June 12, 2018 - Sarasota, FL, Ways Technology announced today it has engaged New York based Maxim Group as its exclusive financial adviser and investment banking firm.
Founded in 2002, Maxim Group is a leading full-service investment banking, securities and wealth management firm headquartered in New York. We provide a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed income and derivative sales & trading, equity research and prime brokerage services to a diverse range of corporate clients, institutional investors and high net worth individuals.
Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB). We are members of the following:
Financial Industry Regulatory Authority (FINRA)
NASDAQ Stock Market
NYSE Arca, Inc.
The Investors Exchange (IEX)
Securities Insurance Protection Corporation (SIPC)
Ways Security: M&A Roll-up Strategy
The monitored security industry has over 12,000 security dealers of various sizes and types, and is an industry ripe for consolidation. Ways Security, through its Dehart Alarm System brand is one of those consolidators. Currently, the company has two (2) Letters of Intent pending and in process, and is steadily looking at other opportunities in the industry.
Growth Plans at Ways
Ways Security is an operationally focused investment firm with plans to build a premier, lower-middle market, full-spectrum monitored security company with annual revenues of between $25MM and $50MM. Ways Security plans to achieve this through a disciplined execution of managements' acquisition and organic growth strategy, and then seek a liquidity event at a significant multiple of invested capital.