No photo available

Details

The company provides equipment and services for electronic monitoring, supervision, and drug testing of criminal offenders. The company also provides services to others under the jurisdiction of the courts or other governmental services.

Key Aspects
•More than 60% of revenue is recurring through contracted agencies
•Strong company reputation in service area
•Primary provider of SCRAM systems equipment
•Nearly all (97%) receivables average less than sixty (60) days old
•Strong contacts in criminal justice industry
•Multi-state operations

Opportunities
•Expansion in service area
•Midwest state seeks to reduce its prison population via legislation of felony DWI offenders
•Improving inventory management and reducing equipment losses
•Budgeting process with future forecast model outputs allowing for long-term planning

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.