Novidam Capital Partners announces the completion of the transaction of its security and fire alarm holding companies to Pye-Barker Fire & Safety.

Novidam has built the largest privately held consortium of security and fire protection companies in the New York Metro area and operates under the name of Briscoe Protective.  Briscoe Protective is the 19th largest fire and security company in the United States, with a unique dual customer-type focus on urban commercial and super-high-end residential. Briscoe Protective, as a strategic platform, allows Pye-Barker to expand into the Northeast and increase customer offerings.  Pye-Barker is backed by two private investment firms;  Leonard Green & Partners and Altas Partners.  With these renowned partners, Briscoe Protective is well positioned for continued growth both organically and through acquisitions.

In the sale, the Leadership Team at Briscoe Protective remains in force, with Alexander Schuil leading it as CEO.  Novidam Capital Partners congratulates all key stakeholders, due diligence partners and (management) teams, involved in the deal.  For a more elaborate version press release please see below.

https://www.prnewswire.com/news-releases/pye-barker-fire–safety-adds-briscoe-protective-in-new-york-to-its-family-of-companies-301618511.html

Novidam Capital Partners (NCP) are proud to announce that its own Briscoe Protective has recently acquired New York City’s American Security Systems. American is one of New York’s well known entities and we’re thrilled to add 40 years of protection history to our fire and security group.  Besides prime focus on fire protection and security services, for commercial customers in the five boroughs, American brings Briscoe a wealth of knowledge in the remote/virtual doorman space, as well as in the building exteriors anti-loitering area.

NCP acquired Supreme Security in Q4 2019 to add to its growing portfolio of integrated security companies.  The combined businesses fly under Briscoe Protective and together are NY Metro’s number 1 local fire and security provider.  Supreme Security Systems is a leading provider of integrated security systems. Supreme is a New York based company serving the Metropolitan New York area, New Jersey, Connecticut and Long Island. We have extensive knowledge and experience in providing a variety of state-of-the-art security/life safety systems and services.  Supreme focuses on customer segments such as (private) schools, high-end hotels and property management companies.

In February 2019, Novidam Capital Partners acquired Bellringer Security.  Celebrating more than 100 years of success, since 1917 Bellringer has been supplying the East End of Long Island, primarily The Hamptons, with high-end commercial and residential security services.  Protecting over six thousand addresses, and with its 45 employees, Bellringer is the original security protection company of Eastern Long Island. With Bellringer, Novidam Capital Partners increases its geographic footprint of security companies from NYC through the East End, as well as penetrates more deeply into local markets, creating >80% market share from Southampton eastward. The teams in our operating companies are excited to partner with Bellringer to share resources, learnings and customer care improvement, to continue our strong growth curve.  The integrated group of companies is the largest private held security company in New York. www.novidam.com / www.bellringer.com

On August 24th 2017, Novidam acquired Briscoe Protective Systems, Inc..  Founded in 1978, Briscoe, with >55 people and offices in Centereach, Harrison and Manhattan, is one the the largest privately held security companies in New York, the largest specialized in fire safety exclusively.  Briscoe focuses on fire security and fire alarm monitoring and provides services for more than four thousand commercial clients, such as Grand Central Terminal, well known hotels and universities, and thousands of iconic Manhattan office buildings.  With Worldwide Security, the combination and its >115 employees becomes the largest privately held security company in the NYC-Metro area, and one of the 35 largest public and private security companies in the United States, based on the 2017 US SDM-top 100 ranking. (http://www.briscoeprotective.com)

NCP acquires Goodstrong Lock and Alarm, Inc.  Goodstrong Lock & Alarm, Inc. is a protection and detection company based in New Hyde Park, New York.  Goodstrong has been providing residential and light commercial customers with burglary alarms and other protection services since 1985.  NCP has acquired the burglary alarm assets of Goodstrong in January of 2017, and its management and service teams will be integrated into Worldwide Security Group.  The acquisition of Goodstrong helps Worldwide Security Group to continue to penetrate the home and light commercial markets and gain deeper understanding from security customers in New York.

CCTV Services Inc. is a company from which Novidam has acquired the burglary alarm division, folding into Worldwide Security Group, LLC.  A natural fit with deep customer penetration in mid-Long Island, CCTV’s burglary alarm division adds to Worldwide Security’s expansion in Nassau county.

On August 1st 2016, Novidam Capital Partners completed its acquisition of Home Control Systems, Inc., of New Jersey, in a debt and cash asset transaction.  Home Control Systems is a residential burglary alarm business focused on eastern New Jersey, providing homeowners with security solutions since the mid-nineties.  HCS is a natural add, and will be managed and aligned with our portfolio to continue to increase footprint and customer reach.

