Operating Companies
Essential Services
We partner with CEOs of businesses that communities and institutions cannot operate without — led by security, fire, safety, and compliance.
The Thesis
Non-discretionary demand.
Durable businesses.
Essential services are purchased in every economic environment. We focus first on security, fire, safety, and compliance, where our track record runs deepest, while remaining active across the broader essential services landscape.
- SecurityPhysical security, fire protection, life safety, monitoring, and emergency response technology.
- Safety & ComplianceTraining, readiness, testing, inspection, and regulatory compliance services.
- Broader Essential ServicesHealthcare services, environmental services, facilities services, and other businesses institutions depend on.
Our Primary Customer
We back CEOs.
Our operating company strategy is built around one relationship: the chief executive. We provide patient capital, governance experience, and a deep network — and we give leadership the autonomy to run the business. Autonomy with accountability.
XSponse
A public safety platform that turns any emergency event into an immediate, coordinated response — lockdowns, two-way audio and video, location tracking, mass notification, and real-time intelligence across schools, healthcare, houses of worship, and commercial environments.

Westnet
Westnet pioneered modern fire station alerting and leads the industry in dispatch and first-responder alerting solutions — used in thousands of dispatch centers, fire stations, and airports nationwide.
Envisage Technologies
The Acadis Readiness Suite ensures law enforcement, military, and emergency services are trained, equipped, and ready to respond.

FE Moran Security Solutions
Life safety and security systems — an early foundation of our security investing experience.
We invest in security, fire, safety, compliance, and essential services businesses — majority or minority equity, closing with permanent family capital.
