Graham Partners Locks Up Another Investment
October 31st, 2019
Graham Partners, a private investment firm targeting technology-driven advanced manufacturing companies, is pleased to announce that it has acquired Gatekeeper Systems (“Gatekeeper”). Headquartered in Foothill Ranch, CA, Gatekeeper is a leading provider of asset-based, integrated loss prevention technology solutions serving blue-chip retail customers globally. An increase in organized retail crime, coupled with lighter penalties for shoplifting, among other industry tailwinds, has led to greater merchandise theft levels. Gatekeeper’s intelligent anti-theft solutions offer retailers innovative, smart cart technologies that minimize loss and reduce asset and labor expenditures. Gatekeeper has won substantial customer contracts as a result of its 20 years of loss prevention experience, ongoing asset management / service, patented solutions, and international presence. These capabilities have propelled the company’s success and position it for future growth by adding new customers and markets, as well as developing and commercializing additional technology-enabled theft prevention solutions.
Graham Partners has familiarity with retail loss prevention and the Internet of Things through its investments in Tidel and OptConnect and will leverage these experiences to add value to Gatekeeper. The Graham team has engaged several industry experts in this space and has formulated an actionable value creation plan designed to accelerate Gatekeeper’s growth. This strategy is premised on capitalizing on the company’s sustainable return on investment model for retailers and pursuing the large white space market opportunity for Gatekeeper’s solutions, both domestically and internationally, as well as continued new product development focused on technology expansion to better serve its existing customer base and expand its addressable market.
Rob Newbold, Managing Principal at Graham Partners, states, “Gatekeeper has been experiencing high growth, and its superior technology, commercially-minded engineering team, and strong customer service should drive continued growth going forward.” Steven Graham, CEO of Graham Partners, said, “We are excited to partner with the Gatekeeper team as they continue to provide innovative solutions to the growing problem of retail shrinkage.”
Gatekeeper is a leading provider of patented, automated technology and security solutions designed to minimize merchandise and asset loss, track and retain shopping cart fleets, reduce retailers’ labor expenses and increase employee safety. Headquartered in Foothill Ranch, CA, Gatekeeper offers products and services that provide an attractive value proposition to retailers, with a typical payback period of twelve months or less. With offices throughout North America, Europe, and Australia, Gatekeeper serves a growing customer base of both regional and global blue-chip retailers.
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