Superion LLC, a portfolio company of Vista Equity Partners, has acquired Public Safety Corporation (PSC), a Waldorf, M.D.-based provider of false alarm tracking.
Superion, an industry leader in public sector solutions, sees the acquisition as bolstering its integrated solution, providing emergency responders with a more complete view of alarms and premise information to support optimal decision making and reduce response times by as much as three minutes. As a result, the company aims to create safer communities by diverting public safety agencies’ time to work on crime reduction and other essential services.
Thirty-year-old PSC is a technology and services company focused on state and local government public safety projects and programs. The firm was founded in 1999 by George Wilson, PSC’s President and Chief Operating Officer, while he was at Applied Ordnance Technology Inc. (AOT), which serviced both the U.S. and NATO allies in defense and counter-terrorism. PSC was launched from a specialized Information Technology Division of AOT.
Hundreds of cities, counties, and other municipalities, ranging in population from 20,000 to nearly 4,000,000, across the United States and Canada, use PSC technologies and services to manage and bill alarm system fees, collect false alarm fines, recover public safety costs, and permit or license various events, services, substances, and assets.
“For nearly two decades, Public Safety Corporation has delivered its proven CryWolf false alarm software solution to public agencies, commanding a 90 percent market share,” said Superion CEO Simon Angove. “We are thrilled to welcome Public Safety Corporation to the Superion family. The integration of their solutions with the Superion software platform will enable smarter emergency response and improve the efficiency, effectiveness, and safety of responders and the communities they serve.”
PSC CEO Les Greenberg said in a statement that many of its clients report that they were able to reduce their emergency responses to false alarms by 50%.
Financial terms of the deal, in which Superion will also get Medallion, a licensing and permitting solution, and Parking Citation and Payment Tracking, a citation solution, were not disclosed.
