Mesirow Advises eDispatches.com on its sale to RapidSOS
- eDispatches.com provides innovative and essential alerting and response management services, including reliable real-time alerts and automated emergency dispatch notification services to over 5,000 public safety agencies, including fire, EMS and police departments , in the U.S. and Canada.
- The successful transaction further exemplifies Mesirow’s experience in the technology, public safety, emergency response and GovTech sectors
CHICAGO, September 19, 2024 – Mesirow, an independent, employee-owned financial services firm, announced it acted as exclusive financial advisor to eDispatches.com (“eDispatches” or the “Company”) on its sale to RapidSOS.
Founded in 2004 and headquartered in Kinnelon, NJ, eDispatches is a leading emergency dispatch notification service provider that uses voice, text, and a proprietary application to automate the delivery of emergency audio and text alerts to first responders in real-time. The Company’s mission-critical emergency response solution serves a stable customer base of thousands of first responders in the U.S. and Canada. RapidSOS is an intelligent safety platform that securely links data from millions of connected devices and buildings directly to 911 and first responders.
“Throughout this process, Mesirow offered unwavering support. Their expertise in advising technology and public safety SaaS companies helped us successfully complete our strategic transaction with RapidSOS,” said Thomas Stearn, President of eDispatches.
Shane McDaniel, Managing Director at Mesirow, said, “eDispatches is an innovative leader in the public safety communications sector and their acquisition by RapidSOS will greatly expand their customer base, reach, technology platform and solutions portfolio and increase their overall market position. This acquisition propels the mission of both companies to safeguard communities and to revolutionize emergency dispatch services, ensuring swift and effective communication during critical moments of need. We look forward to watching the continued success of these businesses.”
The sale of eDispatches represents another successful technology assignment completed by Mesirow Investment Banking. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep, longstanding relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of its clients.
Mesirow Investment Banking has completed over 325 transactions in recent years across its covered verticals.