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MonitoringVideo SolutionsColumnsSDM NewswireInsider News & Business

The Edmonds Group Advises Eyewitness Surveillance on Private Equity Investment

The Edmonds Group Advises Eyewitness Surveillance on Private Equity Investment
October 18, 2016

Eyewitness Surveillance announced that LLR Partners invested in its business to help build on existing momentum and support the company’s operations. The Edmonds Group acted as exclusive advisor to Eyewitness Surveillance on the transaction.

Located in the Baltimore metropolitan area, Eyewitness provides remote interactive video surveillance solutions to mid-size to large automotive dealerships, metal recycling yards and other fixed industrial facilities. Through its monitoring command center, Eyewitness helps clients prevent theft, inventory damage and false claims, eliminating the need for onsite guard services, the company reported.

“LLR is the right partner to help us move our business forward,” said Rush McCloy, CEO of Eyewitness. “The Edmonds Group was instrumental in architecting and driving the process.” R. T. Arnold, president of Eyewitness, added, “Throughout the transaction, Edmonds provided us with the guidance we needed to accomplish a great outcome.”

Mike Levenberg, vice president of LLR Partners said, “We’re pleased to partner with Eyewitness to help take the business to the next level. The Edmonds Group was extremely helpful in working through the transaction details and setting us on the path toward growth opportunities.”

Capital One provided debt financing in support of this transaction. Buchanan Ingersoll & Rooney, sponsor of the annual Barnes Buchanan Security Conference, provided legal representation to Eyewitness.

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