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Video Management IP VM's Secure method for IP based system HVR's Flexibility to record and display both network cameras and analog cameras DVR's Sought after by security professionals needing full featured video storage management Pelco Products Security Surveillance Cameras.
| Type | Subsidiary |
|---|---|
| Industry | Video surveillance, video management systems, and cloud technologies |
| Founded | 1957 |
| Headquarters | Fresno, California, U.S. |
| Global | |
Key people | Kurt Takahashi (CEO[1])/Brian McClain (President[2]) |
| Products | Security cameras, video management systems, hybrid cloud services |
| 400+ (2019) | |
| Parent | Motorola Solutions[3] |
| Website | pelco.com |
Transom Capital Group has acquired Pelco Inc, a provider of video surveillance solutions, from Schneider Electric. No financial terms were disclosed. Pelco by Schneider Electric, which builds video security camera equipment at its facility in Clovis, California, has been purchased by Los Angeles-based Transom Private Capital in a sale announced.
Pelco Incorporated is an American-based security and surveillance technologies company, founded in 1957 and headquartered in Fresno, California.[4] Pelco is a provider of security cameras, recording and management systems, software, and services. Pelco products can be found in cities, hospitals, airports, seaports, gaming facilities, retail and office environments, schools, and universities.
History[edit]
Pelco Sales was founded in 1957 in by E.L. Heinrich in Hawthorne, California. Heinrich created Pelco Sales as a side project to his already successful mechanical aviation business. Pelco Sales first product line consisted of pan-tilt devices and joysticks designed to remotely control the position of television cameras. The demand for Pelco Sales' products grew rapidly resulting in Heinrich's decision to abandon aviation and focus on camera technologies.
The company was moved to Gardena, California, and then again to Fresno, California, to provide adequate work space for product production. In June 1987 Rod Heinrich sold Pelco Sales to local investor David McDonald shortly after approving plans for an 80,000 square foot facility in Clovis, California. McDonald truncated the name to Pelco, commonly referred to as the beginning of the 'new' Pelco. The company continued to expand reaching distribution in more than 130 countries.
In 2007, the French electrical equipment manufacturer Schneider Electric purchased Pelco for US$1.22 billion in an effort to enhance their building automation business. Schneider Electric's ownership of Pelco came to an end when Pelco was acquired by Transom Capital Group, a private equity firm based in Los Angeles, in 2019.[5] In August 2020, Motorola Solutions announced that they have acquired Pelco for $110m in cash.[6]
Pelco's security and surveillance systems most notably protect Buckingham Palace, The Statue of Liberty, and China's Presidential Palace. Pelco claims >1 Million Pelco installations worldwide[citation needed]
Technologies[edit]
Pelco produces security and surveillance products.[7]
Industries[edit]
- Commercial
- Retail
- Industry and Technology
- Government and Military
- City and Traffic
- Healthcare
- Gaming
- Airports and Seaports
- Education
References[edit]
- ^https://www.securitysales.com/news/pelco-kurt-takahashi-ceo/
- ^https://www.securitysales.com/business/pelco-new-president-seeks-ceo/
- ^https://www.motorolasolutions.com/en_xu/video-security-analytics.html
- ^'Pelco Security Cameras and Surveillance Systems'. www.pelco.com. Retrieved 2019-06-03.
- ^'Pelco acquired by Transom Capital Group | Security Systems News'. www.securitysystemsnews.com. Retrieved 2019-06-03.
- ^https://www.pelco.com/motorola-solutions-acquires-pelco/
- ^'Pelco Security Cameras & CCTV Systems by Schneider Electric'. Pelco.com. Retrieved 6 November 2014.
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Transom Capital Group has acquired Pelco Inc, a provider of video surveillance solutions, from Schneider Electric. No financial terms were disclosed.
PRESS RELEASE
FRESNO, Calif., May 29, 2019 /PRNewswire/ — Transom Capital Group (Transom), a leading operations-focused middle market private equity firm, today announced it has acquired Pelco, Inc. (Pelco), a top provider of video surveillance solutions, from Schneider Electric.
Pelco is a global leader in the design, development, and manufacturing of predictive video security solutions including cameras, recording and management systems, software, and services. Pelco’s personal engagement with customers, resellers and technology partners drives the development and deployment of surveillance and security solutions with meaningful innovation.
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Russ Roenick, Managing Partner at Transom Capital Group, said, “As most security industry experts know, Pelco is one of the pioneers of the video surveillance space. The journey toward creating the next great breakthroughs in video security begins today through our investment in Pelco. We have conviction that the work done over the past several years to transform the Company into a digitally-savvy security leader with innovative hardware, software, and service solutions is nearly complete. We are excited to partner with management to grow the business for many years to come.”
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Jean-Marc Theolier, CEO, Pelco, Inc., “As we surveyed the landscape of potential partners, our primary goal was to commit with a company who appreciated Pelco’s legacy, as well as supported our current business strategy and growth plan. Transom strongly believes in our unique value proposition to be an end-to-end solutions provider, and has encouraged us to continue doing what we do best! We are excited to work with Transom, and to develop new and innovative solutions to best serve our business partners.”
Terms of the transaction were not disclosed. Transom was represented by Latham & Watkins as M&A counsel and Perkins Coie as debt finance counsel on this transaction. Wells Fargo provided the debt financing for the transaction. R.W. Baird served as financial advisor to Pelco on this transaction.
About Transom Capital Group
Transom (www.transomcap.com) is a leading operations-focused private equity firm in the middle market with more than $500M in assets under management. The firm’s functional pattern recognition, access to capital, and proven ARMOR Value Creation Process combined with management’s industry expertise to create improved operational efficiency, significant top-line growth, cultural transformation and overall distinctive outcomes. Transom is headquartered in Los Angeles, California.
About Pelco, Inc.
Pelco is a global leader in the design, development, and manufacturing of predictive video security solutions including cameras, recording and management systems, software, and services. From its VideoXpert video management platform to its industry-leading selection of IP cameras and accessories, Pelco is committed to designing and delivering a broad range of high-quality, IP video security products and systems that make the world a safer place.
Source: https://www.pehub.com/2019/05/transom-acquires-pelco-from-schneider-electric/
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