• Hellman & Friedman acquires controlling interest in SimpliSafe

    2 monthes ago - By Tech Crunch

    SimpliSafe , the company behind the well-received SimpliSafe home security service , today announced that Hellman & Friedman , the massive venture fund and private equity firm, has taken a controlling interest in the company. While the two companies didn't disclose the terms of the transaction, sources close to SimpliSafe tell us that the deal valued the company at about $1 billion.
    Hellman & Friedman also currently own a number of other brands. ranging from Grocery Outlet to insurance software specialist Applied Systems (and which owned companies like Getty Images, Scout24 and others in...
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