The Carlyle Group Invests Additional $10M in Supercircuits

Austin Texas-based company Supercircuits, a manufacturer and distributor of commercial and residential video surveillance solutions, recived an additional $10m investment from The Carlyle Group.

The Carlyle Group first purchased a controlling interest in Supercircuits in August 2006.

The new funds will be used to invest in new technologies and products and to fully retire Supercircuits’ debt.

As stated by Brian Wood, Chairman and CEO of Supercircuits, the capital will enable the company to deliver even more outstanding value and support to its customers.
He said: “We also intend to expand our product offerings and further invest in Law Enforcement and Dealer initiatives. Eliminating our debt also gives Supercircuits the advantage of a rock solid balance sheet and greater flexibility in this challenging economy”. 

FinSMEs

23/10/2009

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