TriTech Software Systems, a San Diego, CA-based provider of public safety software to law enforcement, fire and emergency medical service agencies has received a strategic investment of undisclosed amount from Friedman Fleischer & Lowe (FFL).
Financing for the transaction was provided by Wells Fargo Capital Finance LLC and Fortress Investment Group LLC.
TriTech will use the capital to expand in its existing markets both organically and through acquisitions.
Led by founder and CEO Chris Maloney, the company provides highly integrated public safety products and services to police, fire and emergency medical service agencies that are designed to address the different aspects of public safety command and control, deployment, logistics, and decision support. In addition to its Computer-Aided Dispatch (CAD) product (VisiCAD Command), TriTech offers a wireless PC-based mobile fleet application that extends CAD to in-vehicle laptop computers (Microsoft®.NET-based VisiNet Mobile).
In conjunction with the investment, FFL has partnered with Mr. Maloney to acquire shares from Westview Capital Partners and other shareholders. FFL intends to invest further to support future acquisitions by the company.
FinSMEs
05/01/2010