WAYNE, PENNSYLVANIA – September 7, 2017: Falcon Capital Partners, a leading middle-market investment bank, announced today the successful sale of Admit Computer Services, Inc. (d/b/a IMPACT Systems) to Zuercher Technologies, a TriTech Company backed by Insight Venture Partners.
IMPACT Systems, founded in the 1980s and based in Farmingdale, NY, is a public safety software provider to help public safety agencies access, manage, and analyze data. The IMPACT product suite, comprised of Computer Aided Dispatch, Records Management, and Mobile Solutions, gives public and private agencies actionable knowledge to help protect public safety officers and those they serve. IMPACT serves more than 150 agencies, with specific focus and dominant market share in the state of New York.
Zuercher Technologies was acquired by TriTech Software Systems in 2015, after TriTech received an investment from Insight Venture Partners in 2014, a New York based venture capital and growth equity investment firm. With this acquisition, Zuercher will advance its geographical reach in the state of New York, and the combined company resources and expertise will further strengthen Zuercher’s mission of raising the bar for what small to medium public safety agencies can expect from their public safety software providers.
Falcon Capital Partners served as exclusive financial advisor to IMPACT Systems. “Falcon Capital was an instrumental resource in helping my shareholders and I to achieve the desired result of a successful transaction,” writes IMPACT Founder, President, and CEO Dennis Labriola. “After founding Admit Computer Services, Inc., d/b/a IMPACT, more than 35 years ago, my primary goal was to find the business a good home and partner with a successful firm that would take what we have built and drive growth into the future. Falcon demonstrated their knowledge of the public safety industry and its participants, along with their innate understanding of the nuances of middle market deals, to help us navigate the process and find the right outcome. Their hard work, dedication, patience, and personal involvement made the challenging experience a positive one, and I am thankful for their expertise.”
The terms of the transaction were not disclosed. The Zuercher press release can be found on their website here.
The Falcon deal team was led by Managing Director Mark Gaeto, Senior Associate Don Wanner, and Associate Conrad Olenik.