On April 13, 2023, Stealth Monitoring announced the acquisition of Caliber Communications and Syncro Monitoring, enhancing its position as a North American leader in technology-driven commercial video surveillance. The transaction was backed by Stealth’s investors Twin Point Capital, LLR Partners, and Auxo Management.

Stealth, headquartered in Dallas, TX, and Caliber, based in Stoney Creek, ON, both specialized in designing, installing, and providing proactive remote video monitoring solutions for various sectors across the U.S. and Canada.

The acquisition integrated Caliber’s patented technology, product expertise, and skilled team into Stealth, aiming to offer superior security, surveillance, and video management capabilities. Stealth planned to leverage its history of innovation with continued investments across the combined business.

Alex Vourkoutiotis, CEO and Founder of Caliber, stated that the merger would enhance customer service and expand market reach, emphasizing Caliber’s advanced AI-powered platform. Vourkoutiotis took on the role of Chief Technology Officer at Stealth.

The combined company included over 2,000 employees across 40+ offices, monitoring more than 5,000 client sites in North America. With patents in cellular communications, AI, and machine learning, the company aimed to develop the world’s most trusted intelligent monitoring solutions.

Erik Mikkelsen, President & CRO of Stealth, praised Caliber’s integration of cutting-edge technology and talented personnel. Legal advisors were Stikeman Elliott LLP and DLA Piper LLP (US) for Stealth, and BDO Canada LLP and Gowling WLG for Caliber. Financial and technology services were provided by Ernst & Young LLP (EY), Moss Adams LLP, and Palo Alto Strategy Group.