The Richardson business has invested into Permaconn, an Australian based firm that is a leader in alarm signalling communications technology.
Founded in 1999, Permaconn has grown to become the preferred choice for professionally monitored alarm connectivity, underpinned by a clear history of technology leadership and focus on customer solutions.
Based in Sydney Australia, Permaconn currently operates in commercial and residential sectors across Australia and New Zealand.
Their communication solutions provide a private and secure network, which ensures alarm signals are securely delivered from protected premises to monitoring centres.
A spokesperson for Richardson said:
"We are excited by this investment into Permaconn, a dynamic and growing business that has a clear history of technology leadership and innovation.
Australasia is one of our core international investment markets, and a region where we expect to continue to be active in the future."
The investment has been made alongside Five V Capital, a growth-focused private equity and venture capital firm that is based in Australia and New Zealand.
For more information on Permaconn please visit: www.permaconn.com