Mergers & Acquisitions

Rave Mobile Safety (Rave), a trusted partner for safety software protecting millions of individuals, announced the acquisition of SwiftReach Networks (SwiftReach), a foremost provider of emergency notification and incident management solutions. The combination of Rave and SwiftReach will provide wide-ranging capabilities and unmatched infrastructure to ensure optimal communications under the most demanding circumstances. Todd Piett, CEO of Rave, said, “The addition of SwiftReach and its FCC-licensed carrier class network gives us best-in-class message delivery, which provides customers with unmatched service levels. Rave is most needed by our customers during emergencies and we continue to protect them by leading the way in reliability.” Valuable For Customers The combined company will serve nearly 5,000 customers across state and local public safety agencies, education and health care organizations, utilities, federal agencies, and a wide spectrum of corporate clients. “Bringing together SwiftReach and Rave is hugely valuable to our customers,” said Kevin Alward, CEO of SwiftReach. “Rave has a sterling reputation in the marketplace, both in terms of commitment to customers and its outstanding technology set. We believe it’s a perfect match.” Expanded Delivery Capacity SwiftK12™ solution to Rave’s offerings provides communities a K-12 school safety communication platform Adding SwiftReach’s product set makes Rave the only emergency and mass notification provider that owns and operates its own telephony network. This highly secure and fully redundant network employs four data centers across North America and provides mission-critical delivery speeds and industry-leading control across the entire notification process. Enhanced Capabilities for K-12 Schools The addition of SwiftReach’s SwiftK12™ solution to Rave’s existing offerings will provide communities a complete K-12 school safety communication platform. The combined suite of products will enable users to engage parents through emergency alerts, solicit anonymous tips with Rave EyeWitness and improve collaboration with 9-1-1 and emergency services utilizing the Rave Panic Button. “We are excited about the two companies coming together,” said Fred Rosencrans, Executive Director of Luzerne County (PA) 911. “As a long-time customer of both companies, we see tremendous value in the unique capabilities of the combined solution.” Continuing Focus on Customer Success A relentless focus on client success is key to Rave’s continued rapid growth and industry-leading customer retention. Todd Miller, Rave’s COO, noted: “It’s extremely important that we maintain focus on our customers and their success. The SwiftReach team has demonstrated that commitment for many years, and we look forward to continuing to keep customer success our first priority.” “Rediker has partnered with Alert Solutions (a subsidiary of SwiftReach) for over six years,” said John Schreck, Director of Marketing for Rediker Software. “They have always provided a high level of service and support, and we’re excited to explore what enhancements Rave Mobile Safety will bring to their products.”

Fire Safety & Protection, LLC (“FSP”), a portfolio company of Sunny River Management, LLC (“SRM”), is pleased to announce the acquisition of All-Star Fire, LLC (“All-Star”), a local tenured pioneer in the fire & life safety industry and known throughout the greater Atlanta market for its high level of customer service, reliability, and technical expertise. Based in Atlanta, GA, FSP is an emerging high-growth fire & life safety business that is building a strong presence in the Eastern United States and Canada. All-Star marks FSP’s second acquisition in 2020 and seventh acquisition since 2018. All-Star’s customers should expect the same unwavering commitment to customer service they have come to expect over the years. All-Star’s President, Kevin Biando, will remain with the business and will continue to manage operations locally. “We are excited about our new partnership with FSP and Sunny River,” Biando said. All-Star provides Fire Safety and Protection “Our new partners bring the resources required to accelerate our growth trajectory in Atlanta, Georgia, and across the Southeast. I look forward to joining forces with FSP as we build out a more concentrated Southeastern footprint.” “All-Star Fire is an outstanding addition to the FSP team. The organization’s commitment to its customers and employees has driven their success over the last decade. All-Star provides Fire Safety and Protection with a premier Atlanta-based organization as we continue to expand our North American presence,” explains Curt Bagnall, CEO of FSP. “We look forward to working closely with Kevin and his team to continue their success in the future. Our shared focus will be on customers, employees and investing in our capabilities to enable continued growth and industry-leading service.”

