a portfolio company of
has been acquired by
Cascadia Capital is pleased to announce it acted as the exclusive financial advisor to Barrier 1 Systems (“Barrier 1”, or “the Company”), a portfolio company of Valesco Industries (“Valesco”) on its sale to Global GRAB Technologies (“Global GRAB”).
Headquartered in Greensboro, North Carolina, Barrier 1 is a designer and manufacturer of advanced perimeter security and safety systems serving government agencies and commercial customers. The company offers a portfolio of highly engineered and proprietary crash-rated nets, barriers, beams and detection systems designed to provide physical protection, access control, and hostile threat mitigation.
Barrier 1’s customizable solutions protect critical infrastructure and high-security environments, including government buildings, data centers, entertainment venues, military installations, airports and law enforcement facilities.
Drawing on its deep sector expertise and proprietary relationships with active buyers in the niche perimeter security market, Cascadia was able to execute a highly curated process focused on a select group of targeted strategic buyers known to have the capabilities and resources necessary to capitalize on Barrier 1’s market potential and support its next phase of growth.
“Barrier 1 has built a highly differentiated and strategically relevant platform within the specialized perimeter security market,” said Michael Del Pero, Managing Director at Cascadia Capital. “Perimeter security and access control continue to be an area of focus for Cascadia. We have seen growing interest from both strategic acquirers and financial investors as investment in critical infrastructure protection and homeland security more broadly continues to be a strategic priority across government and commercial end markets. This transaction reflects that momentum, and we are thrilled to have had the opportunity to work alongside the Barrier 1 team to find the right strategic partner for the Company moving forward.”
“Partnering with Global GRAB is the perfect next step for Barrier 1,” added Jamie Parsons, President of Barrier 1. “Over the years, we’ve built a business that our customers trust to protect the facilities and infrastructure that matter most. Partnering with Global GRAB will allow us to bring that capability to a broader platform with even greater reach. I’m proud of what our team has built, and I’m thrilled to be partnering with Global GRAB given what I believe we can accomplish together.”