Introduction
Convergint Technologies is a global leader in the design, installation, and service of integrated building systems. Founded in 2002, the company has grown to become one of the most successful and respected providers of integrated solutions for commercial, industrial, educational, healthcare, and government facilities worldwide. But who owns Convergint Technologies? In this article, we take a comprehensive look at the company’s ownership, exploring the history behind it, the people behind it, and the current shareholders.
A Profile of the Ownership of Convergint Technologies
Exploring the History Behind Convergint Technologies’ Ownership
Convergint Technologies was founded in 2002 by three industry veterans: Stephen P. Mears, John P. Mears, and Paul J. Mears. The company was established with the goal of providing innovative and reliable integrated solutions for customers around the world. Since then, Convergint Technologies has become a leading provider of integrated solutions, with over 6,000 employees across more than 90 locations worldwide. As the company grew, it became clear that the founders needed to bring on additional investors to ensure its long-term success. In 2012, the company announced that it had received an investment from private equity firm GTCR Golder Rauner, LLC.
The People Behind Convergint Technologies: Who Owns It?
Today, Convergint Technologies is owned by several different entities. The company is majority-owned by private equity firm GTCR Golder Rauner, LLC, which holds a controlling stake in the company. Other investors include Stephen P. Mears, John P. Mears, and Paul J. Mears, who each hold a minority stake in the company. Additionally, Convergint Technologies is also owned by several institutional investors, including Wellington Management, Goldman Sachs, and Fidelity Investments.
Examining the Current Owners of Convergint Technologies
Analyzing the Shareholders of Convergint Technologies
As of 2021, GTCR Golder Rauner, LLC is the largest shareholder of Convergint Technologies, holding a majority stake in the company. According to research conducted by PitchBook, GTCR Golder Rauner currently holds a 67% stake in the company. The remaining 33% is split among the other shareholders, with the Mears brothers holding a combined 14%, and the institutional investors holding a combined 19%.
Examining the Impact of Current Ownership on Convergint Technologies
The current ownership structure of Convergint Technologies has had a significant impact on the company’s growth and success. GTCR Golder Rauner’s investment has allowed the company to expand its operations and services, and has provided additional capital for new investments and acquisitions. The institutional investors have also helped the company access new markets and attract top talent. Finally, the Mears brothers’ continued involvement in the company has ensured that Convergint Technologies remains true to its roots and continues to provide innovative solutions to its customers.
Conclusion
Summary of Who Owns Convergint Technologies
Convergint Technologies is owned by multiple entities, with private equity firm GTCR Golder Rauner, LLC holding a majority stake in the company. The remaining shares are split between the company’s founders and several institutional investors. This ownership structure has allowed the company to grow and succeed, and has enabled it to remain true to its mission of providing innovative solutions to its customers.
How Can You Find Out More About the Ownership of Convergint Technologies?
If you are interested in learning more about the ownership of Convergint Technologies, you can visit the company’s website or contact them directly. Additionally, there are many resources available online that provide detailed information about the company and its ownership structure, including research reports from financial analysts and news articles from reputable sources. By researching the ownership of Convergint Technologies, you can gain insight into the company’s operations and strategies, and better understand how it has achieved success.
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