Benford Capital Forms Argus Monitoring Solutions to Acquire Sauls Seismic and Nomis Seismographs
November 2, 2021
Benford Capital Partners formed Argus Monitoring Solutions to acquire Sauls Seismic and Nomis Seismographs, creating a seismic and environmental monitoring platform. Sauls provides outsourced continuous seismic and environmental monitoring (hardware-as-a-service) while Nomis manufactures seismographs; Benford plans to invest in sales, customer service and pursue further M&A to scale the platform.
- Targets
- Sauls Seismic, LLC, Nomis Seismographs, LLC
- Platforms
- Argus Monitoring Solutions Holdings, LLC
- Industry
- Industrial Services
- Location
- Alabama, United States
- Transaction Type
- Buyout
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