Protos Security Acquires ControlByNet

August 30, 2022

Protos Security (a Southfield Capital portfolio company) has acquired ControlByNet, a Norcross, Georgia-based provider of cloud-based video management and remote guarding solutions. The add-on deal, which closed August 15, 2022, expands Protos' technology-enabled managed security offerings; Monroe Capital and Wells Fargo provided debt financing and ControlByNet's founder Ryan Strange will remain in leadership post-close.

Buyers
Protos Security (Security Services Holdings LLC), Southfield Capital
Targets
ControlByNet
Platforms
Protos Security
Location
Georgia, United States
Transaction Type
Addon

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