Dunes Point Capital exits NextGen Security, a Pennsylvania-based company that designs and installs electronic security systems for facilities with demanding compliance and operating requirements. NextGen was sold to funds advised by Apax Partners, a global private equity firm.
NextGen serves industrial, healthcare, education, and commercial end markets and operates across eight locations. Dunes Point acquired NextGen in 2022. Over the course of its four-year investment, Dunes Point supported NextGen’s growth by expanding its national-account and sales capabilities, broadening its service offering, and pursuing complementary acquisitions to scale the platform.
GroveStreet first became a Dunes Point LP in 2019. Read more about the deal here.
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