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FOR IMMEDIATE RELEASE : Blackford Capital Acquires Assets of Best Security IndustriesJanuary 12 , 2007 - DelRay Beach, FLORIDA -- Blackford Capital, a middle-market private equity firm, has acquired the assets of Best Security Industries. Best Security Industries is a leading North American manufacturer and distributor of compatible electronic article surveillance products. Best Security Industries, based in Delray Beach, Florida, provides products and services that address retailers’ loss prevention needs, including technically advanced anti-shoplifting equipment. The Managing Directors of Blackford Capital, Martin Stein and Tony Kiehn, have extensive experience operating and developing manufacturing companies. Mr. Kiehn will serve on the Board of Directors of Best Security Industries, using his expertise in international business and manufacturing to increase the company’s profitability. Blackford Capital is a private investment firm that acquires, manages, and builds middle-market manufacturing, distribution, and service companies. For more information, please contact Managing Director Tony Kiehn at tkiehn@blackfordcapital.com or visit www.blackfordcapital.com. For information on Best Security Industries, please visit www.bestsecurityindustries.com. |
Blackford Capital,
LLC. 9245 Research Drive, Irvine, CA 92618 T: (949) 334-0374 | F: (949) 334-0375 | email: info@blackfordcapital.com | www.blackfordcapital.com |