Open Security & Safety Alliance (OSSA), an industry body comprised of leaders, influencers, and innovative organizations from all facets within the security, safety, and building automation space, celebrated its one-year anniversary. Enhancing security and Safety Within its first 12 months, OSSA attracted 30+ members, ranging from device manufacturers, software developers, and system integrators to distributors and system on a chip (SoC) companies, helping lay the groundwork for improved security, safety, building automation, and business intelligence solutions. “Through OSSA, we have competing and complementary institutions reaching across aisles and stepping outside of their brands, to work together to push our whole industry into a new, more prosperous, and efficient direction,” said Johan Jubbega, President of Open Security & Safety Alliance (OSSA). Open security and safety ecosystem We're truly pleased at the progress achieved in just our first year by establishing an open security and safety ecosystem" Johan Jubbega adds, “We're truly pleased at the progress achieved in just our first year by establishing an open security and safety ecosystem comprised of 30+ renowned companies and having a market-changing digital marketplace and first commercially available video security camera offerings underway for year two, as the Alliance continues to provide guidance and interpretation of common standards and specifications to promote more intelligent, productive solutions for users.” Currently, security and safety solutions are fragmented and there is no collaborative approach to systems working together for bigger-picture success. Large amounts of data are left untapped in siloed systems that through cooperation can instead be utilized for better living, safety, and security purposes. Working with common vendor-agnostic OS OSSA's mission is to work with market players so as to ensure that everyone starts from the same ‘recipe’, when it comes to the development, deployment, operation, and maintenance of products, software, and services. The Alliance's vision is that the majority of the security and safety industry works with a common, vendor-agnostic operating system (OS) and IoT infrastructure and agrees to implement or adhere to common approaches defined for common challenges, such as data security, privacy, product performance and easy consumption of data across multiple solutions. Collaborative digital marketplace This will substantially fuel usability and trust when it comes to security and safety solutions that are built on the foundations set forth by OSSA. From there, companies can differentiate through apps, by way of a collaborative digital marketplace, similar to accessing/downloading/using applications between an app store and smartphones and other digital devices. Already within its first year, OSSA member companies created the first common Technology Stack specification Already within its first year, OSSA member companies created the first common Technology Stack specification, including the definition of a common operating system for video security devices. They also started to define the common approaches and establishment of a shared IoT infrastructure, including a digital marketplace. Technology Stack specification This framework allows the trapped and mostly unused data captured by any brand of device to be unleashed and available for a good purpose. It also reduces friction when conceiving, deploying, and maintaining security and safety devices, systems, and settings and inspires innovation by opening the doors to data interpretation and possibilities. This platform revolution that OSSA envisioned will benefit everyone involved. Significant outputs from Alliance workgroups over the past 12 months include: Documentation of a common Technology Stack including the definition of a common vendor-agnostic OS. First description of a common market approach to data security and privacy. OSSA member, Security and Safety Things GmbH (SAST) realized the first version of its OS as set forth in the common Technology Stack defined by OSSA, enabling the creation of prototype cameras. Together with SAST's first open app store for security cameras, various innovative applications were showcased this year from ISC West 2019, IFSEC 2019, and GSX 2019. The commercial launch of the platform is planned for Q1 2020. OSSA members fulfilled their first prototype cameras based on the commonly defined Technology Stack and OS and showcased them throughout 2019 at ISC West, IFSEC, and GSX events. Access to the Alliance framework The Open Security & Safety Alliance's five founding companies, including Bosch Building Technologies, Hanwha Techwin, Milestone Systems, Pelco, and VIVOTEK Inc., are joined by 25+ other inventive international players that currently comprise the OSSA member roster. The Alliance is designed to include everyone and offers membership levels to meet the needs of companies, both big and small. Benefits of joining OSSA include access to the Alliance framework and the ability to connect, discuss, influence, and collaborate with other Alliance members to steer change for the betterment of the industry.

Open Security & Safety Alliance (OSSA) was formed in late 2018 with the aim to reduce market fragmentation and friction across the physical and cloud-based security markets. Founding members of the Open Security & Safety Alliance include Bosch Building Technologies, Hanwha Techwin, Milestone Systems, Pelco, and VIVOTEK Inc. These technology solutions and security companies recognize the need to align, collaborate and gather others, in order to progress and truly capitalize on the potential of the Internet of Things (IoT). Importance of connectivity Security and safety products must connect and interoperate as organizations cannot flourish in a connected world without connecting. They have to step outside brands and agree to design leveraging important commonalities to collectively evolve our market. Starting with a level-playing field allows companies of varying sizes to contribute and helps everyone to achieve an appealing and productive experience with security/safety systems, services, and devices. Vendor-agnostic OS for security and safety market OSSA member companies are creating the first common Technology Stack specification OSSA member companies are creating the first common Technology Stack specification and defining a common and vendor-agnostic operating system (OS) for the security and safety market. Together, these will fuel the development of value-added solutions as organizations focus more on imagining and innovating at the application level. This drive for unity first, differentiation second is what’s attracting forward-looking industry players to the Open Security & Safety Alliance. Commitment to a common platform and an agreed-upon approach will propel the entire market forward. IFSEC 2019 At IFSEC 2019, slated to take place from June 18 to June 20, 2019, at ExCeL London, in the United Kingdom, member companies will showcase the first prototype cameras based on Open Security & Safety Alliance’s commonly defined Technology Stack specification and OS.

Global safety equipment manufacturer MSA Safety Incorporated announces it has completed its acquisition of Sierra Monitor Corporation in an all-cash transaction valued at $33 million. Based in Milpitas, California, in the heart of Silicon Valley, Sierra Monitor is a pioneering provider of fixed gas and flame detection (FGFD) instruments and Industrial Internet of Things (IIoT) solutions that connect and help protect high-value infrastructure assets. Sierra Monitor has an annual revenue of approximately $20 million and approximately 80 employees. The acquisition enables MSA to accelerate its strategy to enhance worker safety and accountability through the use of cloud technology and wireless connectivity; a key focus of the company’s recently established Safety ioTM subsidiary. MSA launched Safety io in 2018, primarily to leverage the capabilities of its portable gas detection portfolio as it relates to cloud connectivity. “We’re very excited to officially welcome Sierra Monitor to the MSA family,” said Nish Vartanian, MSA President and CEO. “Today, the safety industry is placing greater focus on connectivity and remote monitoring to enhance worker safety. With SMC on board, we can fast track our connectivity technology from Safety io into infrastructure applications for FGFD systems,” Mr. Vartanian said.

Fire Equipment Inc. (FEI) is pleased to announce the acquisition of Tri-State Fire Protection of Smithfield Rhode Island. Tri-State Fire Protection is a globally renowned sprinkler installation and service business, which serves the US states of Rhode Island and Massachusetts. Full-service fire protection business FEI announced that the employee team at Tri-State will be joining the FEI family and will be retaining the Smithfield office location. Steve Pelletier, who resides in the Smithfield area and has many years’ experience in the fire protection industry, has been appointed to the position of General Manager for the Smithfield office. The Tri-State team will be expanding to a full-service fire protection business, building on the solid base already in place with a successful team of professionals. Fire Equipment Inc. is a full service fire protection business serving all of the US state of New England, with its headquarters located in Medford, Massachusetts and offices in West Springfield and Hyannis, Massachusetts and now in Smithfield, Rhode Island.