IXP Signs Asset Purchase Agreement With Safir Companies To Expand Its Public Safety & Security Managed Services Offerings
PRINCETON, N.J., Oct. 30, 2017 /PRNewswire/ -- IXP Corporation—a prominent national public safety and emergency communications solutions provider—has announced an asset purchase agreement for the managed services & consulting businesses of Vigilant Analytics & Safir Intelligence and Security / Vigilant Resources International (VRI) (the "Safir Companies"). IXP recently announced the appointment of Adam Safir as Senior Vice President of Corporate Development.
Pursuant to the Agreement, IXP acquired several contracts that deliver analytical managed services, staff augmentation and intelligence-led policing programs to clients around the country. IXP will integrate the Safir Companies' existing sales and delivery teams into its operations.
The Safir Companies, owned by Howard Safir (former City of New York's Police and Fire Commissioner, Associate Director of Operations for the U.S. Marshals Service, and Assistant Director for the Drug Enforcement Administration) and Adam Safir (former CEO for Safir Intelligence and Security, COO for SafirRosetti), build advanced capabilities in security & intelligence for public safety agencies and private sector organizations worldwide.
William Metro, IXP's Chief Executive Officer, noted a number of key objectives during IXP's acquisition process, such as fueling the strategic plan by broadening and deepening the company's managed services offerings, increasing sales volume—which thereby increases revenue growth—and providing new opportunities to IXP's existing base of clients.
"IXP shares a similar vision with the Safir Companies, which is to change the paradigms associated with how public safety services are provided to communities by offering innovative, practical and affordable managed services and solutions to our clients. We view this transaction as an exciting opportunity not only for IXP, but for our clients, partners, employees, the communities we serve and our shareholders. We are excited to partner with the Safir Companies in the next chapter of our collective journey," said Metro.
According to Adam Safir, "This deal presents valuable opportunities for our customers. IXP's expertise and innovative business model align with our long-term practice of delivering superior results and value to, with and for diverse jurisdictions and organizations."
Commissioner Howard Safir noted, "9-1-1 is a critical point of first contact for public safety. IXP has the skills and resources to ensure that those valuable seconds and minutes lead to the most effective response possible."
Lawrence Consalvos, IXP's President and Chief Operating Officer, said, "We felt that by aligning our law enforcement experiences and creative managed services ideas, that our shareholders and clients will realize the full potential of IXP's offerings. Both the Safir Companies and IXP have a strong commitment to our clients, and we look forward to remaining focused on their missions and communities, to solve some of their most difficult public safety challenges."
About IXP Corporation: For more than 15 years, IXP Corporation (www.ixpcorp.com) has been the market leader in public safety managed services, challenging the traditional paradigm of how public safety services are delivered and providing better, faster, more cost-effective solutions. With headquarters in Princeton, N.J., IXP serves government, higher education and corporate campus clients nationwide. IXP provides a total solution methodology that incorporates governance, operations, technology, and facility needs. IXP's solutions range from custom software solutions to managed dispatch operations.
SOURCE IXP Corporation
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