Lometa Capital Partners Announces Investment in Monaco Enterprises

Spokane, WA – October 1, 2019 – Lometa Capital Partners is pleased to announce the acquisition of Monaco Enterprises, Inc. and its partnership with management to capitalize on the industry growth of fully integrated emergency management systems.  Monaco is a leading manufacturer and service provider of incident response and emergency management solutions for U.S. Government, and industrial facilities that are essential to the safety and security of military bases, domestic and international. Through the development of superior technology and innovative product designs, Monaco has established strong customer bases, delivering products that canvass fire monitoring, mobile-first responder dispatch, and integrated emergency incident management. 

The Company’s flagship systems enable all first responders with the ability to establish a common operating picture, share real-time incident updates and intelligence and coordinate a timely, effective response.  Monaco’s fully integrated hardware and software solutions require specialized engineering expertise and proprietary know-how in the areas of mechanical design, electronic control systems, and imaging software.  Monaco is led by a deep, experienced management team with over 60 years of combined experience in industrial and customized product development.

“We are inspired by the Company’s track record of growth and exceptional team – MEI is an established strategic partner with its customers, developing custom solutions for some of the most demanding government installations and comparable facilities,” said Kevin Williams, Partner at Lometa. “Our family office capital base and long-term investment horizon is well suited to support the Company’s investment in its capabilities and pursuit of accretive acquisitions.”

This transaction provides capital to accelerate the expansion of the Company’s geographic footprint to support even more localized customer need, and further positions MEI as the service provider of choice.  Moreover, MEI plans to accelerate investment in its team as well as its next-generation products.  These investments will further reinforce the Company’s industry-leading product quality, delivery times, and overall customer satisfaction.

The Lometa deal team included Cramer Williams, Kevin Williams and Neal Jain.  American Investment Company, led by Colby Rollins, Matt Ireland, John Temple, Cathy Handley, and Jason Stowell, committed the debt financing to support the recapitalization.