SDI Closes Additional Investment with Premiere Private Equity Firms
Positions Public Sector Systems Integration Firm for International Growth
CHICAGO, June 6, 2012 /PRNewswire/ -- SDI (System Development.Integration, LLC), a national systems integrator specializing in advanced security technologies and infrastructure, announces that it has closed an additional investment with private equity firms LLR Partners and Monument Capital Group. The investment will fund the firm's continued growth in the public sector technology market through acquisitions and expansion of its footprint globally.
"The caliber and depth of both human and capital resources that will be brought to bear by these firms present an amazing opportunity for SDI, its stakeholders and clients to maximize their organizational potential," states David A. Gupta, Founder and CEO of SDI.
For more than twenty years, SDI has been the trusted technology provider for large organizations with public-facing critical operations. Focused on the state and local government market, the firm is well-regarded for its ability to rapidly deliver complex, large-scale application and infrastructure deployments under tight time constraints. SDI has specific expertise in public safety and homeland security solutions, with deep experience in designing, building and operating state-of-the-art command centers, Physical Security Information Management (PSIM) systems, video surveillance systems, and various other technologies. SDI's client portfolio includes some of the nation's largest airport systems, water utilities, toll authorities, public school systems, 911 centers and public transit systems.
"We are excited about our partnership with Monument and our collective investment in SDI," said David Stienes, Partner on the Business Services investment team at LLR Partners. "The company is run by an exceptional management team with a long history of delivering cutting-edge solutions and building lasting relationships with customers. Already on an impressive growth path, SDI faces significant opportunities to lead additional, major infrastructure improvements across the public sector."
The co-investors additionally complement SDI's growing network of industry advisors and vendor partners by creating a hands-on Advisory Board featuring extensive domestic and international experience to draw upon in driving global government market growth.
"As the security industry continues to blend software and information systems with cameras, sensors, and other hardware devices, customers with complex security needs come to depend on experts like SDI for strategic advice and guidance as well as operational support," states Jason Rigoli, Managing Director at Monument Capital Group. "We are in the early stages of a technology revolution in the security industry where smart devices and analytical software are increasing the effectiveness of critical infrastructure protection while driving down the cost. Trusted advisors with deep competencies in these technical domains are needed on a global scale. We see the need in every country in which we operate."
About SDI
SDI is a national systems integrator that delivers advanced technology systems and infrastructure for organizations with public-facing, critical operations, specializing in public safety and homeland security solutions. With substantial public sector experience, SDI provides vendor-independent advisory services, technology delivery and SmartSourcing(SM) long-term support to our nation's critical environments to achieve a higher level of security, increase productivity and reduce operating costs. For more than 20 years, SDI embodies the technical breadth, depth of talent, and complex systems experience of a national, top-tier systems integrator - with a reputation of sticking with our projects until our obligations are met and our clients are successful. Visit us at www.sdienterprises.com.
About LLR Partners
LLR Partners, a leading private equity firm based in Philadelphia, PA, provides capital to middle market growth companies with proven business models in a broad range of industries including financial, health care and business services, information technology, and education. With over $1.4 billion under management, LLR is flexible in its approach, taking minority or majority positions, and investing in transactions ranging from expansion and growth capital to recapitalizations and buyouts. Visit http://www.llrpartners.com/.
About Monument Capital Group
Monument Capital Group is a private equity firm headquartered in Washington DC with offices in Ankara, London and New Delhi. Founded by former Carlyle executive Robert Dunn and former White House Special Assistant Douglas Baker, MCG focuses on investments in the Global Security and National Defense sectors. The MCG team boasts extensive domestic and international experience within its focused sector. MCG benefits from the support of a hands-on Advisory Board that includes some of the top minds with extensive domestic and international experience to draw upon in understanding the intricate factors driving commercial and governmental growth globally. The Board includes: Former Secretary of State and former Treasury Secretary James A. Baker III, the Chairman Emeritus of the Carlyle Group and former Secretary of Defense, Frank C Carlucci, Mustafa Koc, Chairman of Koc Holdings, Turkey's largest conglomerate and Thomas F McLarty III, former White House Chief of Staff. Visit http://www.monumentcapitalgroup.com/.
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