Tag: Valued Relationships
PE ponders PERS
October 23, 2013Leif Kothe
ST. LOUIS—There will be more transactions in the typically quiet PERS space over the next six to 12 months, and maybe even sooner, according to Henry Edmonds, president of The Edmonds Group, an investment bank here, which specializes in recurring-revenue businesses.An aging population, soaring medical expenses and outside financing could be enough to galvanize the trading market, Edmonds told Security Systems News. He expects private equity to play “a very significant” role, because...
Numera CEO sees mobile PERS, home security as 'natural' fit
May 1, 2013Rich Miller
SEATTLE—For Numera Corp. CEO Tim Smokoff, home security and mobile health monitoring are part of the same “natural conversation,” one that holds the promise of increased RMR for security companies as telehealth gains traction in the marketplace.Numera, a provider of integrated health care solutions, announced in February that it has formed a partnership with AT&T, which will provide wireless network and location services for Numera's Libris. The wearable device goes beyond traditional...