We're excited to announce the acquisition of Patriot Systems by Permaconn. Patriot Systems is a world leader in Alarm Response Management Software Solutions. As industry leaders in their respective fields, Permaconn and Patriot Systems will continue to prioritise their full compatibility with other signalling and monitoring software solutions. The companies share many of the same monitoring centre customers and have had long-standing success in ensuring their respective products integrate seamlessly to unlock efficiencies for monitoring centre ecosystems. Mark McBreen, founder of Patriot Systems said “We believe the strong customer-centricity embedded within our DNA is equally present within Permaconn, and I believe they are ideally placed to lead our business through its next chapter. The team and I are excited about joining Permaconn, and believe that this transaction will lead to an increased ability to invest into the Patriot Systems business, which can only be positive for our customers”. Andrew Pears, CEO of Permaconn, commented “We have a huge respect for the achievements of Mark and his team in building a global leader in monitoring centre management software. Our acquisition of Patriot Systems is underpinned by a strong belief that we can accelerate Patriot Systems’ product development and sales initiatives to build on Mark’s legacy and continue embedding Patriot Systems as a market leader and innovator”. Congratulations to the Permaconn and Patriot Systems team, and all those involved with the transaction. Tim Cooper Bravin Ragavan Matthew Coffey
Reuben Woods
4mo
Congrats Bravin Ragavan and team, great to support the Five V team on this deal! Great work Steph McQuaid!
CTO Labs
4mo
Congratulations Five V Capital Tim Cooper Bravin Ragavan Matthew Coffey and all those involved Permaconn Andrew Pears Patriot Systems Mark McBreen - it was a pleasure supporting the transaction.
BDM for Patriot Systems
4moA smart move by Five V Capital and Permaconn. Patriot is primed & ready for takeoff with significant opportunities around the world 🚀 The combination of company positioned for growth, a market leading product and an enthusiastic and dedicated team sets the stage for exceptional success.