Securus Technologies is a leading provider of communication services for incarcerated individuals. If you’re interested in How To Invest In Securus Technologies? This article will guide you through the various aspects you need to consider.
How To Invest In Securus Technologies?
Investing in Securus Technologies is a bit complex due to its private nature. The company is not publicly traded, so its shares are not available on the stock market. However, Securus Technologies has received investments from various entities, including Gerald J. Levin, Harbour, Morris Cox, and ABRY Partners.
The company has also announced that it has exceeded $600 million in direct investments in technologies, patents, and acquisitions over the last three years.
If you are keen on investing, one avenue to explore is the PitchBook Platform, where you can request access to the profile of Securus Technologies and potentially find some information about investment opportunities.
ABRY Partners, one of the investors, typically invests between $25 million and $150 million of equity in private equity funds. Therefore, if you are looking to invest a significant amount, reaching out to such private equity firms could be a way in.
Some Investors of Securus Technologies
Securus Technologies has attracted investments from various entities over the years. Here are some notable investors:
Gerald J. Levin
Gerald J. Levin invested in Securus Technologies on April 1, 2013. He is the Senior Managing Director at Mesirow Financial and leads the firm’s Sale-Leaseback Capital Practice. With over 35 years of experience in the real estate industry, Levin also holds an Illinois Real Estate Broker License.
Harbour
Another investor, Harbour, also invested in Securus Technologies on April 1, 2013. Harbour is known for its diverse investment portfolio, which includes other companies like GetBack, which invested on June 1, 2016.
Morris Cox
Morris Cox invested in Securus Technologies on April 1, 2013. He is an Associate at Red Oak Growth Partners and is responsible for sourcing and evaluating investment opportunities. Morris Cox has founded and worked with companies as an entrepreneur in various sectors like energy, software automation, and consumer services.
He has also worked in GE Capital’s Energy Financial Services group and holds an MBA from Columbia Business School and dual undergraduate degrees in Physics and Mathematics from MIT.
ABRY Partners
ABRY Partners is a private equity firm that focuses on investments primarily in media, entertainment, communication, education, and healthcare services. The company invested in Securus Technologies and generally invests between $25 million and $150 million of equity in private equity funds. Their investment period usually ranges between three and seven years.
Understanding Securus Technologies
Securus Technologies specializes in providing communication services to the incarcerated. They offer a wide range of products and services, including data analytics, video visitation, and inmate education.
Investment Options
While direct investment information is not available, you can look into related sectors or companies that collaborate with Securus Technologies for investment opportunities.
Risks and Rewards
Investing in a company like Securus Technologies comes with its own set of risks and rewards. Make sure to do your due diligence before making any investment decisions.
Investor Profiles
Some of the known investors in Securus Technologies include Gerald J. Levin and Harbour. Understanding their investment strategies could offer insights into how you might approach investing in Securus Technologies.
Investment Strategy
Given the lack of public information, having a well-thought-out investment strategy is crucial. This could involve monitoring the company’s performance, news, and any public announcements related to investment opportunities.
Diving Deeper into Investing in Securus Technologies
Alternative Investment Avenues
If direct investment in Securus Technologies is not an option, consider investing in related sectors or companies that have partnerships with Securus. This could provide an indirect way to benefit from the company’s growth.
Market Trends and Future Outlook
Understanding the market trends in the corrections industry can offer valuable insights. With the increasing focus on rehabilitation and reducing recidivism, companies like Securus Technologies are likely to evolve their service offerings.
Regulatory Considerations
Being in the corrections industry, Securus Technologies operates in a highly regulated environment. It’s crucial to understand the legal landscape and how it could impact your investment.
Social and Ethical Considerations
Investing in a company that operates in the corrections industry comes with its own set of social and ethical considerations. Make sure your investment aligns with your personal values and ethical beliefs.
Tax Implications
Before making any investment, it’s essential to understand the tax implications. Different types of investments are taxed differently, and it’s crucial to consult a tax advisor for personalized advice.
Liquidity Concerns
If you’re considering a long-term investment, assess the liquidity of your investment options. Some investments may have lock-in periods or penalties for early withdrawal.
What Company Owns Securus?
Securus Technologies is a technology communications firm that serves correctional facilities and incarcerated individuals across the United States. The company is a subsidiary of Aventiv Technologies.
It is owned by Beverly Hills-based private equity firm Platinum Equity, which is owned by billionaire Tom Gores. Platinum Equity acquired the company in 2017 and has since been working on reorganizing it as a more diverse technology company.
What Is The New Name For Securus Technologies?
Securus Technologies underwent a transformation and is now a subsidiary of Aventiv Technologies. The change was part of an ambitious multi-year effort announced in 2020 to transform the company into a technology firm focused on rehabilitation.
Aventiv Technologies serves as Securus’ new corporate parent, aiming to make its products more affordable and accessible for consumers.
How Much Does Securus Make?
Securus Technologies is a technology communications firm that serves Department of Corrections facilities and incarcerated individuals across the United States. The company was partially acquired by ABRY Partners from Castle Harlan in 2013 for $640 million. Securus is owned by Beverly Hills-based private equity firm Platinum Equity.
As of the end of 2021, Aventiv Technologies, the parent company of Securus, deployed over 400,000 tablet devices to incarcerated individuals.
The company employs approximately 1,600 people and is reported to have contracts with 2,600 correctional facilities in the United States. However, specific financial figures regarding their annual revenue or profits are not publicly disclosed.
What Does Securus Technologies Do?
Securus Technologies provides a range of services aimed at the corrections industry, including technology, rehabilitative electronics, and telecommunications for correctional facilities.
Their product offerings include tablets, money transfers, communications, education, and reentry services for incarcerated individuals.
The company has faced criticism in the past for high call pricing, data security issues, and monopolistic practices. They have also been involved in various transformation efforts to rebrand themselves as a technology company focused on rehabilitation.
Conclusion
In summary, while specific details on how to invest in Securus Technologies are scarce, there are various ways to approach potential investment opportunities in this sector. Always remember to conduct thorough research and consider your investment strategy carefully.
People Also Ask
Is Securus Technologies a Publicly Traded Company?
No, Securus Technologies is not a publicly traded company. It is a privately held company, which means that its shares are not available for purchase on public stock exchanges.
What Does Securus Technologies Specialize In?
Securus Technologies specializes in providing communication and technology services to correctional facilities. Their offerings include video visitation, data analytics, and inmate education.
Are There Alternative Ways to Invest in Securus Technologies?
Yes, while you may not be able to directly invest in Securus Technologies, you can look into companies that collaborate with them or invest in related sectors like technology and corrections.
What Are the Risks Involved in Investing in This Sector?
The corrections industry is highly regulated and subject to legal scrutiny. Additionally, the ethical considerations of investing in a company that operates within the corrections industry should be taken into account.
What Are the Tax Implications of Investing in Such a Company?
The tax implications can vary depending on the type of investment and your country of residence. It’s advisable to consult a tax advisor for personalized advice.
A multifaceted professional, Muhammad Daim seamlessly blends his expertise as an accountant at a local agency with his prowess in digital marketing. With a keen eye for financial details and a modern approach to online strategies, Daim offers invaluable financial advice rooted in years of experience. His unique combination of skills positions him at the intersection of traditional finance and the evolving digital landscape, making him a sought-after expert in both domains. Whether it’s navigating the intricacies of financial statements or crafting impactful digital marketing campaigns, Daim’s holistic approach ensures that his clients receive comprehensive solutions tailored to their needs.
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