Dunes Point Capital, LP Announces Control Investment in NextGen Security, LLC

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Sep 07, 2022, 07:00 ET

RYE, N.Y., Sept. 7, 2022 /PRNewswire/ -- Dunes Point Capital, LP ("DPC") has made a controlling investment in NextGen Security, LLC ("NextGen"). Located in Exton, PA, NextGen is an electronic security integration company that provides technology solutions such as access control and video surveillance to commercial and industrial clients in diverse and complex end markets. NextGen has facilities in Exton, PA and Houston, TX and serves clients across the United States. The Company employs approximately 125 people. For more information, please visit www.nextgensecured.com.

Dunes Point Capital Fund II, LP provided the controlling equity for the transaction. The debt for the transaction was provided by M&T Bank.

Polsinelli served as legal advisor to DPC.

About DPC: DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more information, please visit www.dunespointcapital.com.

About NextGen: Located in Exton, PA, NextGen is an electronic security integration company that provides technology solutions such as access control and video surveillance to commercial and industrial clients in diverse and complex end markets. NextGen's comprehensive suite of services encompasses all facets of a facility's security system, including consultation, design, installation, integration, training, and aftermarket support. NextGen has facilities in Exton, PA and Houston, TX and serves clients across the United States. The Company employs approximately 125 people. For more information, please visit www.nextgensecured.com.

SOURCE Dunes Point Capital, LP