We are excited to have a strong financial partner in ZS to help accelerate our growth. SOS has grown into a global leader in our industry, and the resources that ZS brings to the table will make SOS an even stronger company.
Parsippany, NJ (PRWEB) January 14, 2013
SOS Security LLC (SOS), a leading provider of security service solutions, announced today that ZS Fund L.P. (ZS) and SOS’s management have recapitalized SOS. The partnership with ZS will allow SOS to accelerate its growth through expansion of its global client footprint, as well as strategic acquisitions in a variety of vertical markets. Terms of the transaction were not disclosed.
Established in 1969, SOS has been at the forefront of managing security concerns for its clients for over five decades. SOS serves clients in a wide range of industries including: telecommunications, utilities, pharmaceuticals, entertainment, financial services, government, healthcare, retail, real estate and education. SOS provides a broad array of security services including uniformed security officer, executive protection, security concierge/receptionist, consulting and investigations. The Company provides the highest level of service, responsiveness, integrity and professionalism through its approximately 4,500 security personnel serving clients throughout 50 U.S. States, Canada and international markets such as Brazil, where the Company provides security services to the U.S. Embassy and Consulates, as well as other global companies.
“We are excited to have a strong financial partner in ZS to help accelerate our growth. SOS has grown into a global leader in our industry, and the resources that ZS brings to the table will make SOS an even stronger company,” stated SOS Chairman and CEO Eddie Silverman.
Bob Horne, a partner at ZS Fund added, “We are thrilled to have invested in one of the leading companies in the security industry. We invested in SOS because of its unique ability to provide its clients the global security solutions of a large company, while maintaining the responsiveness and CEO level attention of an owner-operated business. We look forward to working with Eddie Silverman, Ken Fisher, Barry Frank and the rest of the SOS team to continue to build upon SOS’s history of success.”
About ZS Fund
ZS is a private equity firm specializing in investments in middle market companies in partnership with management. The firm seeks to invest in recapitalizations, industry consolidations, buyouts and management and ownership transitions in privately-held businesses and closely-held public companies. ZS focuses on investing in business and consumer services, distribution and light manufacturing companies. ZS Fund L.P. was founded in 1985 and is based in New York, New York. For more information ZS, visit http://www.zsfundlp.com.