Terracom
Sector
Digital Transformation
Physical Security Management SaaS
Investment Year
2019
Date
30-Aug-2019
Advisors:
Papapolitis & Papapolitis (GR)
Candesic (UK)
RSM (GR)
Alter Domus (Global)
Bankers:
Barclays (UK)
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“We are very excited about Brookstreet’s investment to Terracom. Together, (with Brookstreet), we will accelerate Terracom’s growth and provide globally innovative technological solutions and real value to our customers and partners. We share Brookstreet’s commercial values and global vision. We will work hand-in-hand, to realise this aspiration.”
About Terracom
Terracom is a Greek-based, globally-installed software technology firm which has developed the renowned QR Patrol (QRP Guard Tour Patrol System), an integrated security workforce management cloud-based software-as-a-service platform. QRP’s most-impressive clientele includes IVY league universities, police forces and security firms, corporations and infrastructure bases (including a world-class client which assigned Terracom 3,500 QRP users). Terracom is a true European R&D leader and a Horizon 2020 SME Instrument champion (1,090 proposals, 30 approvals, 2 in Greece). QR Patrol is installed in 80+ countries.
Brookstreet Investment in Terracom
Brookstreet Equity Partners (“Brookstreet”) announces its investment in integrated security workface management firm Terracom S.A.
Brookstreet’s Managing Partner (CEO), Omiros Sarikas stated:
“Brookstreet secured with Terracom a strategic shareholding in a top edge security and technology company. Security workface management is a multi-billion-dollar market growing exponentially. Funds will drive business expansion and best-in-class product development using artificial intelligence (AI), machine learning (ML) and augmented reality (AR) technologies. Terracom has the potential of Unicorn status and already attracted discussions with large-cap tech funds. Broosktreet backs Terracom to turbo-charge this aspiration and drive a global scale up.”
