Dunes Point Capital Sells NextGen Security to Apax Partners
Dunes Point Capital (DPC) has sold its portfolio company, NextGen Security LLC, an end-to-end integrator of electronic security systems for complex and regulated facilities. The acquisition was made by funds advised by Apax Partners LLP. NextGen operates in industrial, healthcare, education, and commercial markets across eight locations based out of Exton, Pennsylvania. William Blair & Company, L.L.C., Raymond James & Associates, Inc., Polsinelli PC, and Alvarez & Marsal Global Transaction Advisory Group provided advisory services for the transaction on behalf of DPC. As a private investment firm focused on general industrial and business service sectors with enterprise values up to $1 billion, this sale aligns with DPC's strategy. The deal reflects continued activity in the security integration sector as well as strategic exits by private equity firms.
Topics: Mergers & Acquisitions Private Investment Security Systems