Siris Enters into Agreement to Acquire BearCom, a Premier Distributor & Integrator of Voice, Video & Data Solutions
NEW YORK and GARLAND, Texas, Nov. 27, 2023 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced a definitive agreement to acquire BearCom, a leading North American solutions provider of wireless communications and security technologies, from Bertram Capital, a middle market private equity firm headquartered in Foster City, California. Terms of the transaction were not disclosed.
- BearCom has more than 1,000 employees, including 350+ in its service workforce across the United States and Canada.
- These highly trained technicians deliver engineered product solutions and value-add technical services to ensure safety and security throughout the equipment lifecycle.
- With more than 60 branch locations, BearCom serves as the world's largest integrator of Motorola's two-way radio systems.
- Piper Sandler and BlackArch Partners served as financial advisors and Hirschler LLP served as legal advisor to BearCom and Bertram Capital.