Majority Share of DIY Company SimpliSafe Acquired by Hellman & Friedman
SimpliSafe, a provider of DIY home security, announced that funds affiliated with Hellman & Friedman LLC have entered into an agreement to join forces with SimpliSafe CEO and Founder Chad Laurans to accelerate the company’s growth and expansion of the home security market.
The company calls itself “one of the country’s largest and fastest growing home security providers,” and claims to be now protecting more than 2 million Americans.