LOS ANGELES, CA--(Marketwired - September 08, 2016) - StoneCalibre is pleased to announce that its portfolio company, BMS, has completed the acquisition of Data911, a well-known and highly respected developer and producer of modular information systems used by police departments, fire departments, and EMS customers. Data911's products include in-car computers, in-car HD video systems, license plate recognition systems, body worn cameras, ruggedized computer tablets, and a cloud-hosted vehicle tracking enterprise software solution. The Company's mission is to be an extension of its customers' IT and telecommunications departments by helping them strategize, optimize, and implement technologies that improve efficiencies and create a significant return on investment.
"We believe that the combination of the mission critical products and services of Data911 together with BMS broadens our offering to the law enforcement and public safety community," said Chuck Beck, President and Chief Executive Officer of BMS.
Beck added: "BMS has a long history of providing the highest quality video transmission solutions to aviation assets worldwide and Data911's focus on delivering world class solutions to mobile ground assets is a natural extension for us."
Abigail Baker, Chief Executive Officer of Data911, expressed her enthusiasm for the transaction. "Given the reputation that the Company has built over the last 33 years, it was important for me to find the right partner to continue to provide the most advanced and comprehensive solutions on the market." Mrs. Baker, who will continue to work with the combined company going forward, stated, "I'm truly looking forward to accelerating Data911's growth in collaboration with BMS and StoneCalibre."
The terms of the transaction were not disclosed.
Headquartered in Century City, CA, StoneCalibre is a privately funded investment firm specializing in the acquisition of lower middle market companies. Founded by Brian Wall in 2012, StoneCalibre is focused on making investments in both special situations and quality long-term capital investment opportunities. For more information please visit our website at www.stonecalibre.com.
BMS, headquartered in Poway California, is a leader in COFDM technology for real-time long range wireless video and data links and recognized around the world as "The Downlink Experts". BMS offers a broad range of components and systems, including transmitters, receivers, and tracking antenna systems, developed for law enforcement, unmanned aerial vehicles, and government surveillance applications and the broadcast industry. For more information, visit www.bms-inc.com.