Minuteman Security Technologies Partners With Prospect Partners
Minuteman Security Technologies Inc., ranked No. 38 on SDM’s Top Systems Integrators Report, partnered with Prospect Partners LLC, a Chicago-based private equity firm. The company reported the investment from Prospect Partners and management, led by Minuteman’s CEO Joseph Lynch and COO and President George Yannakopoulos, will support the company’s internal growth and national expansion.
Founded in 1988 and headquartered in Andover, Mass., Minuteman is a provider of enterprise security technology solutions. The company’s security systems are used by a wide range of organizations throughout the U.S.
“A national presence is key to both our growth and diversification strategies and to providing superior security systems with the high-touch customer service for which we have become well-known,” Lynch said. “As we execute our plan, we look forward to the expertise, capital support, and partnership of Prospect Partners, which has a long history of growing other companies with similar business models. We are eager to introduce exciting proprietary products, like our new TransitSentry mobile city surveillance system, the most advanced public safety solution available, to new customers across the nation.”
Minuteman’s offering includes video surveillance, access control systems, emergency communications, intrusion detection systems and public safety security solutions. Minuteman partners with the best-of-class manufacturers to design, install and maintain complex security solutions for its customers, the company reported.
“Minuteman is a dominant niche systems integrator with a great brand name, exceptional product lines and an excellent reputation for service quality,” said Brett Holcomb, a principal of Prospect Partners. “Over the years, the company has consistently been recognized for its services, innovation and growth.”