Connect America - Onex Falcon

Connect America

Small, but rapidly growing company within an evolving industry

Business Description:

Connect America Holdings, LLC (“Connect America”) is a leading provider of Personal Emergency Response Systems (“PERS”). PERS allow seniors to stay more safely at home by providing them with a wearable device that allows them to alert a monitoring agency or 911 when an accident, such as a fall, has occurred. Connect America is one of the five largest PERS providers in the U.S. as well as one of the largest direct-to-consumer companies in the industry. The Company was founded in 2004 and is headquartered in Broomall, PA.

Falcon Solution:

Falcon partnered with a non-traditional private equity group with a deep understanding of the direct-to-consumer business and management to acquire Connect America. Falcon provided a flexible capital structure to allow the Company to continue its rapid growth. Falcon invested senior subordinated notes with warrants, convertible preferred equity and common equity.

Back to Investments

Investment Date:

DEC 2010

Transaction Type:

Buyout

Industry:

Consumer healthcare equipment and services

Sponsor:

Independent sponsor

Securities:

Senior subordinated notes, convertible preferred equity, and common equity

Exit Date:

Current investment