On May 1st 2016 Novidam Capital Partners announced the add-on acquisitions of Dart Security Systems and Rainbow Protection, following the acquisition of Telestat Security in April 2016.  Together with earlier acquisitions, the companies will form Worldwide Security Group, LLC, located in Manhattan and Long Island.  Worldwide Security services and manages one of the largest account bases of security customers in the NYC Metropolitan area, focusing on households, multi-family residential buildings and five star hotels.

On January 7th 2016, Novidam Capital Partners announced the acquisitions of American Security Technologies, Vision, and GC Alarm, in a cash and debt asset transaction.

With offices in the Graybar building in Manhattan, and in western Long Island, the independent companies will form one of the largest privately held integrated security companies in the NYC Metropolitan area.

With recurring revenue streams, sizable margins, and an increasing focus to smart homing and security services becoming available online, Novidam Capital Partners is actively sourcing deal flow in the alarm and security services industry.

With strong industry growth and current focus on protecting households from increasingly occurring fire accidents, NCP is sourcing for proprietary, as well as business broker/financial services firm led, acquisition targets, in the fire and safety industry.

Posts

Novidam Capital is proud to announce that its fund to find one special company is currently oversubscribed. We are working hard to create the best strategic team and interested parties will soon be able find more information on the final Investor Group as well as Novidam’s Advisory Board on our website.

Novidam Capital thanks all early applicants for summer Analyst and Associate positions. Interviews are scheduled in New York at the end of April and early May. Join the Novidam team now and apply through info@novidam.com

Novidam Capital has selected Goodwin Procter LLP as its legal counsel for its first fund. The team at Novidam is very excited to embark on this journey together with and backed by professionals at Goodwin Procter, who’s attorneys have been protecting and promoting its clients’ interests since 1912. Goodwin Procter’s global headquarters is located on 53 State Street in Boston, MA 02109. (www.goodwinprocter.com)

PRIVATE EQUITY INTERNSHIP in New York, NY – * June 1st  or July 1st start dates, two or three month internships *

Novidam Capital

Based in New York City, Novidam Capital is an entrepreneurial private equity firm focused on acquiring and actively managing an established company with $2 – $5 million in cash flow. The firm is backed by a unique group of investors comprised of seasoned business operators, successful entrepreneurs and professional private equity professionals with deep experience in evaluating, financing and growing medium-sized companies. Novidam Capital is led by an executive with a background in entrepreneurship, management consulting and managing privately-owned companies (www.novidam.com).

Job Description

Novidam Capital is seeking outstanding candidates to work directly with the New York team and its Principal, as a Summer Analyst or a Summer Associate. Based on your experience, you will learn how to and help identify new investment themes and acquisition candidates, while assisting in all aspects of the investment process. Private Equity Interns will:

* take a lead role in the evaluation of investments, working with deal intermediaries and directly with company management to locate and qualify good target companies

* help shape investment themes through primary and secondary industry research

* learn to perform valuation analyses and financial modelling in different industries to vet opportunities

* think about strategic initiatives going forward if an acquisition is to be made

* have the opportunity to receive a significant finders fee

Responsibilities

• Conducting market and industry research

• Qualifying investment opportunities and providing a weekly sourced deal flow

• Interfacing with brokers, investment bankers and target company management teams

• Analyzing financials and valuations

• Conducting company-specific due diligence and analysis

• Maintaining deal flow databases and overviews

Qualifications

• Studying in penultimate or last year of Bachelors program, preferably focus on Business/Economics/Finance (Summer Analyst), or in Graduate/Masters degree program, preferably an MBA (Summer Associate)

• Minimum undergraduate GPA of 3.5

• Strong verbal and written English skills

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• Good interpersonal skills

• Good analytical skills

• Detail-oriented

• Commercial, entrepreneurial drive; proactive and energetic work ethic

• Excellent research skills; ability to find a needle in a haystack

• Consistent track record of high achievement, both professionally and academically

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• Experience in private equity, investment banking or management consulting a plus

• Experience in direct sales or business development a plus

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• Desire to be a part of a small, entrepreneurial, energetic, New York City team – which includes local social team events – and handle a wide range of responsibilities

Schedule

Minimum 2 month commitment onsite in New York City office (part time TBD).

Responsibility, Learning and Feedback

At the beginning of each internship, your learning goals are aligned and revisited in bi-weekly feedback sessions. According to your evolvement, more responsibility will be awarded. This can be in the form complete responsibility for an industry or region, or outward representation with target company visits and travel.

You will not be paid, but excellent learning experience, high responsibility,  next step career guidance and significant finders fee potential.

Novidam Capital’s Principal sets out to create lasting impact on intern’s careers, offering his mentorship, network and preparation guidance for job interviews. An internship at Novidam Capital is an ideal way to break into the top-tier investment banking, management consulting or venture capital firms, as well as graduate school programs, or to begin an entrepreneurial career.

Apply?

Send resume and cover letter to info@novidam.com.