Capstone Headwaters Advises SAFE Electronics on the Sale of their...

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Capstone Headwaters Advises SAFE Electronics on the Sale of their Company

CFO Tech Outlook | Thursday, March 25, 2021

Capstone Headwaters has advised SAFE Electronics on the sale of their business to a strategic acquirer.

FREMONT, CA: Capstone Headwaters, a pioneering middle-market investment banking firm, advises SAFE Electronics, Inc. (SAFE or the Company) to sell their business to a strategic acquirer. On this transaction, Moye White acted as legal counsel for the Company. The acquirer's name and the terms of the agreement were not revealed.

SAFE, headquartered in Las Vegas, Nevada, offers premier resorts and casinos, data centers, and other commercial clients in the Las Vegas and southern Nevada area with comprehensive fire and life safety system solutions. Its abilities include evaluation, design and engineering, installation, testing, certification, and 24x7 managed services. The strategic acquirer's portfolio is bolstered by SAFE's market presence and long-standing customer relationships.

SAFE President Roy Pross commented, "Capstone flawlessly executed the sale process delivering an outcome that exceeded my expectations. In addition, Capstone served as one of my most trusted advisors in planning and preparing for this transaction to help set the stage for buyer discussions. Overall, we benefitted enormously from Capstone's market knowledge, industry contacts, transaction experience, and client commitment."

Tom McConnell, Managing Director at Capstone Headwaters, commented, "Roy is an outstanding leader who built an exceptional culture at SAFE focused on customer commitment, quality workmanship and personal respect. This culture translates into deep long-term relationships at multiple levels of the organization with many marquee Las Vegas resorts and commercial customers. As part of a new company, SAFE will have the incremental resources and capabilities to continue to expand its business and increase its market presence. Congratulations to all involved."

Since 1984, SAFE Electronics has offered comprehensive fire and life safety system solutions to significant resorts and casinos along the Las Vegas strip. SAFE is unique in its expertise with the design, installation, and maintenance of advanced fire and life safety systems for multi-story buildings. SAFE allows complex systems to be deployed and used to protect visitors and employees without disrupting regular activities.

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