Parties
Company
BearCom
Company
The Surveillance Shop
On April 10, 2024, BearCom, a leading North American integrator of voice, security, and data solutions, announced its acquisition of The Surveillance Shop (TSS), a prominent Canadian security integrator, with the transaction details undisclosed. Founded in 1999 and based in Calgary, TSS offers a range of security solutions, including camera systems, intrusion alarms, and access control, serving customers in Canada and the U.S. Les Fry, CEO of BearCom, praised TSS’s technical expertise and integrity, highlighting the acquisition's enhancement of BearCom’s comprehensive solution offerings. Curtis Dyck, CEO of TSS, expressed enthusiasm for the growth prospects under BearCom’s umbrella, emphasizing the benefits for TSS’s customers and employees. This acquisition, BearCom’s first since receiving investment from Siris in December 2023, is part of its strategy to expand its video security, access control, and wireless capabilities, particularly in Canada. Legal advisory for the deal was provided by Shumaker, Loop & Kendrick, LLP, and Norton Rose Fulbright for BearCom, with Ernst & Young as financial advisor, and Bennett Jones LLP for TSS.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date