ProSteel Security Holdings Receives Private Equity Investment

ProSteel Security Holdings, Inc., a Provo, Utah-based manufacturer of safety and security products, received a strategic investment of undisclosed amount.

Backers included City Capital Ventures and Promus Equity Partners.

The company intends to use the proceeds for continued growth.

Founded in 1947 and led by Clay Linford, CEO, ProSteel Security Holdings manufactures safety and security products offering a full line of gun and home safes, vault doors and other security products. Through its 35-year strategic partnership with Browning, the company sells gun safes marketed under the Browning ProSteel brand to a diverse base of retail customers across multiple channels.

FinSMEs

07/07/2017

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