Industry: Security Systems Integration, December 2005
Investment Type: Growth Capital
Company Description: Orad Ltd. ("Orad") is one of Israel's leading integrators of systems for fire safety, traffic management and homeland security. The Company’s solutions in these areas include fire detection and extinguishing systems, traffic monitoring, signal control, parking facility management, prison security and border protection. Recently, Orad successfully expanded its product offerings and penetrated new markets, which included major traffic management systems in both Azerbaijan and Israel. Orad’s business is characterized by a highly diversified customer base, long-term post installation service agreements and exclusive distribution agreements with key equipment suppliers.
Transaction: Shamrock invested in Orad in a structured transaction which, based upon milestones and a call option, could increase over time.
