Teakwood Capital Portfolio Company Recognized As “Best Place to Work 2016”

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Teakwood Capital, a Dallas, Texas private equity firm, today announced its portfolio company, Long Range Systems (LRS), has been named a “Best Place to Work 2016” in the medium category by ADDISON – The Magazine.

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The team of employees at LRS is nothing short of exceptional, and we congratulate them on this much-deserved achievement.

Teakwood Capital, a Dallas, Texas private equity firm, today announced its portfolio company, Long Range Systems(LRS), has been named a “Best Place to Work 2016” in the medium category by ADDISON – The Magazine.

For more than 20 years, LRS has developed technology solutions that streamline communications between guests and staff, offering businesses confidence and certainty that operations are running smoothly and guests are well cared for.

“This recognition is particularly meaningful because it signifies what we consider to be a central part of our business strategy – our company culture,” said John Weber, CEO at LRS. “We are dedicated to creating an environment where employees celebrate one another’s successes and are aware of their connection with company milestones. We believe our customers are the beneficiaries of the camaraderie shared internally here at LRS.”

LRS recognizes that hiring and maintaining an innovative, forward-thinking team has greatly contributed to the company’s consistent growth since 1995. It all started with the Original Coaster Pager, where LRS revolutionized the restaurant wait. Today, the company’s mission is to modernize the guest experience with complete mobile and paging solutions, operational applications and customer tracking capabilities.

By closely monitoring the needs of industries including restaurant/hospitality, retail, healthcare, entertainment and manufacturing facilities, and medical offices, LRS has been able to set itself apart as the leader in efficient and accurate guest management solutions.

“We believe in hiring skilled and creative employees and then providing them with space to bring product visions to life. Our employees, across all departments, are encouraged to think critically and provide feedback on what we can improve for our customers. This level of company participation is what has kept LRS on the cutting edge,” said Weber.

While the company has a large international footprint, LRS products can also be found across Addison and North Texas, allowing LRS employees to easily put themselves in customers’ shoes and bring that experience back to headquarters. LRS employees regularly visit Addison-based client locations including Jason’s Deli, Panera Bread and BJ’s Brewhouse.

“The team of employees at LRS is nothing short of exceptional, and we congratulate them on this much-deserved achievement,” said Shawn Kelly, Managing Director at Teakwood Capital. “Receiving this award is further proof of their solid talent, hard work and dedication, which is already highly recognized by clients across the globe.”

About Teakwood Capital
Teakwood Capital is a Dallas, Texas private equity firm that invests in profitable technology-focused companies with revenues below $25 million that are interested in accelerating growth with expansion capital and top-tier talent. The firm typically focuses on companies in Texas and neighboring states, and has deep, hands-on operating experience complemented by an Executive Partner team of successful ex-CXOs working closely with portfolio company management teams to create value through organic revenue growth, operational improvements, and sustainable intellectual property. For more information, visit teakwoodcapital.com.

About Long Range Systems, LLC
Since 1995, Long Range Systems has been dedicated to developing technologies that help service-based businesses provide a better customer experience. Businesses need simple solutions that streamline communications between guests and staff. From messaging devices to guest management applications, LRS provides a better means for managing customer flow. For more information, visit lrsus.com.

About Addison Magazine
Addison and the North Dallas Corridor Media Group is a group of media properties focused on the Addison North Dallas Corridor marketplace. Properties include: ADDISON – The Magazine of the North Dallas Corridor, Addison and the North Dallas Corridor Visitor’s Guide, addisonmagazine.com and Addison The Magazine of the North Dallas Corridor E-News Weekly. For more information, visit addisonmagazine.com.

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Allison Burum
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