Brivo and Eagle Eye Networks Announce $192M Investment – One of the Largest Ever in Cloud Physical Security

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SECOM CO., LTD, a $15B enterprise and one of the largest security integration companies in the world, invests in the two global cloud physical security leaders, accelerating the use of AI and improving safety and security

AUSTIN, Texas, BETHESDA, Maryland — May 17, 2023

Eagle Eye Networks, the global leader in cloud video surveillance and Brivo, the global leader of cloud-based access control and smart space technologies, today announced one of the largest investments to date in cloud physical security. SECOM CO., LTD, one of the largest security integration companies in the world, according to Forbes Global 2000, has made a primary equity investment of $192 million in the two companies, $100M in Eagle Eye Networks and $92M in Brivo.

“The SECOM investment underscores that cloud and AI are the future of physical security,” said Drako. “Both Eagle Eye and Brivo will use a significant portion of the investment to further develop AI that dramatically improves the security of enterprises and businesses globally. The Eagle Eye and Brivo open platforms provide customers with choice, efficiencies, and innovation, all of which this investment will accelerate.”

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Shields Business Solutions and Egis Capital Partners Announce Partnership

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Shields’ commitment to providing best-in-class banking and cash logistics solutions for the financial community supported with relationship

MOORESTOWN, N.J., Nov. 21, 2022 /PRNewswire/ — Shields Business Solutions (“Shields”), a provider of ATM service, cash-in-transit and cash logistics solutions for the financial community, and Egis Capital Partners, a private equity firm focused on the Safety, Security and Protection industry, announced today a new strategic partnership. The agreement brings together Shields’ extensive team of specialized bank products and cash services professionals with the strategic investment and financial backing of Egis Capital Partners. The partnership strengthens the position of Shields in contributing to driving the digital transformation and operational efficiency of the financial community forward and creating greater value for Shields’ customers.

With over 50 years of experience, Shields has been a market leader in comprehensive ATM and advanced cash solutions, building its record of service quality and deep industry expertise since 1970. Shields works with top manufacturers and partners to deploy solutions that range from basic implementations to advanced, core-connected interactive technology projects for best-in-class service and increased uptime for their customers.

“We are thrilled to have found the right partner in Egis Capital. Leveraging Egis’ industry experience will assist us as we continue to expand our business within our existing footprint and look to broaden our service offerings as we enter new geographies,” said Mark McGrath, President of Shields.

Robert Chefitz, founder and managing partner of Egis Capital Partners added, “Shields’ customer-first approach and its complete offering of cash logistics solutions that connects bank branches to retail sites, place them in a unique position to play an important role in the delivery of cash-based banking solutions in this digital environment. We are excited to support the team led by industry veterans Mark McGrath, President and Tom Raftery, Chief Operating Officer, to accelerate growth and expand Shields’ footprint.”

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Brivo, Worldwide Leader in Cloud-Based Physical Access Control, Appoints New Chief Financial Officer

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appointment of Mike Voslow as Chief Financial Officer (CFO), effective July 5, 2016. Mike joins Brivo with over 30 years of experience in both public and private finance and accounting.

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Brivo Launches Brivo Mobile Pass to Open Doors Using Smartphones

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Brivo Inc, the worldwide leader in cloud-based physical access control systems, today announced the release of Brivo Mobile Pass, a digital credential solution that lets users unlock doors with their smartphones. As an enhancement to the existing Brivo OnAir® access control system, customers can immediately distribute mobile credentials to their entire user population without any on-premise equipment changes.

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