GTCR Completes Sale of Protection 1

July 1, 2015

Chicago, IL
GTCR, a leading private equity firm, announced today that it has completed the previously announced sale of Protection 1 (“Protection 1” or the “Company”) to Apollo Global Management.

Protection 1 is among the largest providers of security alarm monitoring in the United States. The Company provides installation, maintenance and monitoring of security systems for residential, commercial and national accounts customers nationwide. Protection 1 serves nearly 2 million customers and employs over 3,500 people in more than 70 office locations and five UL Certified monitoring centers across the country.

In executing its Leaders Strategy™, GTCR partnered for a third time with security industry leader Tim Whall to acquire Protection 1 in 2010. Mr. Whall previously partnered with GTCR on successful investments in Cambridge Protection Industries and HSM Electronic Protection Services.

Since GTCR and Tim Whall completed the acquisition in 2010, Protection 1 materially strengthened the customer experience and improved customer retention in the Company’s core business. In addition, the Company successfully expanded into new residential and commercial sales channels through strategic acquisitions and select additions to its management team.

Morgan Stanley & Co. LLC and Raymond James served as financial advisors and Latham & Watkins LLP provided legal counsel to Protection 1 and GTCR.

About GTCR
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™—finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $10 billion in over 200 companies. For more information, please visit www.gtcr.com.

About Protection 1
Headquartered in Romeoville, Illinois, Protection 1 is among the largest providers of security alarm monitoring in the United States. The Company provides installation, maintenance and monitoring of security systems for residential, commercial and national accounts customers nationwide. Protection 1 serves nearly 2 million customers and employs over 3,500 people in more than 70 office locations and five UL-Certified monitoring centers across the country.