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TripleTree’s client, TriTech Software Systems, headquartered in San Diego, announced the completion of a growth capital investment from WestView Capital Partners, a Boston-based private equity firm. TriTech, which provides mission-critical software and IT solutions that enable highly efficient communication and rapid deployment of police, fire, emergency medical services ( EMS), and Federal agencies, is a highly profitable and fast growing provider that is quickly emerging as a leader in the public safety & Homeland Security markets. The infusion of capital was part of a recapitalization plan helping TriTech continue its growth in the marketplace by expanding its public safety offerings.

TriTech’s founder and CEO, Chris Maloney, will continue to be majority shareholder while WestView Capital Partners will hold a minority ownership position in the Company. Mr. Maloney will continue to serve as CEO and Chairman of the Board, and the existing executive management team will remain in place. TriTech will continue to exclusively focus its product development and services on supporting public safety software applications for top tier law enforcement, fire and emergency medical service agencies throughout the world.

“TriTech has solidified a leading position in the public safety market by developing technology solutions that our clients need to effectively respond to an ever-increasing number of routine, emergency or catastrophic events,” said Chris Maloney, President and CEO of TriTech. “In light of 9/11 and natural disasters such as Hurricane Katrina, public safety and homeland security have become a top priority for many communities. Thus our commitment remains toward providing interoperable and sophisticated regional response systems that protect the public at large. By partnering with WestView, we will be able to leverage their capital and expertise enabling TriTech to meet the increasing needs of the marketplace and provide an expanded suite of innovative products to complement our dispatch and mobile solutions while maintaining the highest level of customer satisfaction for our growing number of clients.”

“We look forward to partnering with TriTech as it exemplifies the type of industry leading company in which WestView seeks to invest,” said Rick Williams, managing partner at WestView, who will join the company’s board of directors. “TriTech is rapidly growing, very profitable and well-managed. We are pleased to support Chris Maloney and the rest of TriTech’s management team to help build upon TriTech’s strong position in the public safety software industry.”

TripleTree is a boutique investment bank that specializes in mergers and acquisitions, raising capital, and providing financial advisory services to businesses in the technology, business services, and healthcare industries with a hands-on approach. An investment bank and an industry thought leader, TripleTree knows how to plan a successful campaign and how important it is to find the right partner – a partner that will strategically complement the Company’s offerings, as well as form a team that is motivated along similar strategic directives.

Dating back to 2003, TripleTree and TriTech have had a long-standing relationship that has included the consummation of three transactions for the Company, with the recapitalization being the most recent event. Said Chris Maloney, “Being involved with other investment banking firms in my past, TripleTree stands apart in the value they provide throughout and their commitment. TripleTree has continually provided value beyond just a trusted financial advisor to include many important strategic decisions leading up to this recapitalization. Their commitment, industry knowledge, and transactional expertise have all been important contributors to positioning TriTech on the path towards leadership in our sector.”

To read a case study on this transaction, please go the Engagement section of our website or click here.

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