Talkaphone Partners With Funds To Reach New Heights

Talkaphone is excited to announce it is joining forces with two prominent Midwestern private equity funds

Celebrating its 83rd anniversary, Talkaphone is excited to announce it is joining forces with two prominent Midwestern private equity funds: Capital For Business ® (“CFB”), St. Louis, MO; and Northcreek Mezzanine (Northcreek), Cincinnati, OH. Talkaphone is the industry’s leading designer and manufacturer of security and life safety communication products and solutions for customers all over the world.

All current employees and management of Talkaphone are continuing with the company, and dedicated to the newest phase in this historic company’s development. Samuel Shanes, CEO of Talkaphone, and Steve Broun, Managing Director of CFB jointly addressed the Company’s employees around the country with this exciting news on December 28, 2017.

This business development will enable Talkaphone to accelerate its organic growth, as well as provide the opportunity of growth through acquisition. Samuel Shanes will remain CEO of Talkaphone, as well as a member of the Board of Managers, which will include Talkaphone management, CFB, and Northcreek.

Bob Shanes, Vice President of Sales, very well known throughout the security industry, emphasized that this new stage of the Company will enable significant growth in his department. “The timing aligns just right for the company, as Talkaphone plans to expand its current product line in the Access Control space. More information on this exciting news will be announced before and during the ISC West 2018 show in Las Vegas this April.”

Talkaphone and the Funds agree this move is a great benefit for both parties. Steve Broun, Managing Director of CFB explained that, “We are very excited to be joining the Talkaphone team. The common denominator in all our investments is a driven, entrepreneurial, management team. CFB and Northcreek are committed to backing exceptional entrepreneurs who have the vision, drive, and talent to be leaders within their industries. And we see this clearly in everything that Talkaphone does each-and-every day.

“We understand the enormous effort required to create a successful business and stand ready to provide our assistance in strategic planning, mergers and acquisitions, customer acquisition, general business management, executive recruiting, and raising additional capital. Sam, Bob, and the rest of the Talkaphone team have built an impressive company whose unique culture and dedicated employees are responsible for its leadership and success in the industry. We believe that by providing our management team partners with all the tools and resources they need we can broaden Talkaphone’s set of capabilities, increase its scale, and expand product offerings for our customers – we look to take the Company to another level. We are very excited about the growth opportunities and we are confident that the combination of our efforts will lead to even greater success for Talkaphone, an iconic company in the security industry.”

Featured

  • Allegion, Comfort Technologies Implement Mobile Credentials at the Artisan Apartment Homes in Florida

    Artisan Apartment Homes, a luxury apartment complex in Dunedin, Florida, recently transitioned from mechanical keys to electronic locks and centralized system software with support from Allegion US, a leading provider of security solutions, technology and services, and Florida-based Comfort Technologies, which specializes in deploying multifamily access control, IoT devices and software management solutions. Read Now

  • Mall of America Deploys AI-Powered Analytics to Enhance Parking Intelligence

    Mall of America®, the largest shopping and entertainment complex in North America, announced an expansion of its ongoing partnership with Axis Communications to deploy cutting-edge car-counting video analytics across more than a dozen locations. With this expansion, Mall of America (MOA) has boosted operational efficiency, improved safety and security, and enabled more informed decision-making around employee scheduling and streamlining transportation for large events. Read Now

  • Security Industry Association Launches New “askSIA” AI Tool

    The Security Industry Association (SIA) has unveiled a brand-new SIA member benefit – askSIA, a conversational AI agent designed to help users get the most out of their SIA membership, easily access SIA resources and find the latest information on SIA’s training and courses, reports and publications, events, certification offerings and more. SIA members can easily find askSIA by visiting the SIA homepage or looking for the askSIA icon in the top left of webpages. Read Now

    • Industry Events
  • Industry Embraces Mobile Access, Biometrics and AI

    A combination of evolving workplace dynamics, technology innovation and new user expectations is changing how people enter and interact with physical spaces. Access control is at the heart of these changes. Combined with biometrics and AI, mobile access control has become increasingly crucial for deploying entry solutions that are seamless, secure and adaptive to user needs. Read Now

  • Sustainable Video Solution Delivered for Landmark City of London Office Development

    An advanced, end-to-end video solution from IDIS, with a focus on reducing waste and costs, has helped a major office development in the City of London align its security with sustainability objectives. Read Now

New Products

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”