SimpliSafe, maker of smart home security systems, signed a definitive agreement to be acquired by GTCR, a private equity firm, from Hellman & Friedman (H&F). Christian Cerda will maintain his position as CEO of SimpliSafe, and SimpliSafe’s founders, Chad and Eleanor Laurans, will remain substantial investors and board members.

GTCR will support SimpliSafe as the company continues to invest in innovative products and services designed to deliver on its mission to keep every home secure and to provide peace of mind to its customers. Together, SimpliSafe and GTCR will pursue a strategy focused on advanced security and expansion.

“From day one, SimpliSafe set out to transform the home security industry with a mission to keep every home secure, and today millions of people trust us to protect them and their loved ones 24/7,” Cerda said. “Over the past seven years, we have had the privilege of partnering with H&F to build upon our strong foundation and shape the future of the industry. Looking ahead, I am excited to partner with GTCR, Chad, and Eleanor to deliver even more advanced security to our customers and keep more people safe than ever before.”

“I’m so proud of what the SimpliSafe team has achieved, challenging the status quo in home security and bringing protection to millions of homes. But I’m even more excited about what's ahead,” C. Laurans said. “With many homes still unprotected, our mission is far from complete. Together with Christian and GTCR, in this next chapter we will expand SimpliSafe’s reach and carry our legacy of innovation forward.”

David Donnini, managing director and head of business and consumer services, GTCR, added, ‘We are excited to partner with the talented team at SimpliSafe and continue to build on their innovative platform. As long-time investors in the security alarm space, we appreciate the compelling customer value proposition offered by SimpliSafe’s vertically integrated model and purpose-built security offerings.”

Tom Ehrhart, managing director, GTCR, said, “We have followed SimpliSafe closely for many years and are thrilled to be partnering with an industry leader at the forefront of customer-centric innovation in the security space. We look forward to supporting the company’s continued growth and evolution.

Adrien Motte, partner, Hellman & Friedman, said, “The transformation inside SimpliSafe over the past seven years has been extraordinary. Together, we’ve redefined home security, shifting the industry from passive alarms to proactive protection, with technology and monitoring that can verify threats and stop incidents before they escalate.”

Stefan Goetz, partner, Hellman & Friedman, added, “It has been a privilege to partner with Christian, Chad and Eleanor, and the talented SimpliSafe team in advancing their mission of ‘making every home secure,’ and we wish them great success as they continue to build the future of U.S. home security.”

SimpliSafe marks GTCR’s fifth investment in the security alarm industry, including prior investments in residential-focused security companies SecurityLink and Protection1, along with commercial-focused security companies HSM and Everon.

The transaction is expected to close in the fourth quarter of 2025, subject to regulatory approvals and customary closing conditions.

J.P. Morgan Securities LLC and Raymond James served as financial advisors to SimpliSafe. Goodwin Procter LLP served as legal counsel to SimpliSafe and Chad and Eleanor Laurans. Kirkland & Ellis LLP provided legal counsel to GTCR. Simpson Thacher & Bartlett LLP provided legal counsel to Hellman & Friedman.