Exited Investments
 
Coastal Security Company
 
Coastal was a retail and wholesale security alarm monitoring company based in Florida. We acquired the company in November 2002. Coastal had a history of consistent growth and low customer attrition and we expected a continuation of its growth profile given its industry and geography. After three years of organic growth and accretive acquisitions, we successfully exited the investment in 2005 through a sale to a strategic acquirer.
   
Coastal Security Company was a portfolio company of our first fund, Topspin
Partners, LP.