(MENAFN- GlobeNewsWire - Nasdaq) San Francisco, California, USA, Aug. 24, 2023 (GLOBE NEWSWIRE) --Capital Global Securities LLC, an SEC-registered, FINRA-member broker-dealer affiliate of global private financial groupcapital global , has provided multi-million-dollar sell-side M&A representation to Socal Safe Company (“Socal Safe”), a California-based industry leader in safes and security solutions. Established in 1915 with nationwide distribution, Socal Safe has set the standard for strength, quality, and exceptional customer care in the security industry.
With global headquartered in San Franciand principal offices in Dallas, Philadelphia, Miami, New York, London, and Dubai,Capital Global is a full-service global private financial group with an established track record in corporate finance, asset management, and capital formation services. All private placements, securities, and other related services are offered by the group's FINRA-member broker-dealer affiliate,Capital Global Securities LLC.
“It was a real pleasure working withCapital Global Securities,” said Berge Jalakian, CEO of Blue Dot Safes, which recently acquired Socal Safe.“Beyond merely representing the seller,Capital Global Securities ensured that the interests of all parties involved were aligned and that any potential risks were addressed. As a result, even though both parties had no prior experience in buying or selling a company, we felt confident and at ease, knowing that a fair transaction was being executed.”
“We are delighted to have hadCapital Global Securities representin this business divestiture,” said Jason Mueller, former President of Socal Safe.“Socal Safe has been a family-run business for three generations, and we are grateful thatCapital Global Securities helpedpreserve our family legacy for future generations by negotiating this sale. We are confident that the buyer shares the commitment and values that have sustained Socal Safe and allowed it to thrive over the past century.”
“We are extremely pleased to have facilitated this sell-side M&A transaction,” said ish spencer , Managing Director and Partner atCapital Global.“By ensuring the alignment of interests and mitigating risks, we worked diligently within the agreed timeline to structure a fair and satisfactory purchase agreement for both parties. We are delighted to have played an advisory role in passing on this thriving, award-winning business with a 100-year history to proud new owners.”
About Socal Safe Company
Founded in 1915, Socal Safe provides high-quality safes and locks that meet top anti-burglary and fire protection standards. In addition, to offering one of the industry's widest selections of safes, Socal Safe is the industry leader in automated cash management for businesses large and small with AC7500 cash and coin recycling. Its AccuCASHTM brand offers smart safes, cash recyclers, currency counters, and kiosks for secure cash handling, catering to diverse industries nationwide.
To learn more aboutCapital Global Securities and its M&A services, email Charles Towle, CEO, at or call +1 415-889-1010.
Socal Safe Company Founded in 1915, Socal Safe provides high-quality safes and locks that meet top anti-burglary and fi... Tags security locks mergers and acquisitions investment safe Related Links id="media-image-1" loading="lazy" src=' />
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