Post Capital Partners has completed a recapitalization of IntraLogic Solutions LLC in partnership with Lee Mandel, founder and CEO of IntraLogic Solutions. Mandel will continue to lead the company as its CEO.
Based in Massapequa, N.Y., IntraLogic Solutions is a national security solutions provider that offers a comprehensive security solution for a range of end markets, with a particular emphasis on school safety. In addition to schools, IntraLogic’s safety and security solutions are applicable wherever people gather, such as shopping malls, hospitals, religious institutions, movie theaters and public transportation.
“We are thrilled to partner with Lee Mandel and IntraLogic Solutions,” said Michael Pfeffer, managing director of Post Capital. “Lee has done a tremendous job of developing advanced technology and software which has allowed IntraLogic to grow quickly over the years and to fulfill a large security void within these institutions. We look forward to working with Lee and the rest of the team to continue to serve schools and public centers to provide a safer environment for all.”
Mandel founded IntraLogic Solutions in 2004 with the mission of solving complex and evolving security challenges through the development of software and the goal of automating and simplifying the security process for its customers.
“IntraLogic Solutions is committed to delivering security solutions to the education market and points of congregation nationwide,” Mandel said. “We are excited to embark on our partnership with Post Capital. Utilizing Post’s experience in the security industry, we will be able to make continued investments in our staff, to accelerate our product development efforts and to continue to expand our distribution channel so we can extend our reach to more clients rapidly and further our commitment to help our customers protect their students and staff.”
“Solving this problem is very complex, as there are multiple technologies that must be tied together. Our software is designed to be flexible so that customers can deploy it in conjunction with legacy systems and customizable so that dealers can add to, expand and really fully integrate their product offering,” said Richie Perna, vice president of business development at IntraLogic. “Our partnership with Post Capital will allow us to extend our partner and dealer program nationwide and to deploy IntraLogic Solutions’ effective and life-saving software to customers faster.”
Brookside Mezzaine Partners provided financing for the transaction, McGuireWoods LLP served as Post Capital’s legal advisors and Crowe LLP served as Post Capital’s financial advisor on the transaction. Post Capital was introduced to the opportunity by Aleutian Capital. Nixon Peabody LLP, Marcum LLP and U.S. Sterling Securities served as advisors to the IntraLogic.