CSL’s management team makes re-investment move with Norland, Iconiq and RIT Capital Partners

CSL's founder Simon Banks

CSL’s founder Simon Banks

CSL, the provider of critical connectivity solutions for machine-to-machine communications, has been acquired by Norland Capital, Iconiq Capital and RIT Capital Partners.

With over 400,000 managed connections, CSL is the market leader, providing managed connectivity within the fire and security as well as the telehealth sectors.

Since Bowmark’s investment in 2011, CSL has invested significantly in its core fire and security customer base, providing high levels of service and product innovation. As a result, CSL’s DualCom signalling range has become the market-leading solution for over 2,000 professional security installers and the security solution of choice for thousands of commercial businesses and High Street brands.

CSL’s founder, Simon Banks, explained: “We’re keen to continue investing in product innovation and support for our fire and security customer base in the UK, Ireland, the Nordics and the Netherlands. The new partnership enables CSL to expand into other close verticals and take managed connectivity to a world stage.”

Also commenting on the news, Ed Heale (CSL’s managing director) said: “With the support of our new financial partners, we can continue to improve the service we provide in our existing markets, as well as accelerate our plans in other sectors both organically and through acquisition.”

 

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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