Press Release – March 2019
Bundy Group served as exclusive advisor to Templeton-Vest
Bundy Group, a boutique investment bank, advised Templeton-Vest and its shareholders. ("Templeton-Vest" or the "Company"), one of Virginia’s premier integrators of fire, security, sound and data communications solutions, in a sale to the VSC Fire & Security, Inc. ("VSC"), a multi-state contractor for the inspection and installation of fire sprinkler, fire alarm, security, and low voltage systems. Templeton-Vest was founded in 1970 and is headquartered in Salem, VA with an additional office in Richmond, VA. Templeton-Vest is led by Tom Leonard and has approximately 55 employees. Michael Meehan President of VSC, stated that "We believe that Templeton-Vest will complement the services VSC offers customers in the Virginia market. We are pleased to welcome Tom and his team to the VSC family."
Bundy Group was hired by Templeton-Vest based on Bundy Group's extensive experience in the Systems Integration sector. In its role as the exclusive investment banking advisor to the shareholders and Company, Bundy Group ran a targeted marketing process focused on finding the right fit buyer for Templeton-Vest and obtaining maximum value for the shareholders.
Bundy Group was led by Managing Directors Jim Mullens and Clint Bundy. The Templeton-Vest transaction represents Bundy Group's second closed transaction in 2018 in the Systems Integration, Fire & Security sector.
About Bundy Group
Bundy Group is a boutique investment bank that specializes in representing business owners and management teams in business sales, capital raises and acquisitions. The 29-year old firm has closed over 200 transactions across a range of industries. More information can be found at www.bundygroup.com.