winning services are designed to cater to various industries, providing solutions in video remote guarding, personal health safety initiatives, and critical event response monitoring.
About Graham Partners
Founded in 1988, Graham Partners is a private investment firm dedicated to technology-driven companies that foster innovation in advanced manufacturing and other sectors. With over 160 successful transactions to its name, the firm focuses on elevating its portfolio companies through strategic investments and operational expertise.
Through this synergistic partnership, both Becklar and Graham Partners look forward to shaping a safer tomorrow, reinforcing their positions at the forefront of technology and safety.