Elite Interactive Options introduced an funding from Chicago-based non-public fairness agency CIVC Companions.
“This can be a defining second not only for Elite, however for your entire class of proactive safety,” mentioned Aria Kozak, founding father of Elite and a 2024 inductee into the Safety Business Corridor of Fame. “After an exhaustive course of, CIVC emerged as the perfect associate to assist us scale our imaginative and prescient. This strategic funding allows us to completely capitalize on our unmatched skill to stop crime, drive apprehensions, and ship industry-leading buyer retention.”
Based in 2007, Elite is supplier of distant guarding, delivering a confirmed answer that persistently outperforms conventional guard providers at a fraction of the price. CIVC Companions, which has deployed greater than $2.9 billion of capital throughout 88 platform investments since 1989, will present each capital and strategic steering to additional speed up Elite’s development trajectory. Houlihan Lokey suggested CIVC on the transaction.
“This can be a milestone deal for the {industry} and a transformational alternative for Elite,” mentioned Michael Zatulov, who has been promoted to CEO as a part of the expansion initiative. “Personal companies and public companies are more and more overwhelmed by crime and ineffective safety measures. Elite has already confirmed it could possibly ship distinctive outcomes at scale. With CIVC’s backing, we’re poised to broaden our attain, deepen our impression, and construct a really next-generation safety platform.”
Zatulov, who joined Elite in 2017 and most just lately served as president and COO, succeeds Kozak as CEO. Kozak will stay actively concerned as chairman of the board.
“It’s been an amazing honor to study from and work alongside Aria,” added Zatulov. “His legacy as a pioneer on this area is unmatched, and I’m humbled to proceed the mission he began — to reimagine safety as a proactive, intelligence-driven service.”
