Signal 88, the leading provider of franchised security services, announced today that it has selected McCarthy Capital Fund V as a minority investment partner. Headquartered in Omaha, NE, Signal 88 offers law enforcement and community-based security personnel, incorporating state-of-the-art technology, to provide customized security services to the business community.
The investment by McCarthy Capital is made in partnership with the management team and employees of Signal 88 to continue building the preeminent contract security services provider focused on providing a combination of roving patrol and dedicated guard services. Signal 88 currently provides services in 38 states through more than 100 franchises serving nearly 300 territories across North America.
Reed Nyffeler, CEO and Co-Founder of Signal 88, commented, “We are honored to welcome McCarthy Capital into the journey of Signal 88. Our mission to both promise and deliver security for property and lives through the services we provide creates an unprecedented opportunity for growth and value creation across our entire platform. While we continue to aggressively build the first and largest franchise network in the category, we look forward to McCarthy Capital helping us along the way to reach our goals and realize our potential.”
The opportunity to partner with Signal 88 is consistent with McCarthy’s core investment approach of providing capital to help management teams successfully grow and scale their businesses. “McCarthy Capital is very excited to partner with Signal 88 and such a talented management team. Signal 88 successfully established the first security services franchising platform and we anticipate strong growth going forward,” commented Brian Zaversnik, Vice President at McCarthy Capital.
McCarthy Capital Fund V is managed by McCarthy Partners Management, LLC, an affiliated RIA of McCarthy Capital (“McCarthy”). McCarthy, headquartered in Omaha, is focused exclusively on lower middle-market companies. For more than 25 years, the McCarthy organization has been partnering with founders, families and exceptional management teams to support the growth of their companies.