Tucker's Farm / Badlands Acquires Large Family‑Owned Locksmith to Build Tech‑Enabled Access‑Control Platform

March 13, 2025

Tucker's Farm Corporation capitalized a new holding company, The Badlands Security Company, and concurrently acquired one of the largest family‑owned locksmiths in the United States (the "Platform Asset") — a ~70‑year‑old business covering ~10,000 doors and operating ~40 trucks. Quilvest Capital Partners provided debt financing for the transaction; the founding family sold the business and was advised by Vaupen Financial Advisors.

Buyers
Tucker's Farm Corporation, The Badlands Security Company, Quilvest Capital Partners (debt financing partner)
Targets
Platform Asset (unnamed family-owned locksmith)
Sellers
Founding family of the Platform Asset
Platforms
The Badlands Security Company
Location
United States
Transaction Type
Addon

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