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Goldman, Beekman see value in NorthStar

May 22, 2013Tess Nacelewicz

OREM, Utah—The fact that Goldman Sachs and The Beekman Group are NorthStar Alarm Services' new equity partners is a “vote of confidence” in that summer sales company, according to Henry Edmonds, president of The Edmonds Group, which facilitated the transaction.New York-based private equity firm Beekman led the recapitalization of NorthStar, based here, and is new to the security space. “This is the first investment they've made in the alarm industry but they have looked at...

ASG Security, Bank of America, Goldman Sachs, NorthStar Alarm Services, Residential Security, The Beekman Group, The Edmonds Group, Vivint, Zions Bank