Five V Capital are excited to announce our sixth Fund IV investment, acquiring a majority shareholding in Permaconn, a leader in alarm signalling communications technology.
Founded in 1999, Permaconn has grown to become the default choice for professionally monitored alarm connectivity, underpinned by a clear history of technology leadership and focus on customer solutions. Five V's investment will support the business during its exciting next phase of organic and acquisitive growth. We look forward to partnering alongside Permaconn's existing management team: Marc Englaro, Andrew Lee, Chad Pierce and Kendall Paix.
Five V's Tim Cooper said: "We are excited to partner with Marc and the whole Permaconn team. Permaconn’s continued strong technology innovation and remarkable business metrics are a credit to the team and we look forward to bringing Five V’s tech-enabled growth expertise for the next phase of the journey."
Permaconn CEO, Marc Englaro said: "We are delighted to have partnered with Five V and excited that they share our vision for the future of the business. The whole team is looking forward to the next chapter."
Thank you to our advisors: MA Moelis Australia, PwC Australia, Gilbert + Tobin and BCG.
Five V Deal Team: Tim Cooper, Bravin Ragavan, Matthew Coffey