Presidio Investors Backs Formation of Bravas with $75M to Merge 15 Smart-Home Integrators
August 27, 2019
Presidio Investors committed $75 million to create Bravas LLC by merging 15 independent luxury smart-home design/build firms into a national platform. Bravas, headquartered in Overland Park, Kansas, will operate across North America with roughly $75 million in revenue and about 285 employees, using the funding to expand its network, build software/business systems, and pursue targeted acquisitions.
- Buyers
- Presidio Investors
- Targets
- Audio Dimensions, Audio Intersection, Audio Video Hi-Fi Sales, Audio Video Innovations, Digital Interiors, Digitech Custom Audio and Video, Elevated Electronics, Home Theater Technologies, Imagine Audio Video, J.J. Orion, SES Design Group, SmartSystems, Spectrum Technology Integrators, Starr Systems Design, The Homeworks Group
- Platforms
- Bravas LLC
- Industry
- Electrical Services
- Location
- Kansas, United States
- Transaction Type
- Growth capital
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