A Connecticut-based provider of scheduling software for off-duty law enforcement and public safety agencies has gotten some backup from a New York private equity firm. Shelton-based Extra Duty Solutions (EDS) said Thursday that it “received a significant growth equity investment” from Bregal Sagemount. The deal’s financial terms were not disclosed. The investment, EDS said, will […]
A Connecticut-based provider of scheduling software for off-duty law enforcement and public safety agencies has gotten some backup from a New York private equity firm.
Shelton-based Extra Duty Solutions (EDS) said Thursday that it “received a significant growth equity investment” from Bregal Sagemount.
The deal’s financial terms were not disclosed.
The investment, EDS said, will support its strategic growth initiatives focused on enhancing its technology offerings, expanding its geographic footprint, and growing its product portfolio for law enforcement and public safety agencies.
The company is headquartered at 6 Corporate Drive, in Shelton, and has 118 employees.
“Since founding EDS in 2015, we have remained tirelessly focused on being a partner to law enforcement agencies in administering and optimizing their off-duty programs to serve the best interest of the agencies, personnel, and communities they serve,” said EDS’ CEO and founder Rich Milliman. “As we enter our next phase of growth, we are excited to partner with Sagemount and leverage their expertise in scaling market-leading technology-enabled businesses to accelerate our efforts to enable law enforcement and public safety agencies to operate more efficiently and effectively in delivering services in their communities.”
Sagemount partners Blair Greenberg, Sean Lenahan and Harrison Brunelli will join EDS’s board of directors.
EDS was advised by Capstone Partners and Holland & Knight. Sagemount was advised by Massumi & Consoli and Paul Weiss.
