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Huron Capital’s Sciens Building Solutions Completes Another Acquisition
Detroit, MI – July 20, 2017 – Huron Capital today announced its fire detection and security services ExecFactor® platform, Sciens Building Solutions (“Sciens”), has acquired Pleasanton, Calif.-based Sabah International, Inc. (“Sabah”). This is another acquisition for Sciens, which Huron Capital formed in September 2016 in partnership with CEO Terry Heath to pursue a buy-and-build investment strategy in the fire detection and security services sector.
Founded in 1972, Sabah works with its clients to design, install, service, and maintain fire detection and suppression systems, as well as leak detection and integrated security systems. The company primarily serves the technology, healthcare, financial services, education, government, and commercial end markets. Sabah CEO Michele Sabah be working closely with the Sciens Board, while Sabah President Matt Ramsey will continue in his current role of developing and growing the business.
“I am very proud of the company we have built over the years and we could not have done it without our great employees,” said Michele Sabah. “We chose to partner with Sciens because of our shared values and this exciting buy-and-build strategy, which we believe will allow our employees to further develop in their careers while remaining firmly focused on the satisfaction of customers.”
“With our ethos focused on people, quality and customer service, we think we have built an amazing company,” said Ramsey. “We believe being part of Sciens will further reinforce our core beliefs and mission, plus provide new opportunities to Sabah employees.”
“We think Sabah is a great addition to the Sciens platform,” said Heath, Sciens CEO. “Sabah gives us a meaningful presence on the West Coast, with an impressive customer list and a strong reputation in the market.”
Jim Mahoney, Partner at Huron Capital, added, “With three companies now under the Sciens umbrella and offices on both coasts, Sciens is becoming a significant player in the fire detection and security services arena. With Terry Heath’s leadership, we will continue to look for acquisition opportunities as we seek to further expand this ExecFactor® platform.”
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
