Protegrity Advisors, ranked among the country’s top M&A advisory firms for the lower middle market, has served as the exclusive advisor to New York-based smart technology integrator Symbrant Technologies in its acquisition by sale to Eastern DataComm, a portfolio company of Baymark Partners.
Founded in 1988 and headquartered in Hackensack, New Jersey, Eastern DataComm is a safety and communications technology firm specializing in keeping schools, businesses, and municipalities “connected and protected.” Symbrant Technologies is a leading full-service smart technology integrator in the New York City metro area, whose many offerings include access control systems, surveillance cameras, alarms, audio and video conferencing, smart boards, telephone systems, intelligent and stage lighting, as well as smart home automation, and all the associated wired and wireless networking needed.
Keith Dalia founded Symbrant Technologies in 2002 and was joined by Christos Papachristou as an equal partner in 2007. Together, they have grown the company to now service over 80 school districts and more than 2,000 buildings throughout Long Island, New York City, and some upstate counties.
“Joining forces with Eastern DataComm will enable the combined entity to expand into additional regions and sectors rapidly,” said Dalia. Al Harnisch, CEO of Eastern DataComm, echoed those sentiments and added, “Symbrant’s culture of putting the client first is identical to our own, and we are excited to add such a dedicated group of employees to our team.”
“While Symbrant’s reputation for excellence and reliability is especially well-known in the public school sector, its reach extends to corporate, residential, and government clients, all of which is a perfect match for Eastern DataComm,” said Mark Pollack, President of Protegrity Advisors.
Papachristou expressed his appreciation for Protegrity Advisor’s role, saying that “the Protegrity team was deeply involved every step of the way, from advance preparation through letter of intent, due diligence and contract negotiations. Keith and I felt that we had an extremely dedicated, highly knowledgeable, true partner at all times.”
According to David Hook, Managing Partner of Dallas-based Baymark Partners, “It was a pleasure working with Protegrity Advisors – the entire team was incredibly competent, professional, responsive, and easy to work with – we hope to work with them again on other deals in the future.”
About Protegrity Advisors:
Protegrity Advisors is a leading M&A advisory firm serving companies with $10 million to $100 million in revenue across a wide range of industries. Our seasoned advisors, who have firsthand experience as business owners, CEOs, CFOs, General Counsel, and investment bankers, bring unique perspectives to every transaction. Protegrity Advisors is dedicated to helping clients confidentially navigate complex M&A transactions to achieve a full or partial business exit and personal financial goals. Named a Top 10 Lower Middle Market Investment Bank for 2024 by Axial, Protegrity is also a member of Pandea Global M&A, a network of selected independent firms operating in over thirty countries. For more information, see www.ProtegrityAdvisors.com.
