ArchPoint Partners Advises Field ID in Its Sale to Master Lock
SAN FRANCISCO, CA -- (Marketwire) -- 03/11/13 -- ArchPoint Partners
(ArchPoint) is pleased to announce that it acted as sole financial
advisor to N4 Systems, Inc. -- the company behind Field ID -- in its
sale to Master Lock Canada, Inc., a wholly-owned subsidiary of Master
Lock Company LLC.
Master Lock is the world's largest manufacturer of padlocks and
related security products providing innovative security solutions for
home, automotive, campus, power sports, bike and storage security
needs for consumers and industry alike. Master Lock Company LLC is an
operating unit of Fortune Brands Home & Security, Inc., a leading
consumer brands company. Headquartered in Deerfield, Ill., Fortune
Brands Home & Security, Inc. is included in the S&P MidCap 400 Index.
Somen Mondal, CEO and Co-Founder of Field ID, commented, "Rob Louv
and the ArchPoint team were able to bring a level of process
expertise critical to the success of this transaction. Indeed, Rob's
comprehensive understanding of negotiating a transaction and driving
value was invaluable to me and the board. As a Software as a Service
("SaaS") company, we also took great comfort in knowing that the
ArchPoint team had completed over forty SaaS transactions as a firm."
Rob Louv, founding partner at ArchPoint, served as lead advisor to
the company and its investors, and remarked: "ArchPoint was honored
to work with Field ID in advising on this important transaction, and
we congratulate Somen Mondal, Shaun Ricci and the Field ID team on
About ArchPoint Partners:
ArchPoint Partners is consistently credited with market-leading
financing and business combination outcomes in the technology and
media sectors. ArchPoint leverages its combined experience in
operations, strategy and investment banking to provide astute
strategic advice for mergers, acquisitions, divestitures, spin-offs,
private capital raising and restructuring. In addition, the firm
provides both long-term and short-term board advisory services.
ArchPoint is based in San Francisco, California and serves clients
worldwide. Securities are offered through Financial Telesis Inc.,
Member FINRA/SIPC. This testimonial may not be representative of the
ces of other clients. There is no guarantee of future
performance or success.
About Field ID
Field ID is a leading provider of safety compliance and inspection
management software for the web and mobile devices operating on
Google Android, Apple iOS and Windows Mobile. The company's
easy-to-use, cloud-based inspection software has revolutionized the
way organizations manage safety compliance and create safer
workplaces. Field ID combines web-based and mobile technologies with
the power of electronic identification (RFID and barcodes) to improve
the efficiency, reliability and reporting of workplace safety
management. Manufacturers, distributors, third party inspectors and
end users worldwide use Field ID to inspect facilities and equipment,
conduct job site audits, manage corrective and preventive actions,
improve training/certifications management, and track assets such as
cranes, slings and harnesses. For more information, please visit
Want to know more?
Director of Business Development
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